‘Tech solutions help make food practices sustainable’
UAE's launch of Food Innovation Hub emphasizes the government's eagerness to innovate and collaborate for sustainable food systems, WEF's Tania...
Russia, Saudi say sovereign Palestine state vital for regional peace
RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...
Geostrategy
Business
ACWA Power plans to stop investing in non-renewable projects: CEO
ACWA Power has said it plans to end investment in non-renewable projects in its endeavor to reach net zero by...
- ACWA holds a one-third stake in the massive $5 billion Neom futuristic city project, which will be powered entirely by solar and wind.
- The company, 44 percent owned by PIF, will be "very selective" about the type of gas-powered plants, says CEO
Science
Rio Tinto to ‘halve’ emissions
Mining releases 4-7% of global greenhouse gas emissions.
- Rio Tinto said it would spend around $7.5 billion from now until the end of the decade to reduce emission
- The cut would be to so-called scope one and two emissions — from mining operations and power consumption
Science
Planned fossil fuel output shatters 1.5C climate target, says UN
The UN's Environment Program said government fossil fuel production plans this decade were "dangerously out of sync" with emissions goals.
- The UN says emissions must go down nearly 50 percent by 2030 and to net-zero by mid-century to limit warming
- But its Production Gap report found that total fossil fuel production would likely increase until at least 2040
Business
Mobily signs recycling deal
Mobily will recycle old and discarded Ericsson devices.
- Mobily is now expected to join the Ericsson Product Take-Back Program to recycle discarded electronic devices
- The program is responsible for the disposal and recycling of electrical equipment at the end-of-life stage
Geostrategy
Drought-hit Iraq’s crop farmland to be halved
UN agencies have said the impact of water shortages in Iraq is becoming evident through the lower crop yields for...
- The agricultural produce of Iraq usually includes wheat, barley, dates, tomatoes and rice.
- The FAO estimates that "by the end of the season, wheat production will be 70 percent lower and barley production negligible."
Business
Sabic leads low-carbon plan
Sabic, WEF, and global companies will formalize the plan.
- The agreement will look to formalize the low-carbon emitting technologies or LCET initiative into a standalone entity by 2023
- As a result, LCET members will share early-stage risks and co-invest in developing and upscaling low-emission technologies
Geostrategy
Jordan to get $11m from US to stem water loss
The Water Authority of Jordan has signed an agreement with USAID in this regard in the third phase of a...
- The deal is aimed at reducing water loss in Maan Governorate in southern Jordan
- The agreement is the third phase of a five-year $152-million Fixed Amount Reimbursement Agreement
Geostrategy
World’s clean energy transition ‘too slow’: IEA
Not enough investment is being pumped into meeting future energy needs and the uncertainties are setting the stage for a...
- Investment in clean energy projects and infrastructure would need to be more than trebled over the next decade if energy pledges are to be met.
- Two scenarios analyzed by IEA say global temperatures would be above 2 degrees Celsius if the world wants to achieve 1.5 degrees Celsius.
Science
China pledges $233 million to global biodiversity fund
Beijing -- the world's biggest polluter -- has sought to play a more prominent role internationally on biodiversity conservation in...
- Beijing -- the world's biggest polluter -- has sought to play a more prominent role internationally on biodiversity conservation in recent years
- Its pledge came as delegates from about 195 countries gathered in the southern Chinese city of Kunming for the first of a two-part summit on safeguarding ecosystems
Science
Aramex vows to cut emissions
It has signed a deal with the Science Based Target initiative.
- Aramex has signed a commitment with the Science Based Target initiative to significantly reduce its greenhouse gas emissions by 2030
- The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute, and WWF
‘Tech solutions help make food practices sustainable’
UAE's launch of Food Innovation Hub emphasizes the government's eagerness to innovate and collaborate for sustainable food systems, WEF's Tania...
Company News
Latest News
Tech’s carbon footprint: can AI revolutionize responsibly?
The planet's 8,000 or so data centers are the foundation of our online existence, and will grow ever further with...
Business
Istanbul dams run low after scorching, dry summer
The bank of screens in Ismail Aydin's Istanbul water management system control room flashes a worrying number: 29.7 percent. That...
UAE economy expected to grow by 3.5 percent in 2023, says UBS
ABU DHABI, UAE - Chief Investment Officer, Emerging Markets at UBS Global Wealth Management Michael Bolliger forecasts the UAE's gross...
Economy
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China, Arab nations establish centre to solve desertification, land degradation
Beijing, China - China and Arab nations have agreed to establish China-Arab International Research Centre for Drought, Desertification, and Land...
- China is one of the leading countries in desertification control and the country also has technologies that can be exemplars for Mongolia and the rest of the world
- Government representatives in attendance at the meeting signed the MoU on building the centre and launched the first batch of collaborative projects
Geostrategy
Years of coal plant expansion torment Turkey’s villagers
Villagers and environmental activists have been locked in clashes with the police in the southwestern Mugla province since their plant...
- An AFP tour of five Turkish coal-fired power plant villages witnessed the high human cost of relying on the outdated, highly polluting energy source.
- Turkey was the last among the G20 economies to ratify the Paris Climate Accords, doing so only after the environment became a top issue in the wake of deadly wildfires.
Canada’s fires in north force another town to evacuate
Canada is suffering through its worst forest fire season in recorded history, with much of the country hit by high...
- The threat to Hay River, a town of about 4,000, was so great that even firefighters and essential workers were ordered to leave, authorities said
- At this point, some two-thirds of the entire population of Northwest Territories has been evacuated to neighboring provinces, sometimes 1,200 miles away