AI in ESG

How can AI expose ‘very real’ ESG risks?

Artificial intelligence tools are gaining traction as demand to analyse huge amounts of data grows in the field of ESG risk analysis

Mubadala Energy and Masdar Collaborate on Decarbonization and Energy Transition Initiatives image Mubadala Energy

Mubadala Energy, Masdar to collaborate on decarbonisation projects

The companies will look at developing technical solutions to decarbonise or improve the energy efficiency of upstream oil and gas assets among other initiatives

Solar farms

Solar farms out at sea are clean energy’s next breakthrough

Ocean-based solar farms that can handle waves of up to four meters could be ready for commercial deployment within a year

COP28 President lays down big agenda for climate change

COP28 President Dr Sultan Al Jaber lays down big agenda items for climate summit

The annual UN climate summits tend to be large, complicated, diplomatic efforts that require a consensus among all nations attending

DIFC to host first edition of Future Sustainability Forum in Dubai image DIFC_WAM

DIFC to host first Future Sustainability Forum in Dubai

The inaugural forum will be held at the Ritz-Carlton DIFC on October 4-5

PureHealth aims for net-zero emissions by 2040

PureHealth pledges to reach net-zero emissions by 2040

The healthcare firm’s climate pledge is a decade before the deadline by when the world must reach net zero if it is to achieve the Paris Agreement goal

Masdar and Iberdrola leaders discuss global renewable energy growth Image Masdar

Masdar, Iberdrola discuss bolstering renewable energy growth

Dr Sultan Al Jaber, Masdar chairman and COP28 President-Designate, has been meeting global leaders to build consensus toward solutions that can deliver an equitable energy transition

Ayman Eissa on community engagement to drive sustainability

Insights: Using community engagement for long-term sustainable development

Sustainable development initiatives that have a community engagement element embedded into them work towards building capacities that are foundational in driving real change

cop28

COP28, Emirates Centre for Strategic Studies and Research sign MoU

The MoU is part of the COP28’s agenda as it seeks to align global climate education and amplify youth participation

UAE chases 7% growth to double economy to over $800bn

UAE sets target to achieve 40% cut in carbon emissions by 2030

Sectors such as power and water generation, heavy industry, transport, waste, buildings, and agriculture will reduce emissions as per specific sectoral targets

Emirates NBD introduces carbon market trading -GettyImages-630846210

UAE’s Emirates NBD introduces compliant carbon market trading

The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals

Sheikh Hamdan inaugurates phase 1 of waste-to-energy Centre in Warsan Image Dubai Media Office

Sheikh Hamdan launches first phase of world’s largest waste-to-energy project

The facility can process two million tonnes of waste per year without any adverse environmental impact

Abu Dhabi Global Market introduces Sustainable Finance Regulatory Framework Image ADGM

Abu Dhabi Global Market introduces regulatory framework for sustainable finance

The framework complements ADGM’s existing regulation of carbon offsets, facilitating the establishment of the world’s first regulated carbon offsets exchange and clearing house

steel Tosyali

Tata Steel says it won’t reach emissions goal with current tech

Global steelmakers face technological hurdles as well as massive costs to green their operations

climate

Macron calls for fresh overhaul of global taxation to support climate finance: Paris Summit

The French president hosted world leaders to discuss new ways to support climate financing

COP28 president designate

Dr Sultan Al Jaber calls for solidarity before COP28 conference

The two-day Paris gathering aimed to overhaul the climate finance system that is targeted at countries most vulnerable to global warming

DP World picks up momentum on electrification projects at Port of Santos, Brazil Image DP World

DP World picks up momentum on electrification projects at Port of Santos, Brazil

A total of 22 diesel-fuelled rubber tyred gantry container handling cranes units will be electrified by the end of next year, with an investment over $16.2m

sustainable development

How cybersecurity is helping global sustainable development

Cybersecurity requires a holistic view of the many different factors that contribute to our digital security, says Kaspersky

Relief, Recovery and Peace Day

UAE to introduce ‘Relief, Recovery and Peace Day’ during COP28

The UAE Minister of Climate Change and Environment chaired the event, which examined the impact of climate change on the responsibilities and operations of UN peacekeeping and special political missions

Ministry of Energy & Kazakh MoE, ACWA Power Roadmap Signing Image credit ACWA Power

Saudi’s ACWA Power sets roadmap for $1.5bn wind energy project in Kazakhstan

With the head of terms agreement announced earlier this year, the 1GW wind project represents ACWA Power’s entry into Kazakhstan

Ecity - Cartlow sign agreement Image credit Cartlow

Cartlow, E-City launch sustainable device subscription programme

The initiative provides customers with affordable and convenient options to prolong the life cycle of their devices and reduce electronic waste

JEPLAN and Rebound to collborate Image credit Rebound

UAE’s Rebound, JEPLAN to jointly explore set-up of recycle PET market in the UAE

Through a joint study, the companies will seek the participation of partner companies in the UAE to establish a supply chain for recycled PET in the UAE

UAE carbon alliance launches Image Credit Getty Images

UAE Carbon Alliance launches; founding members include FAB, TAQA, ACX, Masdar

The alliance aims to establish national cooperation in decarbonisation efforts, develop frameworks for carbon financing and increase knowledge of the carbon market

electric vehicles

RTA, Al Futtaim Automotive to deploy 360 hybrid, electric vehicles

The agreement includes the deployment of 250 electric vehicles, and 100 hybrid vehicles, in line with the UAE’s net zero by 2050 objective

ETF ESG

Are ESG-themed ETFs losing steam?

Data shows that ETF issuers are losing tolerance for ESG as closures surge

Desolenator

Silal partners with Desolenator on agricultural solar-powered desalination project

The project aims to contribute to the decarbonisation of food production in desert climates by significantly lowering the carbon footprint of the desalination process

coal

What counts as a carbon credit?

The UN panel’s final decision will have huge consequences for the carbon removal industry, as well as the direction the world takes when it comes to pulling carbon from thin air

COP28 preparatory talks

COP28: Dr Sultan Al Jaber meets Ursula von der Leyen for climate talks in Brussels

The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai

UAE SCA to-waive-fees-for-firms-listing-green-bonds-sukuk-in-2023-Getty Images-1061630236.jpg

Registration fee waiver for firms listing green bond, sukuk in local market: SCA

The SCA board approved the decision to exempt the fee for this year for companies planning to list their sustainability-linked bond or sukuk

UAE Egypt sign deal to build 10GW_wind farm Image Masdar

UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn

The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030