Climate threats haunt GCC’s economy and finance
The GCC faces a critical challenge as climate risks like extreme heat and water stress rise, potentially impacting the region's...
Economy
Innovative solutions crucial for marine conservation
The MENA Oceans Network, launched at the COP28, marks a pivotal step in addressing urgent ocean-related challenges in the region,...
COP28 UAE
Economy
‘Third’ of Pakistan under water as flood aid efforts gather pace
The rains that began in June have unleashed the worst flooding in more than a decade, washing away swathes of...
- In the south and west, dry land is limited, with displaced people crammed onto elevated highways and railroad tracks to escape the flooded plains
- Pakistani officials have blamed climate change, which is increasing the frequency and intensity of extreme weather around the world
Business
UAE launches net-zero drive for firms
The Ministry of Climate Change and Environment (MoCCAE) Monday launched the UAE Climate-Responsible Companies Pledge. The pledge aims to increase...
- The pledge aims to increase the engagement of the private sector in the country’s decarbonization drive
- The pledge forms the basis of future collaborations between the private sector, non-governmental organizations (NGO) and international organizations.
Business
Saudi review partnership with Bahrain in green sector
Bahrain targets zero neutrality by 2060 in the country.
- The Saudi delegation briefed Bahrain’s minister on the farming and environmental practices in Saudi Arab.
- Bahrain’s delegation highlighted their efforts in developing agriculture, expanding green area, afforestation
Science
UN high-seas biodiversity treaty struggles to leave port
After 15 years, including four prior formal sessions, negotiators have yet to reach a legally binding agreement to address the...
- The High Ambition Coalition, a group of some 50 countries led by the European Union, had even called for a comprehensive BBNJ deal to be finalized by the end of the year
- One of the key pillars of an eventual BBNJ treaty is to allow the creation of marine protected areas, which many nations hope will cover 30 percent of the Earth's ocean by 2030
Economy
ENEC hosts top performing students from Al Dhafra region
The Emirates Nuclear Energy Corporation (ENEC) has hosted a recognition ceremony at the Barakah plant for top-performing students from the...
- The hosting of students reflects ENEC's stand to provide UAE youth with skills to become future leaders of the nation's growing nuclear energy sector.
- The event include an educational tour for students to visit Barakah Plant, the first multi-unit operational nuclear plant in the Arab World.
UN says Chad floods displace 340,000 people in two months
Some 5.5 million Chadians around a third of the landlocked central African country's population needed "urgent humanitarian assistance" last year,...
- The capital N'Djamena, which is located near the Chari river, has been the most badly affected by the downpours
- Last year, 256,000 people suffered damage during floods, while up to 388,000 people were affected in 2020, the UN agency said
Geostrategy
Macron warns ‘sacrifices’ ahead after ‘end of abundance’
After a summer marked by drought, massive wildfires and continuing loss of life in Ukraine, the 44-year-old leader delivered a...
- The speech appeared designed to prepare the country for what promises to be a difficult winter ahead, with energy prices rising sharply and many families struggling with inflation
- The severe drought over the summer, leading to water restrictions across most of the country, has also caused many French people to express fears about the climate change
Economy
In blazing heat water taps run dry in southern Iraq
More than 3,300 families across 10 provinces in Iraq's center and south were displaced due to "climate factors" as of...
- Authorities blame drought for the current water shortages, but also dams built upstream on some rivers and tributaries in neighboring Turkey and Iran
- A report published this month by the International Organization for Migration in Iraq said that "climate migration is already a reality" in the country
Economy
China warns of ‘severe’ threat to harvest from worst heatwave on record
The world's second-largest economy has been hit by record temperatures, flash floods and droughts this summer -- phenomena that scientists...
- More than 1,500 people in the area surrounding Chongqing were evacuated on Monday after hot and dry conditions sparked multiple wildfires
- The national meteorological service renewed its warnings for drought and high temperatures on Tuesday
Economy
WGES 2022 to promote investment tie-ups in green projects
The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well...
- The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers
- The UAE is the first country to develop the Green Key Performance Indicators focusing on three dimensions - environmental, economic and social - of sustainable development
Climate threats haunt GCC’s economy and finance
The GCC faces a critical challenge as climate risks like extreme heat and water stress rise, potentially impacting the region's...
Economy
Company News
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First wind turbines reach Saudi green hydrogen plant, says CEO
RIYADH, SAUDI ARABIA - The first wind turbines have arrived at what Saudi officials bill as the world's biggest green hydrogen...
Business
Saudi Arabia unveils roadmap to achieve 10-billion tree target
Riyadh, Saudi Arabia -- Saudi Arabia has unveiled an ambitious roadmap to achieve its monumental goal of planting 10 billion...
Geostrategy
Saudi Arabia launches mechanism to advance global climate goals
RIYADH, SAUDI ARABIA - The Clean Development Mechanism Designated National Authority (CDMDNA) announced on Monday the operation of Saudi Arabia's...
Geostrategy
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Geostrategy
Saudi Arabia, India ink MoU on electrical interconnectivity, green hydrogen
RIYADH, SAUDI ARABIA - India and Saudi Arabia signed a Memorandum of Understanding (MoU) here in electrical interconnection, green/clean hydrogen,...
- The signing took place during the Middle East and North Africa Climate Week 2023 in Riyadh, Saudi Arabia.
- The MoU was signed by Saudi Arabia’s Minister of Energy and India’s Minister of Power and New and Renewable Energy.
Geostrategy
MOCCAE and Tadweer sign MoU to launch ‘Waste to Zero’ initiative
Abu Dhabi, UAE -- UAE's Ministry of Climate Change and Environment (MOCCAE) and Abu Dhabi Waste Management Company (Tadweer) have...
- The initiative is part of the Year of Sustainability and UAE's preparations for hosting the Conference of the Parties COP28.
- The initiative aims to strengthen the UAE's role in leading global action and contribute to international efforts to achieve the 43% emission reduction target by 2030.
World can’t ‘unplug’ existing energy system: COP28 head
Riyadh, Saudi Arabia - The president of the upcoming COP28 climate talks in Dubai called on Sunday for governments to abandon...
- Climate activists have criticized the appointment of Jaber to lead the COP28 talks which kick off in Dubai next month, given that he is also head of the oil firm ADNOC.
- But Jaber has garnered the support of COP parties including US climate envoy John Kerry, partly by emphasising his belief that "the phase-down of fossil fuels is inevitable."