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.

Gulf countries warm up to waste-to-fuel plans

Here’s a broader look at how the region has prioritized solid-waste recycling and the production of alternative fuels to deal...
  • Solid waste management is one of the most critical challenges facing all GCC countries
  • Construction waste accounts for 53% of the total solid waste generated in the Gulf countries

Political will, pandemic weigh on two weeks of talks to save nature

The world is facing catastrophic declines in animals and plants that pose a twin threat to life on Earth with...
  • The talks in Geneva produced a draft biodiversity framework for living "in harmony with nature" by mid-century.
  • The delegates representing nearly 200 nations -- although not the United States -- agreed to hold new negotiations in Nairobi in June.

World Meteorology Organization hails Saudi center for saving lives

WMO noted that extreme weather, water and climate phenomena have become more frequent and more severe in many parts of...
  • WMO also highlighted the Middle East Green Initiative launched by the Crown Prince.
  • The Kingdom’s celebration of World Meteorological Day was held under the slogan “Early Warning and Early Action” on Sunday in Jeddah.

Qatar signs Global Methane Pledge, to lower emissions by 30 percent

Rapidly reducing methane emissions is the most effective strategy to limit global warming in the near term and keep 1.5...
  • A total of 111 country endorsements have now signed the Global Methane Pledge.
  • The signatories represent 70 percent of the global economy and nearly half of global anthropogenic methane emissions.

Canada torn between economy, climate in deciding oil project

Environment Minister Steven Guilbeault will soon face his first major test in deciding on a new offshore oil project.
  • Norwegian firm Equinor is seeking to develop oil discoveries in the Flemish Pass Basin, generating $2.8 billion in royalties
  • However, exploiting an estimated 300 million barrels of oil over 30 years would set back efforts to curb climate change

Tropical forests cool earth’s temperature by a degree, says research

Tropical forests cool the world by more than 1 degree Celsius, increase rainfall, and shield people and crops from deadly...
  • A study shows that the climate benefits of trees go beyond sucking planet-warming carbon dioxide out of the air.
  • Cutting down forests puts at risk the Paris climate accord's goal of capping the rise in global average temperatures at "well below" 2 degrees Celsius.

UN agency to spearhead early warning plan covering every person on earth

“Early warnings and action save lives,” UN Secretary-General António Guterres said in a video message during a ceremony marking the...
  • The agency will lead the effort and present an action plan in November at this year’s UN climate conference (COP 27) in Egypt.
  • The new plan seeks to build on existing WMO activities and partnerships, including with key agencies, countries and groups already active in the field.

Rainless Morocco struggles with water supply shortage

As Morocco withers under its worst drought in 40 years, experts warn that a combination of climate change and bad...
  • "The country hasn't seen a situation like this since the start of the 1980s," said water policy expert Abderrahim Hendouf
  • Two major cities, tourist hub Marrakesh and Oujda in the east, already started tapping into groundwater reserves in December to ensure adequate supplies

In fair phase-out of oil, gas-rich nations should stop first: Report

For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP...
  • The overarching objective, enshrined in the 2015 Paris Agreement, is to cap global warming ‘well below’ 2C, and 1.5C if possible
  • A torrent of research since 2015 has confirmed that the lower aspirational target is by far a safer threshold

Promote bicycles to combat climate change: UN

It calls on member states to "integrate the bicycle into public transportation, in urban and rural settings in developing and...
  • The resolution, proposed by Turkmenistan, was passed unanimously and like all General Assembly resolutions is non-binding.
  • The resolution encourages member states to "give special attention to cycling in cross-cutting development strategies, including bicycle sharing services,"

Embracing renewables secures UAE’s green future

"COP28 saw all parties reach an agreement on the historic ‘UAE Consensus.’ This consensus includes achieving a well-organized, responsible, fair,...

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‘Broken in two’: Libya flood survivors grapple with mental health

Last month's flood was the latest catastrophe to strike the oil-rich North African country that has been wracked by war...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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ADNOC, Fertiglobe to pilot cost-effective modular carbon capture technology

ABU DHABI, UAE – ADNOC and Fertiglobe on Tuesday announced the pilot deployment of the world’s first cost-effective modular CycloneCC...
  • The CycloneCC technology is designed to improve the economics of point-source carbon capture within industrial facilities.
  • Traditional point source carbon capture technology relies on feeding gas through large absorption and stripping towers.

Countries pledge to raise $12 billion to help coral

The pledge comes with coral around the world under particularly acute stress because of record warm seas this year.
  • Marine heatwaves -- episodes of abnormally high water temperatures -- have become more frequent and intense.
  • Oceans have absorbed 90 percent of the excess heat produced by human activity since the dawn of the industrial age, according to scientists.

Oil industry is an integral part of climate solutions, says COP28 head

President of the upcoming COP28 climate talks Sultan Al Jaber, also the head of UAE state-owned oil firm ADNOC, told...
  • The president of the upcoming COP28 urged oil industry leaders to curb emissions associated with energy production.
  • He also encouraged them to embrace "low carbon solutions" like carbon capture and storage,