Wind-powered Dutch chemical tanker sets sail for greener future
Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping...
Business
Climate change parches Morocco breadbasket amid policy pitfalls
Berrechid, Morocco -- Around this time every year, Moroccan wheat farmer Abderrahim Mohafid is usually preparing for his spring harvest, but...
Business
Geostrategy
World Green Economy Summit to discuss food security
The eighth World Green Economy Summit (WGES) will explore ways to improve global food security, sustainability of the food systems...
- WGES brings together global decision-makers and influencers to share their experiences to mitigate global food crises.
- The UAE plays a crucial role in addressing the issues relating to global food security.
Economy
Climate-fueled hunger more than doubles in worst-hit countries: report
The analysis, "Hunger in a heating world," found that acute hunger had risen 123 percent over six years in the...
- The countries Somalia, Haiti, Djibouti, Kenya, Niger, Afghanistan, Guatemala, Madagascar, Burkina Faso and Zimbabwe have repeatedly been battered by extreme weather
- An estimated 48 million people across those countries suffer acute hunger, defined as hunger resulting from a shock and causing risks to lives and livelihoods
Economy
Scientific program to reduce impact of climate change in Saudi Arabia, region
Riyadh, Saudi Arabia - Earth foresight, a scientific program to combat climate change using Artificial Intelligence was launched at the...
- The program relies on ground data processing techniques and artificial intelligence to provide sustainability solutions to address the risks of climate change
- It focuses on five aspects to secure a more sustainable environment, including environmental preservation, pollution control, sustainable agriculture, and nature protection
Geostrategy
Planet-warming emissions higher than before pandemic: UN
The UN's World Meteorological Organization and its Environment Programme warned that the catastrophes such as Pakistan's monumental floods and China's...
- "There is nothing natural about the new scale of these disasters. They are the price of humanity's fossil fuel addiction," said UN Secretary-General Antonio Guterres.
- The UN warned last month that the drought gripping the Horn of Africa and threatening millions with acute food shortages was now likely to extend into a fifth year.
Science
UAE issues updated second NDC to reduce emission
The UAE Cabinet, headed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved...
- The new document outlines the country’s increased climate target of reducing greenhouse gas emissions by 31 percent.
- The reduction target translates into an absolute emission avoidance of 93.2 million metric tonnes of CO2e.
Geostrategy
UN urges EU against fossil fuels in energy crisis
The UN urged EU countries on Monday to continue battling climate change and not resort to more fossil fuels in...
- Moscow's invasion of Ukraine has seen the price of natural gas hit record levels, throwing the European Union economy into deep uncertainty.
- Before the war, 40 percent of the EU's gas imports came from Russia.
Science
World Green Economy Summit 2022 theme revealed
Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGEO) announced that the theme of the 8th...
- The theme reflects the UAE’s vision of advancing climate action and strengthening partnerships.
- It also reflects international efforts to achieve climate goals.
Geostrategy
Middle East heating at twice the global average: Study
Nicosia, Cyprus - The Middle East is heating at nearly twice the global average, threatening potentially devastating impacts on its...
- The study found an average increase of 0.45 degrees Celsius per decade across the Middle East and eastern Mediterranean region.
- Oil-rich Middle East is on course to becoming one of the world's leading sources of greenhouse gas emissions.
Geostrategy
Egypt vows to champion climate finance for Africa at COP27
Egypt's environment minister Yasmine Fouad said that Egypt will also remind rich countries of the industrialized world of their unfulfilled...
- African countries are among the most exposed to the impacts of climate change, especially worsening droughts and floods, but responsible for only around 3% percent of emissions.
- The 2015 Paris agreement requires developed countries to "provide financial resources to assist developing country parties" in curbing their emissions.
Economy
Energy majors exaggerating green performance: analysis
Campaigners say this "significant misalignment" between communication strategies and business plans could allow five of the biggest privately-owned energy firms...
- Public communications of five energy majors were found to contrast with their planned capital expenditure for 2022
- The analysis found that Shell had the largest disparity between its green talk and actual low-carbon investment
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Wind-powered Dutch chemical tanker sets sail for greener future
Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping...
Business
Company News
Latest News
World’s richest 1% emit as much carbon as bottom two-thirds: report
Among the key findings of this study are that the richest one percent globally -- 77 million people -- were...
UAE holds 19% of global sustainable bonds, says Fitch Ratings
DUBAI, UAE - Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues...
Business
Adoption of electric vehicles in US face infrastructure hurdles
NEW YORK, US - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and...
Business
Most Read
Economy
China emissions to fall in 2024 on renewables jump
The country has been installing renewable energy capacity at breakneck speed, with new solar in 2023 alone amounting to twice...
- China is the largest greenhouse gas emitter and has brushed aside calls for a more ambitious carbon neutrality target
- IEA says the country is projected to account for 45 percent of global emissions from existing fossil fuel assets
Endangered sea turtles get second life at Tunisian centre
The facility, one of two in North Africa, is run by the EU-funded Life Med Turtles project, which looks after...
- Since the centre opened in 2021, nearly 80 turtles have been treated and returned to their natural environment, said its chief Imed Jribi
- Every year, around 10,000 loggerheads are caught by trawlers and in fishing nets in the waters off Tunisia, a potential death sentence for the turtles
Geostrategy
Saudi urges leniency in climate change policies for low income nations
Riyadh, Saudi Arabia - Saudi Arabia said on Thursday that policies to address climate change should not "crush the bones" of...
- Climate change is "relevant and important" but "should not be attended to by crushing the bones and the future of the less (powerful) people," Prince Abdulaziz said.
- Prince Abdulaziz said on Thursday that attempts to provide financial support to countries affected by climate change had so far delivered poor results.