Sustainability

Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report

Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022

One million mangrove seeds planted using drone technology in Abu Dhabi

EAD and its partners completed 14 programs with a progress implementation rate of 49 percent

Dubai Green Spine: Plan unveiled to transform key highway E311 with trams, cycling paths

The project also aims to enhance community and biodiversity through extensive green spaces with diverse habitats

Masdar JV Emerge, SNOC break ground on largest solar plant in Sharjah

Solar power plant will generate enough clean energy to offset 66,000 tons of carbon dioxide emissions annually

World’s largest EV producer BYD to build $1 billion factory in Türkiye

BYD's Türkiye factory is expected to begin production by the end of 2026 and create 5,000 direct jobs

2024 will likely be the world’s hottest year as June temperatures hit record-high

Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average

UAE’s ADNOC, JBIC sign $3 billion green financing agreement

The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks

ADNOC cuts 6.2 million tons of greenhouse gas emissions in 2023: Report

ADNOC aims to achieve a 5 percent energy efficiency improvement by 2025

83 percent of Sharjah Taxi fleet is now hybrid, eco-friendly

Initiative falls under Sharjah Taxi's ambitious plan to achieve a 100 percent eco-friendly fleet by 2027

Dubai to host 10th World Green Economy Summit on October 2-3

Summit will be held under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress'

Emissions spike 50 percent at Google as AI energy demands undermine sustainability targets

Data showed that Google's emissions increased 13 percent year over year in 2023

Tadweer Group launches four new subsidiaries to enhance waste recycling, conversion in Abu Dhabi

Tadweer Environmental Services and Solutions will focus on public waste collection activities

UAE’s ADIB releases comprehensive ESG report, highlights $1.51 billion in sustainable finance and net zero commitments

The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors

Abu Dhabi’s EAD, TotalEnergies partner to conserve and restore coastal ecosystems in the emirate

As part of this collaboration, EAD and TotalEnergies will research, monitor, and evaluate Abu Dhabi's coastal ecosystems

UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts

Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects

UAE among top 10 countries with highest installed solar energy per capita: Report

With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list

Saudi Arabia’s 1,200-station renewable energy mapping project aims to accelerate clean power goals

The stations seek to measure solar and wind energy across all regions of the Kingdom

Emirates’ green aviation initiative slashes fuel burn by 48,000 tons, cuts carbon emissions by 151,000 tons

The airline has equipped its pilots with the latest tools and applications to monitor and optimize their flight performance

DEWA commissions $78.36 million water reservoir in Enkhali to raise Dubai’s water storage capacity

Upon completion of the project, the reservoirs will have a storage capacity of 1121.3 MIG of desalinated water

Abu Dhabi’s Masdar signs $3.43 billion deal to acquire Greece’s Terna Energy

Offer values Terna Energy's total equity at 2.4 billion euros with an enterprise value of 3.2 billion euros

Abu Dhabi’s KEZAD, Astha Biotech sign lease agreement for $12 million microalgae plant in the emirate

The deal will enable the launch of the UAE's first microalgae company for health, cosmetics, food, and aquaculture

UAE’s ADDED partners with Broaden Energy to establish $272.2 million hydrogen manufacturing hub in Abu Dhabi

The new investment will create new job opportunities and stimulate economic development through innovative industrial solutions

Abu Dhabi’s environment agency joins UAE Alliance for Climate Action Advisory Committee

As an Advisory Committee member, EAD will provide high-level strategic and technical guidance based on its sectoral expertise