Sustainability

Saudi flynas partners with VCM on carbon offsetting, environmental protection, and sustainability

The deal supports the Kingdom's climate ambitions to achieve net zero emissions

Saudi Aramco CEO advocates for revised energy transition plan addressing Asia’s needs

He noted that Asia and the Global South are often overlooked in transition plans, impacting the world 

Dubai joins SDG Cities Global Initiative to help advance global sustainability efforts

To achieve the SDG Cities Global Initiative goals, Dubai is implementing a set of plans and strategies including the Dubai Urban Plan 2040

UAE’s PMO formalizes agreements to enhance strategic intelligence for We the UAE 2031

New platform to leverage AI and insights from 2,500 experts and 450 data sources to create government strategies

DEWA grants Tesla, UAEV charge point operator licenses for EVs in Dubai

In 2014, DEWA pioneered the region's first public EV charging infrastructure

Masdar, Iberdrola complete wind turbine installation at Germany’s Baltic Eagle offshore wind farm

By 2026, Iberdrola's Baltic Hub will have a total capacity of more than 1.1 GW and trigger investments of around €3.7 billion

Abu Dhabi’s Masdar, Presight forge partnership to create AI-driven asset management tool

Masdar aims to digitize its global operations, transitioning from a reactive to a predictive model

Abu Dhabi’s Borouge delivers 700,000 tons in first year under Etihad Rail agreement

Since September 2023, over 36,000 Borouge containers have moved from Al Ruwais to Khalifa Port

First regional centre of excellence for food security coming to UAE

This development is crucial for fostering innovation and strategic reform in food systems throughout the region

UAE driving global leadership in green finance, ESG Sukuk

The country has pledged to mobilize AED1 trillion by 2030 to fund sustainable projects

BioSoul signs agreement with ADIO to establish global headquarters in Abu Dhabi

Agreement sets a path for Abu Dhabi to continue its global leadership in innovative marine solutions and technologies

Saudi Arabia, Oman sign MoU to advance economic resilience and green initiatives

This MoU is designed to facilitate cooperation through the sharing of information, expertise, and research

UAE gears up for COP29, bolsters cooperation in water management with Singapore, Barbados

UAE highlights Mohammed bin Zayed Water Initiative, which aims to raise awareness of the severity of the global water scarcity crisis

COP28 President urges global unity and action at COP29 to advance climate goals, build on UAE Consensus

The UAE Consensus serves as a crucial roadmap for fulfilling the aspirations of the Paris Agreement 

More than a marketplace: Rebound’s recycling platform is revolutionizing waste management

Boasting zero-percent commission, real-time certification, and environmental impact assessments

UAE’s ‘Plant the Emirates’ program to advance agriculture development, food security

Program seeks to advance agricultural technologies, build new partnerships with the private sector and expand green spaces

Hayat crowned winning solution of Mastercard Challenge on Financial Inclusion for the SDGs

Challenge highlighted the innovative potential of Bahrain’s youth, showcasing their ability to tackle complex global challenges

Abu Dhabi’s Masdar expands clean energy to 31.5 GW, generating 26,700 GWh and avoiding 14 million tons of CO2e

This is up from 10 million tons last year, equivalent to removing nearly 870,000 vehicles 

$1.1 billion available for investment, funding requests from member countries: World Green Economy Organization

Funds are sourced from private sector investors and organizations eager to invest in green economy projects

TAQA successfully prices $1.75 billion dual-tranche bonds

Part of the offering is a $850 million 12-year green bond, TAQA’s second under its green finance framework

Dubai Airports to launch mega rooftop solar project drive, set for completion by 2026

Project involves the installation of 62,904 solar panels across DXB and DWC airports to generate 60,346MWh annually

Parkin, Skyports partner to advance Dubai’s air taxi infrastructure

Partnership to support the expansion of air taxi services across Dubai

WEF introduces innovative digital platform to boost clean energy investments in emerging markets

The platform outlines 100 policy measures, financial mechanisms, and de-risking strategies from the past two decades

ADIPEC 2024: Global energy industry to explore role of AI, finance in energy transition

Three new conferences to feature new voices from finance, technology, youth and the Global South