PwC Middle East

Middle East companies call for new green deal ahead of COP28, says PwC

The auditing firm said businesses in the region are increasingly transparent about their environmental impact, with 70 per cent reporting on their ESG impact

Masdar - Airbus Agreement

Masdar, Airbus ink deal to boost global sustainable aviation fuel sector

The agreement marks a collaboration between the two companies focusing on sustainable aviation fuels, green hydrogen and direct air capture technologies

UAE issues decree to regulate use of HFCs-e1622023668811

UAE issues decree regulating use of hydrofluorocarbons

The decree is a significant step in the UAE’s endeavour to uphold its obligations towards climate change mitigation and curbing harmful emissions

crypto currency

Why climate asset tokenisation may be the way forward

Asset tokenisation can have a dramatic effect on the carbon market because it ensures transparency, both in terms of credit provenance and price, among other benefits

Snack

Introducing the snack bag of the future

Snack companies are looking at alternative packaging materials due to consumer demand and potential regulations

Emirates Development Bank joins IRENA's AFID

Emirates Development Bank joins IRENA’s Alliance for Industry Decarbonization

Emirates Development Bank will showcase its flexible financial solutions to support companies operating within the renewables sector

ESG

Technology underpins the success of the GCC’s ESG ambitions

ESG is now a concern for investors, shareholders and other stakeholders, as well as customers and regulators

Measuring Climate risk insights from bloomberg LP

Opinion: Measuring climate risk and its importance

To determine a company’s exposure to climate-related risks investors need non-financial data, unlike for traditional types of financial risk

ESG and Middle Banks Arthur D Little Op-ed

Implementing ESG strategy: How Middle East banks are faring

As the region’s banks double down on their ESG efforts, the implementation of a comprehensive strategy with data governance at its core has never been more important

air pollution

Less than 1% of Earth has safe levels of air pollution, study finds

While scientists and public health officials have long been at alert to the dangers — air pollution kills 6.7 million people a year

UAE's Green Education Partnership Roadmap in preparation for COP28 Photo courtesy WAM

COP28: UAE launches Green Education Partnership Roadmap

The roadmap identifies environment-and-climate-friendly initiatives that the MoE aims to achieve by the start of and post COP28

Sustainable Energy

Here are some ways to reduce carbon emissions with sustainable energy

Adopting energy-efficient strategies that reduce the demand and greening the current energy supply is key, says Pierre Cheyron

Mashreq & WorldGBC

Mashreq bolsters sustainability goals by joining World GBC

The collaboration with WorldGBC offers the bank a platform to strengthen its net zero commitments

TAQA Group CEO and managing director, Jasim Husain Thabet

UAE utility firm TAQA sets up green finance framework

The Abu Dhabi-listed firm said proceeds from the issuances will be used to finance eligible green projects including renewable energy

UAE climate Tech announced dr-sultan-ahmed-al-jaber-COP28-president-designate

UAE Climate Tech: MoIAT to host ‘first-of-its-kind’ forum with ADNOC, Masdar

Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050

Robert Yordi of Seaworld

Yas SeaWorld Research & Rescue’s Rob Yordi shares the centre’s role in the region

The general curator of SeaWorld Abu Dhabi and Yas SeaWorld Research & Rescue tells us how the centre will enable marine conservation and build a strong regional rescue network

Sustainability: Not just a responsibility, but also an opportunity

To address climate change and its implications for societies a concerted effort is urgently needed – both from the public and private sectors

Sustainability roundtable Century Finacial

UAE financial sector reaffirms commitment to sustainability

The round table discussion hosted by Century Financial showcased new sustainability initiatives and partnerships aimed at promoting investments

ESG is a must for businesses says Manuel Rodrigues of Schneider

Here’s why ESG adoption is a must for businesses

Investing in ESG initiatives not only aligns with responsible business practices but also sets companies apart from their competition

Investible Signing Event 27.02.23

Here’s how Hub71, Investible will support climate tech and other early-stage companies

The tech ecosystem’s startups will also gain access to Club Investible, a global network of more than 130 high-net-worth investors who provide capital and expertise

SME story: Interview with Joost van Oorschot, founder and CEO of Maana Electric

SME story: Interview with Joost van Oorschot, founder and CEO of Maana Electric

Maana is a combination of the words ‘Maan’ which means Moon in Dutch and ‘Mana’, which means power in Polynesian languages

UAE Governments Net Zero 2050 Charter Dubai Media Office

New UAE Governments Net Zero 2050 Charter a nod to collective climate action

The charter was signed on the sidelines of the UAE Cabinet meeting held on March 6

UAE, Oman sign agreement to boost environmental preservation efforts

UAE, Oman sign agreement to boost environmental preservation efforts

Both sides will conduct joint research in the fields of environmental preservation

Dubai tourism dept relaunched carbon calculator Image courtesy Dubai-Media-Office

Dubai relaunches Carbon Calculator for hospitality sector

Nineteen ‘Sustainability Requirements’ have been put in place to establish a baseline across hotels in Dubai and unify hotels’ environmental practices

FAB facilitated over $9bn in sustainable projects

UAE’s FAB facilitated over $9bn in sustainable projects in 2022

More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings

UAE sustainable finance

UAE’s green, sustainable finance enjoy two years of rapid growth

The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.

Baynouna Solar Park_Group launch in Jordan

Masdar inaugurates Jordan’s Baynouna Solar Park

The Baynouna Solar Park produces over 560 gigawatt-hours of energy annually – enough to power 160,000 homes

Emirates recycles equivalent of fully loaded A380 in 2022

Emirates recycles materials equivalent to fully loaded A380 in 2022

The carrier recycled more than 500,000 kilograms of plastic and glass last year

Dubai Can Photo courtesy Dubai DET Twitter

Dubai Can reduces use of over 7 million SUP bottles

Dubai Can has installed water fountains in strategic places across the city, including public parks, beaches, and tourist destinations, to help people refill bottles

AstraZeneca to construct sustainable offices at Dubai Science Park

AstraZeneca to construct sustainable offices at Dubai Science Park

The move is part of the biopharmaceutical giant’s global green agenda