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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

Dubai opens world’s largest solar-powered data centre

The data centre has a capacity exceeding 100 megawatts, and spans more than 16,000 square metres

AeroFarms opens faciltiy on Abu Dhabi photo WAM

AeroFarms debuts AgX indoor vertical farm in Abu Dhabi

At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world

Abu Dhabi fund for development sign MoC with IFC to invest in clean energy

Abu Dhabi Fund for Development, IFC to support investments in clean energy transition

The entities signed the agreement during the World Government Summit to support investments in emerging markets related to climate mitigation and adaptation, the adoption of clean technologies, and food security

Masdar, IFC to jointly advance climate action in emerging markets

Masdar, IFC to jointly advance climate action in emerging markets

The framework will look at accelerating the adoption of distributed photovoltaic systems, and the development of innovative new technologies and business models in emerging markets

PIF acquires 30 % stake in Saudi tabreed-800x533-1

Public Investment Fund acquires 30% stake in Saudi Tabreed

Saudi Tabreed currently manages 779,000 tonnes of refrigeration (TR) via contracts with major companies in Saudi Arabia

PIF second green bond issue _ pexels-pixabay-356036

Saudi Arabia’s PIF raises $5.5bn from sale of second green bond

The fund will allocate an amount equalling the net proceeds of the issuance to fund eligible green projects in line with its Green Finance Framework

ESG investing in the MENA region

Insights: Maximising the potential of ESG investing in the MENA region

Investors in the region could be missing a big opportunity, as investment firms globally are facing increasing demand for ESG investment products that integrate thematic ESG strategies and comply with regulatory requirements

COP28

COP28 chief’s Sultan Al Jaber begins global tour

Nations should aim to raise spending on technologies including carbon capture, nuclear power and hydrogen, according to Al Jaber

Masdar City unveils The Link

Masdar City breaks ground on net-zero energy co-working and living space

The Link will feature a gross floor area of 30,000 square metres comprising sustainable offices, residences, visitor centre, multi-use hall and leisure amenities

Data centres and sustainability Kevin Hagen is the VP - Environmental Social & Governance Strategy, Iron Mountain

Clean Energy: The key to economic and environmental resilience

As businesses face both mounting energy costs and pressure to conduct more sustainable operations, renewable energy should take centre stage as we fight to conserve our resources and economies

The UAE and France to jointly focus on decarbonisation of hta industries

UAE, France to jointly focus on decarbonisation of hard-to-abate industries

The bilateral initiative, which will officially launched during COP28, will focus on low-carbon hydrogen and sustainable fuel production and their respective value chains

Emirates operates demo flight with 100% SAF

Emirates Airline operates demo flight with 100% SAF

It is the first passenger airline in the world to operate a Boeing 777 powering a GE engine with 100 per cent SAF

Rana Abu Nemeh shares her insight on COP28

COP28: Lead the charge against climate change

It is estimated that COP28 will have participation from more than 80,000 delegates, including 140 heads of state and government

Hub71 is Masdar City's official startup ecosystem partner

Abu Dhabi’s Hub71 named Masdar City’s official startup ecosystem partner

The entities will identify opportunities to collaborate in areas including mobility, food, health, and climate action

Emirates aircraft being fueled with SAF

UAE’s Emirates completes engine ground testing with 100% sustainable aviation fuel

The ground test results will pave the way for the airline’s first experimental test flight using 100 per cent SAF in one engine, which is due for take off this week

etihad to join Masdar, bp, Tadweer, ADNOC in study to explore SAF production in the UAE

Masdar, ADNOC, bp, Tadweer, Etihad to explore SAF production in UAE

The entities will jointly conduct a feasibility study for the region’s first project to produce sustainable aviation fuel using renewable hydrogen and municipal solid waste

OPEC Fund for development raises $1bn thru debut SDG bond _ photo courtesy OPEC FUND

OPEC Fund’s debut SDG bond raises $1bn

The bond proceeds will be allocated according to the specific criteria defined in the SDG Bond Framework focusing on food security, healthcare, infrastructure, education, employment, and renewable energy

UAE President announces 2023 as ‘Year of Sustainability'

UAE President announces 2023 as ‘Year of Sustainability’

The announcement follows the Abu Dhabi Sustainability Week, which concluded on January 19