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Sustainability
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
Sustainability
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
Sustainability
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
Sustainability
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
Sustainability
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
Sustainability
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
Sustainability
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
Sustainability
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
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
Sustainability
UN body adopts human rights protections for carbon market mechanism
The move seeks to empower vulnerable communities and individuals
Egypt
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
MENA
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
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
Sustainability
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
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
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
Sustainability
WEF Special Meeting: UAE has doubled renewables capacity, says minister Al Mazrouei
UAE has allocated AED200 billion to clean energy projects locally until 2030
Sustainability
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
Sustainability
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
Sustainability
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
MENA
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
Sustainability
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
Sustainability
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
Sustainability
Dominican Republic seeks renewable energy cooperation with UAE to combat climate change
Caribbean officials highlighted UAE renewable energy investment opportunities and mutual benefits
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