Planet ‘on the brink’, with new heat records likely in 2024: UN
The annual State of the Climate report by the UN weather and climate agency confirmed preliminary data showing 2023 was by far the hottest year ever recorded. And last year capped off "the warmest 10-year period on record", the World Meteorological Organization said, with even hotter temperatures expected.
US announces $2.9 billion for resolving global food insecurity
The White House said food supplies are being dangerously disrupted by "the compounding impacts of the pandemic, the deepening climate crisis, rising energy and fertilizer costs, and protracted conflicts -- including Russia's invasion of Ukraine."ISO Annual Meeting 2022 to begin Monday in UAE, trade on agenda
The International Organization for Standardization (ISO) Annual Meeting 2022 starts Monday at the ADNOC Business Center in UAE's Abu Dhabi.World Green Economy Summit 2022 theme revealed
Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGEO) announced that the theme of the 8th World Green Economy Summit (WGES) is "Climate Action Leadership through Collaboration: The Roadmap to Net-zero."UAE calls for global solidarity at environment ministers meet
UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Joint Environment and Climate Ministers’ Meeting as part of the G20 Summit in Indonesia.Goal: A just energy transition that’s equitable to all
It must be based on scientific, economic, and engineering facts, appreciate the multiple dilemmas and challenging trade-offs, and accelerate the deployment of practical solutions. For that, we need an inclusive approach that leverages the experience of all sectors of society, he added in a writeup for Project Syndicate.Droughts exact heavy cost on Morocco
Water shortage has dealt a crippling blow to farming in the North African country as successive droughts exact a heavy economic cost.There’s light at the end of the tunnel for tech stocks
However, there are numerous economic sectors where tech penetration remains in its infancy, such as in logistics, e-commerce and supply chains, which retain enormous growth potential irrespective of recession risks, and in many cases can be accelerated by cost concerns, Deschamps adds.Time to deliver decarbonization targets set last year
In the Middle East, the UAE and Saudi Arabia have been leading the decarbonization conversation with pivotal government initiatives that encourage businesses to reduce their carbon footprint. Now, 2022 and beyond will be about delivering on and monetizing those ambitions despite all the challenges, he adds.Climate change fight a priority for COP 28 host
From making solar energy available at 1.35 cents per kilowatt hour to building three of the world's largest solar parks, the Emirates has taken a lead in the fight against climate change.Germany declares emergency steps to meet energy demand
Berlin has managed to reduce the share of its natural gas supplied by Russia from 55 percent before the invasion to 35 percent -- thanks to increased deliveries from countries like Norway and the Netherlands.Egypt, European Union review cooperation on climate and energy challenges
Egypt and the European Union have reviewed and discussed enhanced cooperation on climate, energy and industrial transformation challenges ahead of COP27 in Egypt later this year. On Wednesday, on the occasion of the visit of European Commission President Ursula von der Leyen and her meeting with Egyptian President Abdel Fattah El...Flood of net zero vows suffer ‘credibility gap’: report
While countries, cities and companies have massively ramped up net-zero emissions promises in recent months there remain "major flaws" in many plans, according to an analysis published Monday that raises fears of potential large-scale greenwashing by businesses. Faced with mounting urgency and public pressure as deadly and costly climate impacts...Saudi Arabia names Adel al-Jubeir as first climate envoy
Saudi Arabia announced Sunday it had named a senior diplomat as its first climate envoy, as officials vow to ramp up oil production while pursuing ambitious goals for emission cuts. The appointment of Adel al-Jubeir to the envoy role was announced as part of a series of royal orders decreed...Renewables, wind power, EVs to check climate change
Mitigate the carbon footprint of every other alternative energy that we’re going to develop, says Occidental Petroleum chief Vicki Hollub at the World Economic Forum in Davos.EU looks to build a strategic partnership with GCC
GCC Secretary-General, Dr. Nayef Falah Mubarak Al-Hajraf, had welcomed the European High Representative for Foreign Affairs and Security Josep Borrell’s announcement of the adoption of joint working paper of the European Parliament and the European CommissionCOP28: An opportunity to create a new narrative
The COP28, to be hosted in Dubai in 2023, is at a convenient time frame away from the recently concluded COP26, which witnessed several nations — the UAE, India, and the KSA, among others — make net-zero pledges. Therefore, the 2023 summit will offer talking points based on visible progress...UN agency to spearhead early warning plan covering every person on earth
“Early warnings and action save lives,” UN Secretary-General António Guterres said in a video message during a ceremony marking the day, adding that the World Meteorological Organization (WMO) would “spearhead new action to ensure every person on Earth is protected by early warning systems within five years.” The agency will...In fair phase-out of oil, gas-rich nations should stop first: Report
For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP would remain above $50,000 without oil and gas revenue must end production by 2034. Included in this tranche are the US, Norway, Britain, Canada, Australia, and the United Arab Emirates.Amid NFT boom, artists worry about climate costs
Most NFTs are currently traded on Ethereum, which reportedly uses as much electricity as all of the Netherlands, with a carbon footprint comparable to Singapore's.On land and sea, climate change causing ‘irreversible’ losses: UN
Climate change has already caused "irreversible losses" for Nature, UN experts have said, warning that if emissions are not cut quickly, warming could trigger chain reactions with potentially catastrophic effects for all species, including humans. All forms of life on Earth are linked together by a vast web of causes...UN chief flays world powers for ‘criminal’ lack of climate leadership
UN chief Antonio Guterres blasted world powers for a "criminal" abdication of leadership after the release Monday of an extensive new report on climate change impacts, accusing major polluters of fueling devastating warming that threatens people and planet.World Bank to support Iraq higher education with $5m
The World Bank (WB) announced that it would support the higher education sector in Iraq with an amount of $5 million.UAE sees climate action as catalyst of economic prosperity
UAE’s Minister of Industry and Advanced Technology, and UAE Special Envoy for Climate, Sultan Ahmed Al Jaber has said that the UAE views climate action as a key enabler of stability and economic prosperity.Bangladesh aiming at direct shipping line to UAE for faster connectivity
Bangladesh wants to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two thirds and pave the way for exponential growth in bilateral trade, Bangladesh AK Abdul Momen foreign minister has said. Momen is on a four-day official visit to the UAE. He...Covid and its effects continue to pose threat to world: WEF risks report
The Global Risks Report 2022 released by the World Economic Forum said vaccine inequality and a resultant uneven economic recovery risk compounding social fractures and geopolitical tensions. The global economy was expected to be 2.3 percent smaller by 2024 than it would have been without the pandemic.Masdar and Manchester City to launch climate awareness campaign
Renewable energy company Masdar will become an official partner of Manchester City under an agreement that will see them collaborate in several activities, such as launching a global campaign on the importance of climate action and mitigating climate change. The campaign will coincide with the Masdar-hosted Abu Dhabi Sustainability Week...Iraq economy outlook bleak after droughts and war, says study
The United Nations says about one-third of Iraq's population lives in poverty, despite the country's oil wealth. The effects of low rainfall have been exacerbated as the levels of the country's two main rivers, the Tigris and Euphrates, drop because of upstream dams in neighboring Iran and Turkey.African migrants fuel recycling in Turkey capital Istanbul
Afghans have joined Kurds, the Laz, Roma and other ethnic minorities and undocumented migrants in doing work others snub. For less than $10 a day, they roam the streets of Istanbul collecting trash — a profession that is illegal in the country, and has led to its practitioners being arrested...Saudi prince ends GCC tour with Kuwait
Saudi Arabia and Kuwait pledged to enhance bilateral cooperation and coordination in security, military, and economy.12 universities attend 2nd Solar Decathlon Middle East inaugurated by DEWA
Dubai Electricity and Water Authority (DEWA) has inaugurated the 2nd Solar Decathlon Middle East (SDME) in which eight teams from 12 universities across the world are participating to design, build and operate smart and sustainable solar-powered homes that are suited to the region’s climate. DEWA has organized the competition as...Amazon had the highest deforestation record in October 2021
While Brazil takes international pledge at COP26 to end deforestation by 2030, the destruction of the Amazon rainforest keeps rising in the country.Covid-19, conflict and costs pushing Syria beyond limits: WFP
World Food Program Executive Director David Beasley has warned that more people in Syria are in the grips of hunger than at any time in the country’s decade-long conflict. He blamed a deadly combination fighting, climate change, Covid-19, and rising food and fuel costs for the problems.ADNEC pledges zero carbon emissions
The company will support the UAE 2050 Strategic InitiativeDP World launches e-commerce site Dubuy in Kenya
Dubuy.com aims to provide Kenya a secure and reliable way for its businesses to grow.UAE and IRENA launch $1 billion clean energy finance platform
The UAE and the International Renewable Energy Agency (IRENA) on Wednesday announced the Energy Transition Accelerator Financing (ETAF), a new global climate finance facility to accelerate the transition to renewable energy in developing countries. The UAE committed $400 million in funding provided by the Abu Dhabi Fund for Development (ADFD)...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 net-zero carbon emissions by 2060. The kingdom also said it would join a global effort to cut methane emissions by 30 percent by 2030.400% rise in Saudi agri investment in four years
The kingdom’s goal is to support small farmers, develop rural agriculture and assist the local development of the food product manufacturing sector, says expert.Climate change a double blow for oil-rich Mideast: experts
The climate crisis threatens a double blow for the Middle East, experts say, by destroying its oil income as the world shifts to renewables and by raising temperatures to unlivable extremes.FAB joins Net-Zero Banking Alliance
FAB is the first bank in the UAE and GCC to join the NZBA.Severe droughts dry up dreams of Turkish farmers
Agriculture accounts for around six percent of Turkey's GDP and employs 18 percent of the country's workforce.UN fund urges rich nations to pay $100bn a year in climate finance to poor countries
Rich countries must deliver on a promise to channel $100 billion a year in climate finance to developing nations, otherwise they may jeopardize November’s critical negotiations to limit global warming, said the head of the UN-backed Green Climate Fund.Weather, climate disasters rise five-fold in 50 years
A report from the UN's WMO examined mortality and economic losses from weather, climate and water extremes between 1970 and 2019Ocean surface climates may disappear by 2100: study
The world's seas have absorbed around a third of all carbon pollution produced since the Industrial RevolutionGreen drive: Middle East bets big on renewables
To forestall the crippling effects of climate change, Saudi Arabia and the UAE have put on track projects worth billions of dollars to significantly lower emissions.Qatar pulls up 106 firms for violating summer work hours
The action has been taken under a new law that prohibits laborers from working outside between 10 am and 3:30 pm every day from June 1 and to September 15 every year.