World leaders meet for climate talks, but big names missing raising concerns over global climate commitment
The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...
UN draft on climate finance highlights deep divisions ahead of COP29
Paris, France - The UN has published a draft on climate financing due to be presented at the COP29 in November,...
Science
No climate action is possible without climate finance
Dr Al Jaber noted that climate finance is essential for each workstream of the Paris Agreement, from mitigation to adaptation,...
- Dr Al Jaber emphasised the need to increase the affordability, availability, and accessibility of climate finance to accelerate climate action and a just energy transition
- He noted that climate finance is essential for each workstream of the Paris Agreement, and that these resources are particularly needed in Global South
Fossil fuel pledges divide G7 in ‘critical decade’ for climate
The world's leading developed economies are all targeting net-zero emissions by 2050 or sooner after signing the Paris Agreement to...
- Britain has proposed new targets on the phase-out of domestic coal power in a draft statement ahead of the minister-level talks, which kick off in Sapporo
- Governments around the world will also be looking for action on resilience funding for the developing nations most affected by climate change
Economy
Tunisia farmers stare at poor harvest as drought imperils food security
Even before the roasting summer months, the soil is dry and dusty in the small Mediterranean country, whose water resources...
- At a time when the global cereals market has been disrupted by Ukraine war, Tunisia's domestic grain production has also withered under a lack of rainfall that has killed off crops
- UTAP has called on the government to urgently announce a drought and state of water "emergency" and has demanded a "clear strategy" to boost Tunisia's water reserves
Geostrategy
Environment Agency – Abu Dhabi launches strategic environmental assessment program
ABU DHABI, UAE - The Environment Agency - Abu Dhabi (EAD) has introduced the Strategic Environmental Assessment (SEA) planning program...
- Strategic Environmental Assessment will promote sustainable development and a healthy environment for future generations.
- SEA will aid in evaluating environmental impacts and guiding the investigation of alternatives and potential mitigation efforts.
World warms to Bridgetown Initiative on climate change ahead of WB, IMF meetings
Experts say developing nations are struggling to find the funds needed to stop burning planet-heating fossil fuels and prepare for...
- The IMF has created a new loan-based Resilience and Sustainability Trust to help poorer or vulnerable countries boost sustainable growth
- The World Bank says it delivered a record $31.7 billion last year to help countries tackle climate change and has started to draft a roadmap for change
Science
WMO urges more investment in integrated weather, climate services
GENEVA, SWITZERLAND - The global transition to renewable energy will require greater investment in integrated weather and climate services, the...
- This investment is critical to ensure that energy infrastructure is resilient to climate-related shocks.
- WMO is stepping up its activities to promote tailored weather and climate information, and forecasts.
Videos
Innovation key to solving Gulf water woes
Improved farming techniques, better desalination technologies, awareness campaigns and global cooperation can mitigate the regions problems caused by water scarcity.
- World Economic Forum says the Middle East and North Africa is one of the most water-scarce regions in the world.
- For years, the water crisis has exacerbated conflict and political tensions, while UNICEF says 90% of children in the region live in water stress areas.
Economy
Dutch refinery looks to boost production of sustainable aviation fuel
Sustainable aviation fuels are being made from different sources such as municipal waste, leftovers from the agricultural and forestry industry,...
- EU plans to impose the use of a minimum amount of sustainable aviation fuel by airlines, rising from two percent in 2025 to six percent in 2030 and at least 63 percent in 2050
- Neste's Lehmus said there was a great need to mature the technologies to make sustainable aviation fuel from diverse sources such as algae, nitrocellulose and synthetic fuels
Science
WTO 2023 to put spotlight on trade role in sustainable future
GENEVA, SWITZERLAND - The WTO’s annual Public Forum 2023 will focus this year on how trade can contribute to a...
- The Forum will examine in particular how the services sector, digitalization and inclusive trade policies can support global environmental goals.
- Sessions at the Public Forum are organized by representatives from civil society, academia, business, government and international organizations.
Business
DEWA, UAE energy ministry discuss cooperation for clean energy goals
DUBAI, UAE - MD & CEO of the Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed consolidating...
- DEWA’s current capacity has reached 490 Million Imperial Gallons per Day of desalinated water.
- DEWA is also working to increase the capacity of the transmission and distribution networks.
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World leaders meet for climate talks, but big names missing raising concerns over global climate commitment
The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...
Company News
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Mumtalakat, Investcorp ink pact
Business
OPEC implores members to oppose any COP28 deal targeting fossil fuels
Dubai, UAE--The head of OPEC has urged members of the oil cartel to reject any deal at UN climate talks...
COP28 UAE
Fossil fuels usage must end by 2040 to restrict warming to 1.5C
In a note to the UN Secretary-General Antonio Guterres and UN Climate Change body, shared with AFP, climate scientists from...
Geostrategy
COP28 president Sultan Jaber pushes for rapid fossil fuels draft deal
Climate campaigners have viewed Jaber with deep suspicion due to his position as the head of UAE national oil firm...
COP28 UAE
Most Read
Economy
COP28 strong push for climate action in Arab region
"The UNDP has spent approximately $1 billion in the Arab region for integrated development solutions driven by national priorities and...
- Launch of the Loss and Damage Fund at COP28 marks a crucial step in supporting climate action in the Arab region.
- UNDP's significant investment of $1bn in the Arab region focuses on integrated development aligned with national priorities.
Business
99 percent of world live in areas with air pollution levels above WHO guideline limits
DUBAI, UAE - According to World Health Organization data, 99 percent of the world’s population lives in places where air...
- Leading businesses recognize that they have an important role in reducing air pollution alongside greenhouse gas emissions.
- Business activity contributes significantly to air pollution globally but air pollution is not prioritized nor integrated into climate action.
Business
People-positive approach needed in clean power transition: WEF paper
Dubai, UAE -- Building massive infrastructure for clean power projects in pursuit of climate goals will need nearly $4.5 trillion in...
- The white paper calls for a dialogue between the industry and community groups and NGOs to define common standards for a people-positive energy transition.
- It also urges governments to not only focus on the lowest price but also the wider societal value creation in their transition plans.