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.

Extreme climate changes could disturb global development, warns WGS

The report said that the climate state is rapidly aggravating poverty and instability, and is likely to amplify the economic...
  • A joint report has been published by World Government Summit Organization (WGS) and consultancy firm PricewaterhouseCoopers.
  • The report said that the climate state is rapidly aggravating poverty and instability, and is likely to amplify the economic burden on governments struggling to manage COVID-19.

Policy eyed as Mideast bears brunt of climate change

Disasters caused by climate change since 2000 have killed approximately 2,600 people, affected seven million others, and caused $2 billion...
  • Temperatures in the region have risen by 1.5°C over the last three decades, twice the global increase of 0.7°C
  • According to the IMF, disasters caused by climate change have killed approximately 2,600 people since 2000

Lebanon: War in Ukraine means price rises amid climate crisis

There will be little to eat for many Lebanese when they break their fasts this Ramadan – but support from...
  • There will be little to eat for many Lebanese when they break their fasts this Ramadan, but support from the WFP is delivering hope in the face of crushing price rises
  • Working with the American University of Beirut, WFP is currently implementing a pilot project that is strengthening the adaptive abilities of rural communities

Israel to top up shrinking Sea of Galilee with desalinated water

Israel, a leader in making seawater drinkable, plans to pump excess output from its desalination plants into the Sea of...
  • Irregular rainfall, rising temperatures and intensive pumping have overtaxed the world's lowest freshwater lake, which has served as the Jewish state's main sweetwater reservoir.
  • Israel now plans to tackle the challenge by reversing the water flow through its vast network of pumps, pipes and tunnels dating to the 1960s, the National Water Carrier.

LNG ships worse for climate, claims NGO

Cargo ships use a particularly dirty type of fuel but the shipping industry has sought to shift to cleaner-burning LNG.
  • NGO Transport & Environment said it had mounted an investigation of LNG-powered ships in service
  • It found that they emit methane, which is a much more potent greenhouse gas than carbon dioxide

Honda plans $40bn EV investment

The automaker is switching all sales away from traditional fuel cars.
  • Global auto giants are increasingly prioritizing the production of electric and hybrid vehicles
  • After all, demand is growing for less polluting models as concern about climate change grows

Environmental issues major cause of health problems globally: WHO

Environment-related issues are among the major causes of health problems worldwide, the World Health Organization has said. In the Eastern...
  • In the Eastern Mediterranean Region, environmental risks responsible for 23 percent of the total burden of disease and as much as 30 percent of the disease burden for kids.
  • April 7 is being observed as the World Health Day 2022; it will be focusing on environmental threats and their effect on the health of the planet.

WHO data shows billions of people still breathe unhealthy air

A record number of over 6,000 cities in 117 countries are now monitoring air quality, but the people living in...
  • A record number of over 6,000 cities in 117 countries are now monitoring air quality, but the people living in them are still breathing unhealthy levels of fine Particulate Matter
  • The findings have prompted WHO to highlight the importance of curbing fossil fuel use and taking other tangible steps to reduce air pollution levels

UN talks on climate solutions wrap up two days into overtime

Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to...
  • Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to rapidly purge carbon pollution from their economies.
  • The UN's Intergovernmental Panel on Climate Change (IPCC), due to be published on Monday, will detail how industries must be reimagined to cut greenhouse gas emissions

Scientists’ network plans civil disobedience to highlight climate crisis

The world has seen a crescendo of deadly extreme weather amplified by rising temperatures -- heatwaves, wildfires, flooding, storms.
  • Their non-violent actions are timed to the release Monday of a landmark report from the UN's climate science advisory panel.
  • Scientist Rebellion targets universities, research institutes and major scientific journals, prodding them and their staff to speak out.

Paris Olympics’ organizers worry heatwave can spell trouble for games

A new study presenting "climate simulations to anticipate worst-case heatwaves during the Paris 2024 Olympics" has focused minds after it...

Company News

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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...

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...

Drought caused major global hydropower drop in early 2023

BANGKOK, THAILAND - Dry conditions, particularly in China, caused a "historic" global drop in hydropower in the first half of 2023,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Tens of millions of children uprooted by climate disasters: UNICEF

In a sweeping report on the issue, the United Nations agency detailed the heart-wrenching stories of some of the children...
  • From 2016 to 2021, floods, storms, droughts and wildfires led to 43.1 million child displacements in 44 countries, the UNICEF report says
  • UNICEF called on world leaders to take up the issue of child displacement at the COP28 climate summit in Dubai in November and December

ADNOC awards two contracts for Hail and Ghasha Offshore Development project

ABU DHABI, UAE – ADNOC on Thursday announced the final investment decision (FID) and award of contracts for the Hail...
  • The first contract for the offshore facilities has been awarded to a joint venture between National Petroleum Construction Company and Saipem.
  • The second contract will deliver the onshore scope, including carbon dioxide and sulphur recovery and handling and has been awarded to Tecnimont.

Largest climate fund seeks new funding for vulnerable

The Green Climate Fund (GCF) was set up as part of the landmark 2015 Paris Agreement to funnel grants and...
  • The Green Climate Fund says Thursday's conference in Germany will allow it to invest more in a decade it sees as critical for climate action
  • It has laid out a 50by30 vision to manage $50 billion by 2030, almost triple its current capital of $17bn, to focus efforts on developing countries