INSEAD Day 4 - 728x90

Climate Change

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Air pollution killed 238,000 Europeans prematurely in 2020: EEA

Across the 27-nation bloc that year, "exposure to concentrations of fine particulate matter above the 2021 World Health Organization guideline...
  • Fine particulate matter, or PM2.5 travel deep into the respiratory tract, worsening the risk of bronchitis, asthma and lung disease
  • The EU wants to slash premature deaths related to fine particulate matter pollution by 55 percent in 2030 compared to 2005 levels

At least 35 hurt after magnitude-6.1 quake in Turkey

National authorities said the quake was at a magnitude of 5.9 -- lower than the 6.1 given by the US...
  • The shallow tremor struck about 170 kilometres (105 miles) east of Istanbul, the country's largest city, where it was strongly felt
  • Experts have long warned a large quake could devastate Istanbul, which has allowed widespread building without safety precautions

Search for buried survivors after Indonesia quake kills 162

The epicenter of the shallow 5.6-magnitude quake on Monday was near the town of Cianjur in Indonesia's most populous province...
  • Indonesia's national disaster mitigation agency, or BNPB, said at least 25 people were still buried under the rubble in Cianjur as darkness fell on Monday
  • The devastation caused by the quake was made worse by a wave of 62 smaller aftershocks -- with magnitudes ranging from 1.8 to 4 -- that kept shaking Cianjur

COP27 agrees to fund climate damages, no progress on emission cuts

A final COP27 statement covering the broad efforts to grapple with a warming planet held the line on the aspirational...
  • Tired delegates applauded when the fund was adopted as the sun came up Sunday following two extra days of negotiations
  • UN chief Antonio Guterres said the talks had "taken an important step towards justice" with the loss and damage fund

Swiss regret COP27 going soft on top polluters

GENEVA, SWITZERLAND - Switzerland regretted Sunday that the COP27 climate summit outcome does not impose obligations on the highest greenhouse...
  • There was disappointment in some quarters over COP27's stand on cutting emissions.
  • There were concerns that no resolutions were passed on phasing out coal and reducing subsidies for oil and gas

Climate damages are key flashpoint as UN COP talks go overtime

Sharm el Sheikh, Egypt—Climate negotiators were grappling for an agreement Saturday at the UN COP27 in Egypt after high stakes talks went...
  • Wealthy nations, long reluctant to discuss the issue over fears of liability, have accepted that vulnerable nations are facing devastating impacts
  • Delegates are looking to find agreement on emissions-cutting ambitions and reaffirm a goal to limit average warming to 1.5 degrees Celsius from pre-industrial levels

Greenpeace, Arab climate activists slam regional efforts at COP27

The 21-country Arab group at the COP27 climate conference in Egypt "has spent most of its energy spearheading efforts to...
  • Greenpeace's Ahmed El Droubi noted that the Arab group's current fossil fuel safeguarding strategy does not reflect the vulnerability of the region
  • The Middle East is at high risk of water and food scarcity as well as severe heat waves as a result of climate change

UN climate talks go into overtime to break deadlock over funding

Representatives from nearly 200 countries have gathered at the COP27 in Egypt for two weeks with the aim of driving...
  • But wealthy and developing nations were still struggling to find common ground on creating the fund and on a host of other crucial issues with only hours before the summit.
  • For many developing countries the defining issues at the conference is money for the "loss and damage" caused by climate change.

UN chief says stop ‘blame game’ at deadlocked climate talks

Developing nations least responsible for global emissions are pushing rich polluters to agree at COP27 on the creation of a...
  • Guterres said there was "clearly a breakdown in trust" between developed and emerging economies
  • The deadlock on loss and damage is holding up agreement on a broad range of issues that nations are hoping to address at COP27

EU pledges US$1bn in climate funding for Africa

The initiative, launched at UN climate talks along with France, Germany, the Netherlands and Denmark, will combine "existing and new"...
  • The funding also includes an EU pledge of $60 million for climate "loss and damage" already being suffered, a contentious issue at the negotiations in Egypt
  • It will cover the collection of climate risk data, boosting early warning systems, disaster risk finance and insurance, as well as helping to attract private finance

Electric cars credited with lower CO2 emissions in US neighborhoods

LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas,...

Company News

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50 oil and gas companies pledge to cut operational emission in COP28 meet

DUBAI, UAE - Fifty oil and gas companies representing 40 percent of global production pledged to decarbonize their operations by 2050...

US pledges $3bn to a global climate fund at COP28 meet

Developing countries least responsible for climate change are seeking support from richer polluting nations to adapt to the increasingly ferocious...

UAE President attends Group of 77 and China meeting at COP28

DUBAI, UAE – At the UN Climate Change Conference (COP28) here, UAE President Sheikh Mohamed bin Zayed Al Nahyan attended...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Abu Dhabi Global Market announced as home to $30 billion ALTÉRRA

Abu Dhabi, UAE - The Abu Dhabi Global Market (ADGM) was announced as the home of the newly launched catalytic...
  • As the principal climate finance partner of COP28, ADGM has played a pivotal role in shaping the global dialogue on climate finance
  • The initiative, which saw the UAE commit a US$30 billion in catalytic capital, positions ALTÉRRA to mobilise US$250 billion globally by 2030

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...
  • A total of 134 countries who produce 70 percent of the food eaten worldwide signed the declaration, summit hosts the United Arab Emirates said
  • The 134 nations are home to 5.7 billion people and represent more than three quarters of all greenhouse gas emissions from the global food system

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...
  • Some 104,000 people, including technical and security staff, have access this year to the "blue zone" dedicated to the actual climate negotiations
  • That largely exceeds the previous record at last year's UN climate summit in Egypt, COP27, which had 49,000 accredited attendees