Makkah region sees 600% surge in green spaces within 5 months
Jeddah, Saudi Arabia - There has been a 600% increase in green spaces in Makkah region from August to December...
GCC forges ahead in sustainable tech initiatives
In 2023, the Gulf countries made a strong push towards renewable energy and pioneering green hydrogen projects, signaling a significant...
Business
Science
Morocco river does not flow into the sea any more
After years of drought and over-pumping, the Moulouya river in Morocco comes to a halt just short of the sea....
- The Moulouya river is one of the longest rivers in Morocco and a vital lifeline for farmers in the area near the Algerian border
- Its final few paces are now separated from the Mediterranean Sea by a sandbar
Geostrategy
Deal but no deal: COP26 adds to climate confusion
Rich countries stand accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at...
- Rich countries accused of failing to deliver much-needed finance to vulnerable states at risk of drought, rising seas, fire and storms
- The European Commission said the deal has "kept the Paris targets alive".
Economy
ADNEC pledges zero carbon emissions
The company will support the UAE 2050 Strategic Initiative
- The announcement follows the signing of the Net Zero Carbon Events pledge, a new industry initiative to address climate change
- ADNEC’s pledge also supports the United Arab Emirates (UAE) Net Zero by 2050 Strategic Initiative to reduce carbon
Economy
Trillions needed to fight climate threat: UN draft report
The draft Intergovernmental Panel for Climate Change report is scheduled for release early next year.
- Helping vulnerable nations cope with the multiplier effect of climate change will require trillions of dollars, according to a draft UN report
- The failure of rich countries to deliver the promised $100 billion a year for vulnerable nations has become a flashpoint at COP26
United Arab Emirates to host COP28 in 2023
The UNFCCC confirmation of the UAE as the host for the 28th conference followed unanimous endorsement by the Asia Pacific...
- The UAE has pledged US$1 billion of increased investment as part of the AIM for Climate
- The country has also joined the Global Methane Pledge building on its position as one of the least methane intense nations in the world
Geostrategy
Scientists appeal for immediate climate action at COP26
More than 200 scientists told the COP26 summit Thursday to take immediate action to halt global warming, warning in an...
- The scientists warned in an open letter that some climate change impacts were "irreversible" for generations.
- Commitments made so far could still lead to "catastrophic" warming of as much as 2.7C by 2100, according to the UN.
Geostrategy
UAE calls for inclusive climate agenda for COP28
Investing in low-carbon solutions in the energy sector will drive economic prosperity, says UAE Special Envoy for Climate Change Sultan...
- The UAE has offered to host COP28 in 2023. The Asia Pacific Group of nations had endorsed the UAE's bid.
- Investing in low-carbon solutions in the energy sector will drive economic prosperity, says UAE Special Envoy for Climate Change Sultan bin Ahmed Al Jaber.
Geostrategy
COP26 draft urges boost to emissions cutting goals by 2022
The text called for nations to "revisit and strengthen" their decarbonisation plans by next year and said that limiting heating...
- Countries' latest decarbonization plans submitted under the Paris Agreement are likely to see Earth warm 2.7C this century.
- The 2015 accord contains a "ratchet" mechanism requiring countries to update emissions plans every five years.
Business
Standard Chartered starts sustainable account in UAE, Aldar first to open it
Abu Dhabi-based developer Aldar Properties became the first corporate in the UAE to open a sustainable bank account started by...
- Deposits in the accounts are used to fund sustainable projects.
- The bank has said the surplus cash will be used in addressing the climate crisis and financial exclusion.
Geostrategy
Big gap between COP26 words and climate action
Finance is a crunch issue at the summit, with developing nations demanding rich emitters make good on decade-old promises to...
- That figure is a drop in the ocean compared to the estimated $4 trillion needed annually to decarbonize the economy by 2050.
- Experts say an accord by more than 100 nations to slash methane emissions by 30 percent by 2030 could have a real impact on short-term heating.
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Makkah region sees 600% surge in green spaces within 5 months
Jeddah, Saudi Arabia - There has been a 600% increase in green spaces in Makkah region from August to December...
Company News
Latest News
UAE minister calls for climate action by promoting nature-based solutions
NEW YORK, US – UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri called upon the global...
Geostrategy
King Charles urges joint French-English effort on climate change
"Just as we stand together against military aggression, so must we strive together to protect the world from our most...
Geostrategy
UK to revoke plan to attain net zero emissions by 2050
LONDON, UK- The UK looked set to backtrack on Wednesday on policies aimed at achieving net zero emissions by 2050 with...
Business
Most Read
Economy
Climate action an opportunity to create more equitable world: Almheiri
Dubai, UAE-- Terming climate action as an opportunity to create a more equitable and sustainable world, Mariam bint Mohammed Almheiri,...
- The minister said the UAE believes that science, innovation and technology are the tools humanity needs to drive collective progress on climate action
- Almheiri asserted that COP28 is a chance to turn the world’s collective focus to conclude the first Global Stocktake of the Paris Agreement
Geostrategy
Three firefighters die in Turkey helicopter crash
ISTANBUL, TURKEY - Turkish divers searched on Sunday for the bodies of three firefighters who died when their helicopter crashed into...
- Turkey has funnelled resources into its emergency response efforts after being gripped by devastating fires in 2021.
- Global warming is changing weather patterns and contributing to a years-long drought across swathes of Turkey.
Business
California sues oil giants, alleges environment, climate-risks deception
The US state of California sued five of the world's largest oil companies, alleging the firms caused billions of dollars...
- The suit follows numerous other cases brought by US cities, counties and states against fossil fuel interests over the impact of climate change.
- The suit seeks the creation of an abatement fund to pay for future damages caused by climate disasters in California.