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.

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

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

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

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

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

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

WGES 2022 to encourage investment in green projects

The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green...
  • In WGES 2022 several heads of states and governments, experts from government and non-government sectors would participate.
  • The summit would enable finding innovative solutions and financial tools that promote clean and renewable energy projects and sustain growth

Algeria fires burned UNESCO-listed park: expert

Algeria's northeast was particularly hard-hit since Wednesday in blazes exacerbated by climate change but the fire service said most of...
  • UNESCO's website says it is the last refuge of the Barbary Red Deer and "home to a very remarkable bird life, more than 60,000 migratory birds every winter"
  • Civil Defense Colonel Boualem Boughlef said on television that since June 1, 1,242 fires have destroyed 5,345 hectares of woodlands in Algeria

Algeria fires mostly contained but more residents forced to evacuate

Authorities said they deployed more than 1,700 firefighters over Wednesday and Thursday. The dead included more than 10 children and...
  • Fierce fires have become an annual fixture in Algeria's parched forests where climate change is exacerbating a long-running drought
  • Since the beginning of June, some 1,240 blazes have destroyed 5,345 hectares (13,200 acres) of forests and other woodland, Colonel Boughlef said

UN chief slams ‘distressing’ spending on arms over climate

Without action, "the situation will deteriorate," he warned. "Conflicts are multiplying. The climate crisis is set to spiral, as emissions...

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Higher global temperatures culprit El Nino could stay till Apr 2024

Geneva, Switzerland - The El Nino weather phenomenon, which triggers higher global temperatures, is expected to last until at least April...

Fossil fuel plans by producing nations threatens 1.5C limit: UN

Most of the world's leading producers of fossil fuels have pledged to achieve "net-zero" emissions by midcentury -- a target...

Turkmenistan plants over 470,000 trees in a single day

Turkmenistan is one of the most closed societies in the world, where dissent is outlawed and the Berdymukhamedov family have...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Global energy meet discusses way forward to net-zero emissions

VIENNA, AUSTRIA – High-level representatives from the member states of the United Nations Industrial Development Organization (UNIDO), international organizations, experts...
  • The two-day forum showcased innovative technologies and transformative solutions to accelerate low-emission, climate-resilient development.
  • The international event aimed to foster new partnerships to scale up investments and technology transfer to developing countries.

Climate ‘loss and damage’ fund tops UAE talks ahead of COP28

Abu Dhabi, UAE - Setting up a "loss and damage" fund for poorer nations hit by climate change dominated preliminary talks...
  • "The main focus for the moment is clearly the loss and damage fund," French Energy Minister Agnes Pannier-Runacher told AFP.
  • The loss and damage fund is based on voluntary contributions and is not an "obligation", Pannier-Runacher added.

Oman revives CO2-busting mangroves as climate threat lurks

Oman, a minor oil producer compared with its neighbours the United Arab Emirates and Saudi Arabia, is moving quickly in...
  • The country of 4.5 million people has become the Gulf's centre for mangrove restoration and preservation
  • Mangrove habitats can remove carbon dioxide from the atmosphere at a faster rate than forests