Japan quake toll rises to 62 as weather hampers rescuers
The 7.5-magnitude quake on January 1 that rattled Ishikawa prefecture on the main island of Honshu triggered tsunami waves more...
Business
Cut meat consumption to avert climate catastrophe: Report
Fossil fuels, energy and transport tend to dominate climate discussions. Governments largely ignore livestock’s contribution to climate change, terrified of...
- Fossil fuels, energy and transport tend to dominate climate discussions
- The livestock sector is responsible for 14.5% of global greenhouse gas (GHG) emissions
Research
Global CO2 emissions set to rebound this year to pre-Covid levels
Overall, CO2 pollution this year will be just shy of the record set in 2019, according to the annual report...
- Emissions from gas and highly polluting coal will rise this year by more than they dropped in 2020
- Capping the rise in global temperature to 1.5 degrees Celsius above pre-industrial levels -- as per the Paris Agreement -- would limit mortality and damage
Geostrategy
19 countries vow to end overseas fossil fuel finance
Major coal, oil and gas funders China, Japan and South Korea were absent from the pledge. The IEA says that...
- Unabated fossil fuel projects are those that do not deploy technology to absorb the carbon pollution they produce.
- G20 nations last month agreed to end financial support for new unabated coal plants abroad.
Science
Global CO2 emissions in 2021 near record levels, says report
CO2 pollution this year will be just shy of the record set in 2019, according to the Global Carbon Project...
- Capping the rise in global temperature to 1.5 degrees Celsius above pre-industrial levels would limit mortality and damage
- However, it requires slashing carbon emissions nearly in half by 2030 and to net zero by 2050
Economy
$4 bn US-UAE effort to help farming adapt to climate change
During the UN talks in Glasgow, Scotland, the two countries launched the Agriculture Innovation Mission for Climate.
- During the UN talks in Glasgow, Scotland, the two countries launched the Agriculture Innovation Mission for Climate
- The AIM is seen as critical for averting the most disastrous impacts of climate change
Economy
Arab nations’ pledge bolsters COP26 message
The UAE, Saudi Arabia, and Egypt have made some strong climate-action pledges at or before COP26.
- The summit may not achieve its target of reducing carbon emissions by 45 percent by 2030
- COP26 wants governments to adopt carbon emission targets through 2030
Geostrategy
UK pledges $68 million for Middle East North Africa green transition
LONDON: The United Kingdom will provide $68 million in funding to help the Middle East and North African countries' energy...
- Britain's Minister for the MENA region James Cleverly announced the funding at the COP26 in Glasgow.
- The funding will go toward the High Impact Partnership on Climate Action, which was launched at the event.
COP26 leaders vow new drive to save forests
The summit's chair, British Prime Minister Boris Johnson, said the agreement on deforestation was pivotal to the overarching ambition of...
- The pledge is backed by almost $20 billion in public and private funding
- Greenpeace slammed the Glasgow initiative for allowing "another decade of deforestation"
Geostrategy
What did the G20 summit agree?
Meeting in person for the first time in two years, G20 leaders had climate change, the Covid pandemic, a tax...
- Leaders pledged action against dirty coal plants but fell short on a target of zero emissions. Support WHO's vaccination goals.
- An agreement that will subject multinationals to a minimum 15 percent tax approved as part of an effort to build "a fairer international tax system".
Geostrategy
Climate, economy, vaccines key focus of G20 talks
Leaders of the world's most advanced nations are hoping to hammer out a way forward on climate change and vaccine...
- In their first in-person gathering since the start of the Covid-19 pandemic, the relaunch of the global economy will also be front and center on the two-day agenda
- The stakes are high, with United Nations Secretary General Antonio Guterres warning G20 leaders to show "more ambition and more action"
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Japan quake toll rises to 62 as weather hampers rescuers
The 7.5-magnitude quake on January 1 that rattled Ishikawa prefecture on the main island of Honshu triggered tsunami waves more...
Company News
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Iraq’s marshes along with a way of life are dying
Arts & Culture
TotalEnergies, Adani Group set up JV for wind, solar power production in India
PARIS, FRANCE - French firm TotalEnergies and Indian group Adani unveiled plans on Wednesday to create a joint venture to develop wind...
Business
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,...
Economy
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...
Geostrategy
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Economy
Aid groups warn of outbreak of disease in Libya after floods
Several aid organizations have warned of the outbreak of disease in the port city of Derna, after Sunday's flood submerged...
- Islamic Relief has warned of a second humanitarian crisis from water-borne diseases and shortages of food
- The UN has made an appeal for more than $71 million to assist hundreds of thousands in need
UAE to meld climate change talks with interfaith harmony at COP28
Abu Dhabi, UAE - The UAE Ministry of Tolerance and Coexistence and the COP28 Presidency have signed a Memorandum of...
- The UAE Ministry of Tolerance and Coexistence will assist in organizing and overseeing the Faith Pavilion at COP28
- The platform aims to enhance global religious engagement to bolster climate action and address the climate crisis
Business
Emirates NBD Group invests in sustainability startup Erguvan
Dubai, UAE - Emirates NBD made an investment in Erguvan, a climate and financial technology venture aimed at providing financial...
- The investment was made via Deniz Ventures, an investment fund launched by DenizBank A.S., Türkiye, under the umbrella of Emirates NBD Innovation Fund
- The Group-wide fund was created to enable investments in FinTech, SustainTech and Tech companies and start-ups across Emirates NBD’s key markets