The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich nations and top emitters, including China and the Gulf states, something firmly rejected by Beijing.
Climate threats haunt GCC’s economy and finance
The GCC faces a critical challenge as climate risks like extreme heat and water stress rise, potentially impacting the region's economic stability and financial health.‘Mainstream sustainability for a net-zero future’
“As the UAE gears up to host COP28, it's crucial to involve all partners in hastening climate action, both locally and globally. Our objective is to mainstream sustainability. We're convinced that if we can make intricate climate change issues relatable worldwide, we can undoubtedly fulfill the Paris Agreement's objectives,” she...Gulf’s green transition: How Turkiye can lead the way
As these countries -- including Saudi Arabia, UAE and Qatar -- progress to the next phase of their economic diversification, focusing on renewable energy technologies and cutting-edge manufacturing, Turkiye can emerge as a dependable partner, offering opportunities for technology transfer and joint development, he adds.Clean cooking to save millions, boost gender equality
He was referring to a new IEA report which suggests that universal clean cooking access could be reached worldwide by 2030 with annual investment of US$8 billion. "This is just a tiny fraction of what the worlds spends on energy each year. Tackling this injustice is affordable and achievable," he...AI key to global opportunities, practical solutions
"Projections indicate that AI solutions are set to contribute an estimated $13 trillion to the global GDP by 2030, optimizing the industries of tomorrow and significantly improving the lives of billions of people," adds Dr. Al Jaber, who is also President-Designate of COP28 and the Chairman of MBZUAI.
MENA eyes key role in making world carbon neutral
UAE and KSA are spearheading decarbonization efforts in Middle East by encouraging enterprises to minimize carbon footprint. Here are a few things others may learn for them.
ExxonMobil to go net-zero by 2050
The net-zero target is only for its operations, not products.
Global warming kills 14% of world’s corals in a decade
Hardest hit were corals in South Asia and the Pacific, around the Arabian Peninsula, and off the coast of Australia.
GCC seeks to tap green hydrogen demand
The GCC countries see hydrogen as a key factor in fuel transition and have drawn up plans to export green hydrogen, green ammonia, and power fuels in the future.
