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.

Sustainable mobility rises as GCC turns to hydrogen

MENA countries, adopting ambitious clean energy and transportation strategies, aim for significant hydrogen production by 2050, led by UAE's National...

Qatar plans to reduce 25% greenhouse emissions by 2030

The 25 percent reduction would equal to a dip of 37 Mat CO2 eq by 2030, according to national figures,...
  • The reduction said to be part of the National Climate Change Action Plan to reduce emissions in Qatar
  • The plan is expected to take Qatar closer to achieving its sustainable development goal by 2030

Saudi Arabia joins space-based climate monitoring effort

The move comes barely days after the country announced during the Saudi Green Initiative forum that it aims to achieve...
  • Saudi Space Commission has signed the joint international statement on space monitoring of the climate
  • The signing took place at the headquarters of the Saudi pavilion at Expo 2020 Dubai

Climate change threatens Libyan reserve, home to rare species

Ashaafean is the first Libyan site to be categorised as a UNESCO biosphere reserve.
  • Ashaafean is the first Libyan site to be categorised as a UNESCO biosphere reserve
  • The biosphere reserve's 83,060-hectare core area is home to a variety endangered species

Greenhouse gas levels reach new record high: UN

The UN's blunt report comes as British Prime Minister Boris Johnson, the COP26 host, said he was "very worried" that...
  • The World Meteorological Organization said that continued rising greenhouse gas emissions would result in more extreme weather.
  • Concentrations of all three major greenhouses gases --CO2, methane and nitrous oxide--have risen alarmingly.

Saudi minister: More investment in science and technology way to net-zero goal

Saudi Arabia's Minister of Communications and Information Technology Abdullah bin Amer Al-Swaha has said that the best way to achieve...
  • Al-Swaha says pursuing current policies and technologies will lead to a gap of 30-40 percent in the zero-emission goal.
  • Saudi Arabia is taking the lead in building a center for climate technologies in the MENA region, he said.

Aramco sets 2050 net-zero target

The company acknowledged that this would have its challenges.
  • Saudi Aramco chief Amin Nasser has said the company will achieve net-zero emissions by 2050
  • He was speaking at the Saudi Green Initiative forum, where Saudi Arabia pledged to become net-zero by 2060

Saudi Arabia eyes zero carbon emissions by 2060

At the Saudi Green Initiative forum, the Gulf country has also vowed to join a global effort to reduce methane...
  • Saudi Arabia has announced plans to reduce carbon emissions by 278 million tons annually by 2030
  • The country is also taking the Global Methane Pledge to reduce methane emission

OECD nations to ban export credits for coal power

With the latest international climate conference just days away, the proposed ban will halt support to new coal power stations...
  • For existing coal-fired power stations, the credits can only be used for pollution mitigation and carbon capture equipment that doesn't extend the service life of the facility.
  • Coal is the dirtiest fossil fuel and is responsible for a major chunk of carbon emissions.

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

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

Jordan takes steps to raise position in Global Food Security Index, says minister

AMMAN, JORDAN - Agriculture Minister Khaled Al-Hneifat said the ministry has been working hard over the past year to create...

Company News

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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...

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...

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

Most Read

Drought, fires threaten Lebanon’s northern forests

In the wake of a blistering and dry summer, residents of the mountainous Akkar region near the Syrian border are...
  • A government official blamed the water shortages on both a lack of rain and rising demand
  • Lebanon "doesn't have the logistical capabilities to deal with a huge fire," said Taleb, a resident

UAE is 6th highest per capita consumer of solar energy in the world

Abu Dhabi, UAE - The UAE ranks among the top world leaders in solar energy use, according to a recent...
  • The country has developed solar mega projects, including Shams, Noor Abu Dhabi and Al Dhafra in Abu Dhabi
  • Masdar, the country’s leading renewable energy company, has played a key role in these projects

California firefighters use AI to battle wildfires

For several years firefighters have used a network of more than 1,000 cameras to monitor possible fire hotspots. Since the...
  • Computers watching live feeds from Cleveland National Forest spotted what their algorithm had been taught to understand was a column of smoke
  • Human operators were able to verify the machines were correct and alerted Captain Kris Yeary of Cal Fire, whose firefighters quickly extinguished the flames