net zero

COP29: 35 countries endorse ‘reducing methane from organic waste declaration’

Among the key signatories are Azerbaijan, Korea, Japan, the UAE, Morocco, Türkiye and Jordan

Autocraft’s E20+ air taxi: A new era for urban mobility in the UAE

The “E” signifies Electric, highlighting the zero-emission propulsion that shapes the future of sustainable air travel

Crown Prince of Abu Dhabi reviews Mubadala’s progress, stresses UAE investment importance in Brazil

Mubadala’s investments in Brazil have greatly contributed to the country’s socioeconomic development over the past 12 years

Abu Dhabi’s TAQA, JERA and Al Bawani to develop two new highly efficient power plants in Saudi Arabia

These agreements will enable two new CCGT projects in Saudi Arabia with over 3.6 gigawatts capacity 

UAE, Brazil strengthening bilateral relations and collaboration in G20 for global development

The UAE is Brazil's largest Middle Eastern partner, with trade at AED13.28 billion in the first eight months

COP29: UAE pavilion highlights role of climate finance in reaching net zero

Discussions focused on bringing marginalized groups 'into the problem-solving process'

COP29: Investor groups with over $10 trillion in assets commit to accelerating climate financing

Sweden announced a contribution of $730 million to the UN Green Climate Fund (GCF), bringing overall contribution to $749 million

How are UAE, Saudi Arabia leading way in sustainable tourism?

Despite the clear benefits of sustainable tourism, several challenges and barriers hinder its implementation 

COP29: Masdar, Albania Power Corporation to explore gigawatt-scale renewable projects in Albania

The partnership leverages KESH's leading position and Masdar's expertise to accelerate Albania's clean energy transition

UAE fostering global cooperation to ‘Accelerate Action Together’ at COP29

In his keynote address, Al Jaber urged all 198 Parties to “let actions speak louder than words” and to “let positivity prevail”

UAE President attends COP29, urges accelerated climate action

As COP29 President, Babayev emphasized the conference's commitment to inclusivity, transparency, and collaboration among Parties

OPEC and IEA diverge widely on oil demand projections through 2050

OPEC has lowered its 2024 oil demand growth forecast to below 2 million bpd, while the IEA projects even lower demand growth at under 1 million bpd

Dubai Municipality completes 7 intersection planting projects on Sheikh Zayed, Al Khail roads for $66.7 million

These initiatives further cover an impressive area of over 1.4 million square meters

COP29 begins in Baku with active, effective participation from UAE

COP29's mission is to restrict global warming to 1.5°C, highlighting the critical necessity for investment in climate initiatives

Official dates revealed for ADIPEC 2025 

40+ ministers and 200+ executives from around the world gathered in Abu Dhabi for ADIPEC 2024

ADIPEC 2024: UAE plans to invest over $54 billion to meet sustainable energy demand over next six years, says Suhail Al Mazrouei

This initiative is part of the country's commitment to decarbonising the economy and achieving net-zero emissions by 2050 

ADIPEC 2024: Microsoft supports energy transition towards more sustainable future 

The booth features a Surface Zone and demo arena for attendees to explore Microsoft’s solutions for operational and environmental goals 

FII8: Aramco, Riyadh Air ink agreement to collaborate in low-carbon fuel supply, sustainability

Partnership aligns with Riyadh Air's ambition to become a leading global airline committed to sustainability and low-carbon fuels

Global climate investment gap projected at $2.7 trillion annually by 2030, warns Moody’s

The report noted that investment has risen since the Paris Agreement, but reaching net zero by 2050 needs much more effort 

FII8: Saudi Arabia strengthens framework for high-integrity carbon markets to achieve national emission reduction targets

Strategic collaboration between the Regional Voluntary Carbon Market Company, Clean Development Mechanism Designed Authority

COP29 critical for shaping future climate contributions: IRENA director-general

La Camera stressed the urgent need for $31.5 trillion in investments in renewable energy, grids, resilience measures, and energy efficiency by 2030

UAE signs two agreements with IMF to support PRGT, RST funds

At the October 2023 IMFC meeting in Marrakech, the UAE announced a $200 million co-financing initiative for the PRGT

Dubai’s net-zero efforts cut emissions by 29 percent in 2023

Achievement highlights the effectiveness of current measures under Dubai’s strategy to reduce carbon emissions by 30 percent by 2030

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