Sustainability

Global carbon pricing revenues reach record $104 billion in 2023: Report

The report found that there are now 75 carbon pricing instruments in operation worldwide

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Abu Dhabi bans single-use styrofoam products starting June 1, 2024

Ban falls under the EAD's 'single-use plastic policy' which the authority launched in 2020

Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment

PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy

UAE’s MoEI, Etihad WE partner to promote fast and accessible EV charging

The partnership seamlessly aligns with the UAE's Net Zero 2050 Strategy

Abu Dhabi’s Tadweer Group, DUBAL Holding acquire e-waste specialist Enviroserve

Acquisition seeks to enhance Tadweer Group's sustainable waste management operations, e-waste recycling capabilities

Global market for energy transition minerals forecast to reach $770 billion by 2040: Report

The market value of key energy transition minerals is around $325 billion

Dubai’s DET boosts green future efforts with inaugural sustainability report

Report showcases city's efforts to align with global sustainability objectives and D33

Saudi Arabia allocates $2.5 billion to Middle East Green Initiative

Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs

UN body adopts human rights protections for carbon market mechanism

The move seeks to empower vulnerable communities and individuals

Egypt sets sail for renewable future with $9 billion FDI for 8 GW wind projects

The government signed two land receipt notes for carrying out the projects west of Sohag

Abu Dhabi’s Masdar, Bapco Energies partner for wind projects in Bahrain

The joint venture aims to develop wind projects in Bahrain with a capacity of up to 2 gigawatts

Oman’s Hydrom secures $11 billion worth of contracts for green hydrogen projects

The country’s hydrogen production capacity reaches 1.38 million tons/year with new deals

COP28 President urges parties to ‘build on progress’, help those most vulnerable to climate change

At COP28, countries pledged a total of $792 million for loss and damage funding arrangements

Saudi Arabia, Mauritania to cooperate in electricity, renewable energy, and clean hydrogen

The deal aims to enhance electricity system reliability through knowledge exchange and partnership

Saudi Arabia’s ACWA Power seeks to invest $10 billion in Malaysia’s renewable energy sector

Collaboration to power up green data centers in Malaysia's industrial parks

WEF Special Meeting: UAE has doubled renewables capacity, says minister Al Mazrouei

UAE has allocated AED200 billion to clean energy projects locally until 2030

Governments should ‘think bigger, act bolder’ on national climate plans: COP28 President Dr. Sultan Al Jaber

$6 trillion in investments needed to meet the 2030 target of 11 terawatts of renewable energy capacity

UAE to add 6.34 GW power capacity from 12 green projects by 2030: Energy Industries Council

These projects showcase UAE's commitment to energy sustainability, reducing fossil fuel reliance

Sheikh Hamdan launches pilot modules for landmark Dubai Reef sustainability project

Sheikh Hamdan hails Dubai Reef initiative as a testament to Sheikh Mohammed Bin Rashid Al Maktoum's visionary leadership

GCC oil firms need $15-25 billion in low-carbon investments by 2026: S&P report

In light of COP28, several national oil companies in the region updated their sustainability strategies

Affordable Tesla EVs coming in 2025

The upcoming vehicles will blend features from a next-gen platform with Tesla's existing Model 3 and Model Y platform

IEA forecasts strong growth in electric car sales to 17 million in 2024

The IEA expects China to account for 10 million electric vehicle sales this year

Dominican Republic seeks renewable energy cooperation with UAE to combat climate change

Caribbean officials highlighted UAE renewable energy investment opportunities and mutual benefits