ITFC looks to ramp up green financing to 30% of its portfolio
Dubai, UAE-- The International Islamic Trade Finance Corporation (ITFC) is looking to ramp up its sustainable and green financing to...
COP28 UAE
Progress but divisions persist as climate summit fights over fossil fuels
Colombia, whose left-leaning government has aggressively promoted environmentalism, warned that COP28 was also failing on raising financing for countries to...
COP28 UAE
ITFC looks to ramp up green financing to 30% of its portfolio
Dubai, UAE-- The International Islamic Trade Finance Corporation (ITFC) is looking to ramp up its sustainable and green financing to...
COP28 UAE
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Water flows from Turkey improve after pact: Iraq minister
Baghdad, Iraq - The water flows from Turkey to Iraq have improved at a rate of 500 m3 per second...
UAE takes lead in advancing global climate action
Through the COP28 Summit, the UAE aims to facilitate discussions, build consensus, and catalyze transformative actions to address the escalating...
Economy
Saudi Arabia, France vow to promote secure, affordable and sustainable energy
RIYADH, SAUDI ARABIA – Prince Abdulaziz bin Salman and Agnes Pannier-Runacher, Minister for Energy Transition of the French Republic met...
Geostrategy
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Geostrategy
US to invest $1.2 bn on facilities to pull carbon from air
The two projects -- in Texas and Louisiana -- each aim to eliminate one million tons of carbon dioxide per...
- Direct Air Capture (DAC) techniques focus on that CO2 emitted into the air, which is helping to fuel climate change and extreme weather.
- Each of the projects will remove 250 times more CO2 from the air than the largest carbon capture site currently in operation, the Energy Department said.
Economy
Iraq’s extreme temperatures a ‘wake-up call’ for world: UN
It has been experiencing its fourth consecutive summer of drought, and temperatures in the country have been around 50 degrees...
- In Iraq's far south, high salinity has harmed fishing in the Shatt al-Arab waterway, where the Tigris and Euphrates converge
- Iraqi Prime Minister Mohamed Shia al-Sudani has vowed that battling climate change would be one of his priorities
Economy
Fish farms reel from climate change in water-stressed Iraq
Drastic government measures have restricted water use for some purposes, including crop irrigation, and authorities have cracked down on illegal...
- About half of Iraq's estimated 5,000 "unlicensed" fish farms have been closed, Shamal said, pointing out that authorities still allow mobile fish tanks
- In Iraq's far south, high salinity has harmed fishing in the Shatt al-Arab waterway, where the Tigris and Euphrates converge before spilling into the Gulf