climate change

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

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

Oil prices rebound as market reacts to U.S. inventory surge, Middle East tensions ease

Brent crude futures for December delivery climbed 0.6 percent to $77.63 per barrel

Oil prices retreat amidst ongoing concerns over Middle East conflict, hurricane impact

Brent crude futures for December delivery dropped 0.6 percent to $80.42 a barrel

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

Growth of low-emissions hydrogen projects outpaces policy support: Report

Urgent policies are needed to boost demand in heavy industry, refining, and long-distance transportation 

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

DAMAC Properties strengthens commitment to sustainability at DEWA’s WETEX 2024 with innovative solutions

DAMAC launched its first Sustainability Report which highlights the organisation’s key ESG goals and vision

UAE commits $30 million to boost Ghana’s biodiversity and climate initiatives

The framework outlines six key investment areas, including biodiversity corridors, reforestation

Governments allocate nearly $2 trillion in direct clean energy investment since 2020: IEA

This amount is nearly three times the funding committed after the financial crisis of 2007-08

UAE reaffirms commitment to advancing green infrastructure, private capital mobilization

Urgency of climate action demands that countries prioritize climate-resilient infrastructure while unlocking the potential of private capital

COP28 President calls for ambitious NDCs to keep 1.5°C goal within reach, drive socioeconomic growth

Dr. Al Jaber said the UAE Consensus provides a vital roadmap for action at the ‘Roadmap to Mission 1.5: NDC 3.0’ event

81 percent of new renewables cheaper than fossil fuels, saving $409 billion since 2000: IRENA

Solar PV costs plummet to 4 cents per kWh, 56 percent lower than fossil fuels

Abu Dhabi’s Masdar announces $1.4 billion acquisition of Saeta from Brookfield

The acquisition encompasses a portfolio of 745 megawatts (MW) of primarily wind energy assets 

UAE, IRENA forge partnership to boost climate ambitions in 20 developing nations

The partnership aims to leverage the UAE’s climate leadership and IRENA’s role in NDC development and sustainable energy transition 

Abu Dhabi’s Masdar secures $159 million for 154 MW Čibuk 2 wind farm, powering 62,000 households

Non-recourse financing has been secured from lenders UniCredit and Erste Bank Serbia

Sharjah operates first phase of electric bus rides

The move aligns with SRTA’s commitment to sustainability and supports the UAE’s goal of achieving Net Zero by 2050 

AD Ports Group’s 2023 highlights: 5,000 tons of CO2 saved, 124 CSR projects launched

The Group achieved 7 percent drop in electricity consumption, 174 percent increase in recycled waste

Abu Dhabi launches green bus service: Clean hydrogen and electric vehicles now on Route 65 in Al Reem Island 

The Green Bus service launch highlights Abu Dhabi's commitment to sustainable public transport 

$2.16 billion invested in seven new UAE renewable energy projects from H2 2023 to H1 2024

13 solar projects will add by end of 2024 10.6 GW to UAE’s grid

UAE President Sheikh Mohamed to visit U.S. on Monday, further enhance bilateral ties

Sheikh Mohamed will meet with a number of U.S. officials to discuss ways to develop UAE-U.S. relations at all levels

UAE’s MoEI, EtihadWE launch initiative to boost renewable energy adoption in Northern Emirates

Northern Emirates residents can now harness energy with rooftop solar panels

UAE’s Ministry of Energy and Infrastructure partners with Siemens Energy to promote green energy

This partnership will focus on addressing upcoming challenges related to grid infrastructure

Middle East set to achieve $75.6 billion in renewable energy investments: Report

These investments encompass 116 renewable energy are expected to become operational between 2025 and 2030