ADDED, Siemens Energy to support sustainable industrial development in Emirate
ABU DHABI, UAE - Abu Dhabi Department of Economic Development (ADDED), represented by Industrial Development Bureau (IDB), and Siemens Energy...
Economy
London’s transport shifts gears with TfL’s cargo bike action plan
London, United Kingdom - On a busy north London street, plumber Ben Hume-Wright zipped through the heavy rush-hour traffic to his...
Business
Business
GHD, Fraunhofer–Gesellschaft to help develop UAE hydrogen policy
The Ministry of Energy and Infrastructure (MoEI) of UAE announced that it had signed an agreement with GHD Group, in...
- UAE's National Hydrogen Strategy will help in formulating policies for energy-mix diversification strategies and net-zero targets by 2050.
- Crucial elements must be in place for a booming hydrogen-based economy, including proper infrastructure, technological readiness and market access.
Economy
‘More efforts needed for net zero carbon emissions by 2050’
More efforts are required to make the world reach net zero emissions by mid-century, according to the International Energy Agency's...
- Recent technology developments and policy actions suggest momentum is accelerating in some important regions and sectors to achieve net zero by 2050.
- Initial estimates point to 2022 being a record year for renewable electricity capacity additions, with an increase of about 340 gigawatts.
Economy
Dubai emerges as a driving force for a green economy
Dubai is consolidating its position as a pioneer in transitioning to a green economy to support the efforts of the...
- Dubai had launched an in-depth study that showed how the Emirate can achieve carbon neutrality (net zero emissions) by 2050.
- The Dubai Net Zero Carbon Emissions Strategy 2050 aim to provide 100 percent energy from clean energy sources by 2050.
Economy
UN chief wants ‘action’ to address climate loss, damage payments
UN Secretary-General Antonio Guterres called on governments to tackle "four burning issues" between now and COP27: greater ambition to keep...
- The UN chief spoke about the flood in Pakistan and reminded world leaders of the Paris accord goal of limiting long-term warming to 1.5C above pre-industrial levels
- Developing nations argue that historic polluters have a moral imperative to pay for the loss and damage, but the idea was shot down by rich nations at COP26
Geostrategy
UAE, France, India share vision on sustainable growth: Sheikh Abdullah
New York, USA - UAE, France and India have discussed the need for enhancing global cooperation to counter energy and...
- Foreign ministers of the three countries reviewed it as they met on the sidelines of UNGA's 77th session.
- The three ministers discussed enhancing global cooperation in facing issues like energy and food security.
Economy
Tigris: Iraq’s mighty river drying up
Water scarcity hitting farming and food security are already among the "main drivers of rural-to-urban migration" in Iraq, the UN...
- This summer in Baghdad, the level of the Tigris dropped so low that people played volleyball in the middle of the river, splashing barely waist-deep through its waters
- Years of war have destroyed much of Iraq's water infrastructure, with many cities, factories, farms and even hospitals left to dump their waste straight into the river
Economy
Without collaboration, green transition ‘delayed by decades’: IEA
Against the backdrop of surging energy prices and the threat of a global food crisis, the IEA urged nations to...
- At last November's COP26 climate summit in Glasgow, 45 countries vowed to work together on the deployment of green tech across a variety of sectors
- Greater coordination between countries would make key green technologies cheaper for developing nations to deploy at scale, the IEA said
Economy
World Bank urges Sahel nations to diversify economies
Alerting five West African countries to the danger posed by climate change, the World Bank has urged them to diversify...
- World Bank warned that millions were at risk or already experiencing food insecurity due to low agricultural production from extreme weather
- The report includes proposals such as restoring degraded land and boosting economic opportunities for communities
Economy
Dubai reduced carbon emissions by 21 percent in 2021
The Dubai Supreme Council of Energy had a virtual meeting in which it was revealed that Dubai had reduced carbon...
- The Dubai Supreme Council of Energy in a meeting discussed increasing the share of solar energy.
- The meeting deliberated waste recycling in power and water production, industry, ground transport and waste treatment.
Business
Fossil fuel reserves contain 3.5tn tonnes of CO2: database
The global registry, Containing more than 50,000 fields across 89 countries, it found that some countries on their own held...
- UN's annual Production Gap assessment last year found that governments plan to burn more than twice the fossil fuels by 2030 that would be consistent with a 1.5C world
- The most potent source of emissions is the Ghawar oil field in Saudi Arabia, which churns out some 525 million tons of carbon emissions each year
ADDED, Siemens Energy to support sustainable industrial development in Emirate
ABU DHABI, UAE - Abu Dhabi Department of Economic Development (ADDED), represented by Industrial Development Bureau (IDB), and Siemens Energy...
Economy
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ENEC inks MoU with OSGE
Business
Buildings should absorb more carbon than they release
"Buildings should produce more clean energy than they consume. This transformation demands a reevaluation of our relationship with nature. Rather...
Economy
COP28 summit targets 68% cooling emissions cut by 2050
"Without policy intervention, direct and indirect emissions from air conditioning and refrigeration are projected to rise 90 percent above 2017...
Geostrategy
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Economy
Retail plays a pivotal role in UAE’s Net Zero mission
“To achieve our climate objectives, every segment of the economy, including retail, must work towards a greener future. The upcoming...
- UAE minister Mariam bint Mohammed Almheiri emphasizes sustainability in retail operations
- A total of 13 additional businesses have signed the UAE Climate Responsible Companies Pledge
Tropical cyclone kills two, displaces 10,000 in Yemen
Tropical cyclone TEJ made a landfall over the coast of Al Mahra governorate, in the country's southeast, late on Monday...
- The storm has flooded roads, submerged cars and forced Yemen Red Crescent volunteers in Al Mahra to temporarily suspend operations
- It cut off telecom lines and sent hundreds of families into shelters and schools, said Brigadier General Hakeem al-Mutairi from the army's Al Mahra division
Business
Red Sea Global builds largest off-grid EV charging network in Saudi Arabia
RIYADH, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala...
- The network includes more than 150 charging stations spread across phase one of The Red Sea destination area.
- The stations are placed to keep RSG’s initial fleet of 80 electric Lucid and Mercedes vehicles charged and on the road.