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.

Jordan, Canada to forge cooperation in food and water security

Jordan and Canada on Sunday discussed enhancing bilateral development cooperation, especially in food and water security. Jordan’s Minister of Planning...
  • Canada is expected to support the education sector and vocational and technical education in Jordan.
  • The two sides agreed to renew the MoU signed in 2015 between both countries to identify the areas where Canada could support Jordan.

UAE climate change ministry, EDB to finance agro ventures

UAE Ministry of Climate Change and Environment and Emirates Development Bank sign a Memorandum of Understanding to finance agricultural SMEs...
  • UAE Ministry of Climate Change and Environment and Emirates Development Bank ink pact to finance agricultural SMEs
  • This move will help to contribute to the UAE’s sustainable economic development and food security

Floods deepen misery in Iran as death toll rises to 80

At least 80 people have been killed and 30 others are missing in floods that have wreaked havoc across Iran...
  • President Ebrahim Raisi visited flood-ravaged areas in Firouzkouh region east of the capital to assess the situation
  • Videos and pictures posted by Iranian media and on social media showed houses and cars surrounded by grey mud, and people trying to recover their belongings

Heatwave causes 1,700 deaths in Spain and Portugal, says WHO

The World Health Organization's European office has said the heatwave baking Europe has caused over 1,700 deaths on the Iberian...
  • WHO official says that exposure to extreme heat often exacerbates pre-existing health conditions
  • The international organization has called for joint action to tackle climate change

Testing of Barakah Nuclear Plant’s last unit successful

The Emirates Nuclear Energy Corporation has successfully completed the Hot Functional Testing on Unit Four, the last of its four...
  • Emirates Nuclear Energy Corporation successfully completes Hot Functional Testing on the last of its four units of Barakah Nuclear Energy Plant
  • Results demonstrate that all systems perform in accordance with the highest quality and safety standards under normal operating conditions

Are EVs driving towards greener world or uncertainty?

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
  • Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
  • Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure

Libyans at boiling point amid summer power cuts

The people of Libya are enduring electricity cuts of up to 18 hours a day, despite their country sitting atop...
  • The electricity crisis is just the latest trial for Libyans after a decade of insecurity, fuel shortages
  • Many of Libya's seven million people have turned to unreliable, gas-guzzling and polluting generators for electricity

‘Hydrocarbon trade must finance transition to clean energy’

A study in the journal Nature Climate Change found that within this century, parts of the Gulf region could be...
  • The international community largely agrees that climate change poses an existential threat to the planet.
  • Meteorologists are predicting more frequent and intense episodes of extreme weather in coming years.

Record-breaking temperature leaves Europe in discomfort

A fierce heatwave in western Europe has left much of the continent wilting under a scorching sun, feeding ferocious wildfires...
  • On Monday the 38.1C recorded in Suffolk, in eastern England, made it the hottest day of the year and the third-hottest day on record
  • For nearly a week now, armies of firefighters and a fleet of waterbombing aircraft have battled blazes that have mobilized much of France's firefighting capacity

Iran orders complete shutdown as sandstorm hits Tehran

In April, Tehran's Air Quality Control Society said dust clouds originated from "countries to the west of Iran".
  • While the region has always been battered by sandstorms, dust clouds have become more frequent and intense in recent years.
  • The trend is linked to climate change and associated with overgrazing and deforestation, as well as the overuse of river water.

COP hosts UAE, Azerbaijan, Brazil announce climate ‘troika’

The UAE hosted last year's COP28 conference in Dubai, while Azerbaijan will host this year's summit followed by Brazil in...

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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...

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...

COP28 wide open to private sector, says climate talks chief

ABU DHABI, UAE -  Upcoming UN climate talks in Dubai will be open to the private sector on an unprecedented scale,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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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...
  • Renowned architect and design innovator Michael Pawlyn emphasizes the need for net positive sustainability actions.
  • The health of natural systems is pivotal for future progress, he adds during the recent Majlis Mohamed bin Zayed lecture.

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...
  • Cooling methods currently account for over seven percent of global greenhouse gas emissions, according to the United Nations
  • The UN has said there are already an estimated 3.6 billion cooling appliances being used globally, but that figure is expected to soar

QFZ, Samsung C&T ink MoU

The two will collaborate in green, sustainable technologies.
  • Both the parties will work together to achieve sustainability objectives within the free zones in Qatar through energy transition.
  • QFZ, Samsung C&T will also explore co-investment opportunities in green infrastructure within the free zones.