Race against time after deadly Japan quake
The 7.5-magnitude quake, which hit Ishikawa prefecture on the main island of Honshu, triggered tsunami waves more than a meter...
ADDED, Siemens Energy to support sustainable industrial development in Emirate
ABU DHABI, UAE - Abu Dhabi Department of Economic Development (ADDED), represented by Industrial Development Bureau (IDB), and Siemens Energy...
Economy
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
Business
Google to stop pairing ads with climate change misinformation
The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from...
- The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from content that denies climate change
- The internet giant added that the policy change aligns with efforts by the company to promote sustainable practices and confront climate change
Economy
UAE announces Net Zero by 2050 strategic initiative
The national drive aims to achieve net-zero emissions by 2050, making the UAE the first MENA to do so.
- The national drive aims to achieve net-zero emissions by 2050, making the UAE the first MENA to do so.
- The Ministry of Climate Change and Environment will lead and coordinate efforts to execute the initiative
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Race against time after deadly Japan quake
The 7.5-magnitude quake, which hit Ishikawa prefecture on the main island of Honshu, triggered tsunami waves more than a meter...
Company News
Latest News
IDB inks pact with IRENA
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...
Business
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...
Economy
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...
Economy
Most Read
Derna counts the cost of Libya flood disaster
Derna was home to about 100,000 people, and many of its multi-storey buildings on the banks of the riverbed collapsed,...
- Two dams burst in Derna on Sunday after storm hit, releasing a surge of water that tore through the city, sweeping away buildings and people inside them
- Rescue teams from The Turkey have arrived in eastern Libya, according to authorities. The United Nations and several countries offered to send aid
Geostrategy
Red Cross warns death toll may surge as 10,000 missing in Libya floods
The death toll from freak floods in eastern Libya is expected to soar dramatically, with 10,000 people reported missing, the...
- World Health Organization spokeswoman Margaret Harris meanwhile described the situation in Libya as "a calamity of epic proportions".
- In eastern Libya, the storm hit the coastal town of Jabal al-Akhdar especially hard, as well as Benghazi, where a curfew was declared.
Geostrategy
Building less, repurposing more key to low construction sector emissions
The industry is responsible for 37 percent of global carbon dioxide emissions and growing urbanization is spurring the construction of...
- Mushrooming urban environments -- which add new buildings in an area equivalent in size to Paris every five days -- damage life-sustaining ecosystems.
- Building less and repurposing existing structures generates 50-75 percent fewer emissions than new constructions, a report said.