UN chief slams ‘distressing’ spending on arms over climate
Without action, "the situation will deteriorate," he warned. "Conflicts are multiplying. The climate crisis is set to spiral, as emissions...
World sees first 12 months above 1.5C warming level, says climate monitor
PARIS, FRANCE - Earth has endured 12 consecutive months of temperatures 1.5C hotter than the pre-industrial era for the first time...
Science
Science
UN nature deal calls to protect 30% of planet by 2030
MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030...
- It called on wealthy countries to increase financial aid to the developing world to $20 billion annually by 2025.
- Developing countries, spearheaded by Brazil, were seeking the creation of a new fund to signal the global north's commitment to the cause.
Science
Dubai Supreme Council of Energy reviews efforts to achieve net-zero carbon emissions by 2050
DUBAI, UAE - Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 73rd...
- The meeting discussed a proposal by ENOC to supply petroleum products to Al Maktoum International Airport through the Falcon Station in Jebel Ali.
- It also discussed the national system for trading carbon credits in cooperation with the Ministry of Climate Change and the Environment.
Science
Hope grows for deal to save nature at UN talks
Observers had warned the COP15 talks aimed at sealing a "peace pact for nature" risked collapse due to disagreement over...
- Delegates are working to roll back the destruction and pollution that threaten an estimated one million plant and animal species with extinction
- Major goals in the draft under discussion include a cornerstone pledge to protect 30 percent of the world's land and oceans by 2030
Science
UAE climate change ministry launches roadmap to plant 100m mangroves by 2030
ABU DHABI, UAE - UAE Ministry of Climate Change and Environment (MOCCAE) launched the roadmap for the National Carbon Sequestration...
- This is as part of its efforts to implement the UAE's strategic initiative to achieve Net Zero by 2050.
- The project is part of the strategic directions of the UAE to increase reliance on nature-based solutions in facing environmental challenges.
Geostrategy
UAE participates in First Framework Working Group meeting within G20 Finance Track
BENGALURU, INDIA - The UAE participated in the first Framework Working Group (FWG) meeting within the G20 Finance Track, which...
- Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023.
- The meeting was also attended by G20 members, invited countries and representatives from international organizations.
Economy
Wealthy nations oppose new biodiversity fund
Montreal, Canada-- Creating a new global fund for biodiversity -- a core demand of developing countries at UN talks in Montreal...
- COP15 draft targets include a cornerstone pledge to protect 30 percent of the world's land and seas by 2030, eliminating harmful fishing and agriculture subsidies
- Dozens of countries, led by Brazil, India, Indonesia and African nations, are demanding financial subsidies of at least $100 billion a year until 2030
Science
Participation rises in Sharjah Sustainability Award
SHARJAH, UAE - The Environment and Protected Areas Authority in Sharjah (EPAA) announced an increase in participation in the 11th...
- The breakup of the entries are 311 from university and college students and 174 from school students.
- Nominations were also received in the Distinguished Teacher Award category.
Economy
UN says right environment policies can generate 20 million jobs
“It is critical that as we scale up the use of Nature-based Solutions (NbS) we make sure we do not...
- Nature-based solutions aim to protect, restore, and sustainably manage waters and marine ecosystems.
- New Green Jobs for Youth Pact, launched by ILO and UNEP at COP27, aims to create one million new green jobs.
Geostrategy
Activists warn a toothless UN nature pact will fail
The UN meeting, called COP15, running from December 7 - 19, bringing together nearly 5,000 delegates from 193 countries to...
- Implementation mechanisms are at the heart of the Paris agreement on the fight against global warming, in the form of "nationally determined contributions"
- The current text on biodiversity only "urges" countries to take into account the conclusions of a global review in four years' time
Geostrategy
US could change green subsidies rules as EU fears unemployment
The United States is open to amending lucrative green subsidies that have drawn transatlantic anger for allegedly encouraging job losses...
- Washington's landmark Inflation Reduction Act contains $370 billion in subsidies for green energy and tax cuts for US made electric cars
- Biden defended the act and said it was never intended to disadvantage US allies, and has committed to understanding EU concerns.
UN chief slams ‘distressing’ spending on arms over climate
Without action, "the situation will deteriorate," he warned. "Conflicts are multiplying. The climate crisis is set to spiral, as emissions...
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134 nations to put food, agriculture in national climate plans
"This declaration is the moment when food truly comes of age in the climate process, sending a powerful signal to...
COP28 UAE
Dubai COP28: Record attendance marks largest ever UN climate summit
Among the host country's guests are Bill Gates and Antoine Arnault, the son of LVMH boss Bernard Arnault, the second...
COP28 UAE
Mumtalakat, Investcorp ink pact
The firms have jointly launched a climate investment platform.
Business
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COP28 puts spotlight on state oil giants
Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but...
- National oil companies, or NOCs, "account for more than half of global production and close to 60 percent of the world's oil and gas reserves," the IEA said
- NOCs and the oil majors - which include BP, Chevron, ExxonMobil, Shell and TotalEnergies - will all be "critical to efforts to achieve net zero" emissions by 2050
COP28 UAE
COP28’s Green Zone: A central hub for climate-related activities
Dubai, UAE - The Green Zone at the COP28, overseen and managed by the conference presidency team, serves as a...
- Starting on December 3, the Green Zone will host attendees throughout the COP28 week, providing access to exhibitions, artistic installations, film screenings etc
- Specialized centres within the Green Zone provide opportunities for learning, skill development, and collaboration to address climate change
COP28 UAE
Climate and Gaza crises share spotlight as world leaders attend COP28
The spotlight now turns to more than 140 kings, presidents and prime ministers who will address delegates at the sprawling...
- The COP28 conference kicked off on Thursday with an early victory as nations agreed to launch a "loss and damage" fund for vulnerable countries
- But delegates face two weeks of tough negotiations on an array of issues that have long bedevilled climate talks, starting with the future of fossil fuels