INSEAD Day 4 - 728x90

Climate Change

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Understanding winter storms and global warming

The link between global warming and heat waves is very direct, but the behavior of winter storms is governed by...
  • There is no consensus on other mechanisms, such as the effect of climate change on the polar vortex and jet stream air currents.
  • The polar vortex is an air mass above the North Pole, located high in the stratosphere. Humans dwell in the troposphere, and the stratosphere is located just above it.

DEWA’s new project cuts 44,000 tons of carbon emissions annually

The TESTIAC project was implemented to increase the electricity generation capacity of gas turbines during high ambient temperatures in summer...
  • This project is the first of its kind internationally combining Thermal Energy Storage with Inlet Air Chilling in Frame 9F Gas Turbines.
  • This reduces the consumption of natural gas in the electricity production process, which limits greenhouse gas emissions.

Sustainable digital shift in GCC need of the hour

Sustainability remains key focus as the UAE and Saudi Arabia speed up digitalization, which has been the fundamental pillar of...
  • Gartner expects that by 2025, 50 percent of chief information officers (CIOs) will have performance metrics tied to the sustainability of the IT organization.
  • In the Arab Gulf, national economic visions aimed at alleviating petrochemical dependence have put renewable energy sources front and center.

DEWA 9th Sustainability Report showcases its progress in sustainable development

DUBAI, UAE - The ninth Sustainability Report 2021 issued by Dubai Electricity and Water Authority (DEWA) highlights its efforts and...
  • The Sustainability Report 2021 introduces partners, relevant entities and all stakeholders to its performance and practices in sustainability.
  • The report demonstrates the progress made by DEWA, and its contributions to achieving the United Nations Sustainable Development Goals 2030.

Dubai conference explore ways to nullify environment challenges

This is especially important with the ongoing preparations for the UAE to host the 28th Conference of the Parties by...
  • Important topics at the conference included the application of membrane technology and nano-technology in water treatment
  • The conference brought together global researchers, decision-makers, academics, and experts to discuss environmental and sustainability issues

Minister reiterates UAE’s support for global biodiversity framework at meeting

MONTREAL, CANADA -  UAE Minister of Climate Change and the Environment  Mariam bint Mohammed Almheiri participated in the High-Level Segment...
  • Almheiri urged other ministers to work together towards achieving the meeting’s objective of adopting the post-2020 global biodiversity framework.
  • The minister called for reversing biodiversity loss and realize the 2050 Vision for Biodiversity of a world living in harmony with nature.

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.

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.

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

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.

Dubai airport diverts flights as ‘exceptional weather’ hits Gulf

Dubai, the Middle East's financial centre, has been paralyzed by the torrential rain that caused floods across the UAE and...

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Saudi Arabia, Turkiye strengthen collaboration in agriculture, water management

RIYADH, SAUDI ARABIA – The Kingdom's Minister of Environment, Water and Agriculture Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli signed a...

Masdar, EDF to develop up to 3.6GW of hydropower, renewable projects in Kyrgyzstan

Dubai, UAE – Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy powerhouse, and EDF have signed an agreement...

Tunisia aims to reach 30% renewable energy by 2030: Delegate to COP28

Dubai, UAE - Tunisia has set a goal to reduce greenhouse gas emissions by 45 percent by 2030, and is...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Maghreb farmers fight climate change with drones

The use of modern technologies in agriculture is globally on the rise, including in North Africa where countries rank among...
  • Tunisia is currently experiencing its eighth year of drought (four of which were consecutive) in recent years, according to its agriculture ministry.
  • Algeria, Morocco and Tunisia ban the use of unmanned drones without a permit, which in the case of commercial uses can take months to be issued.

World Bank offers to host Lost and Damage Fund: Official

Dubai, UAE -- "World Bank has offered to host the Lost and Damage Fund, so we'll work very closely with...
  • Axel van Trotsenburg, Senior Managing Director, said, "“COP28 started with great announcements on the Loss and Damage Fund. I think it has been an extremely important decision."
  • "We need to be global. We need all countries to participate in this global challenge," he noted, adding, "We need to make sure that we can keep the 1.5 degrees."

Morocco gardening school cultivates hope for marginalised youth

Launched by the Islamic Culture Foundation in 2018, Bouregreg Med-O-Med school provides free training to dropouts and other marginalized youths...
  • Bouregreg Med-O-Med school in Morocco aims to raise awareness about climate change while promoting the social inclusion of marginalized young people
  • The school has a nursery of local plants that are better adapted to water stress, which is crucial for Morocco as the country suffers its worst drought in almost 40 years