The guidelines require banks to report capital markets emissions, such as those tied to money raised for companies via bond or share issues
The oil firm’s use of AI technologies abated up to one million tonnes of carbon dioxide emissions between 2022 and 2023
Circularity has the potential to create substantial economic advantages, with projected yield on annual net profit gain of up to $46bn by 2030
The UAE’s national rail network has made great strides since the project’s inception in 2016
The city’s ambitious plan is set to accelerate the momentum that it has achieved in its transition towards clean energy over the last decade
The action plan set out in the roadmap will cut 90 million tonnes of carbon dioxide annually
The signatories collectively represent over 56 countries globally, establishing a wide-ranging global alliance dedicated to reinforcing security, disaster prevention
The UAE Carbon Alliance aspires to aggregate demand for high-quality carbon credits from the UAE; demand which already exceeds the supply available from the UAE alone
Israel’s special envoy for climate change and sustainability tells us that COP28 is an opportunity to promote climate innovation and solutions
Sectors such as power and water generation, heavy industry, transport, waste, buildings, and agriculture will reduce emissions as per specific sectoral targets
The partnership builds on ADNOC Group’s $15bn commitment towards decarbonisation projects by 2030
AI uses more energy than other forms of computing, and training a single model can gobble up more electricity than 100 US homes use in an entire year
The Dubai Supreme Council of Energy also discussed a plan submitted by Emirates Gas Company to enhance current gas cylinders to advanced ones
Qatar aims to develop its carbon capture and storage facilities so that it can sequester as much as 11 million tons of carbon dioxide a year by 2035
Louay Dahmash, senior director at Autodesk, talks about the company’s vision to create real, meaningful impact with its technology and accelerate industry transformation
Earlier this year, dnata committed to reducing its waste to landfill by 20 per cent by 2024
Etihad aims to reach net zero emissions by 2050
In partnership with CarbonClick, the project will offset each ride made by a talabat rider through Etihad Guest’s Miles on the Go programme
The primary objective of the programme is to explore the use of drones in several sectors, including health, security, shipping and food
The endorsement came at the COP26 summit in Glasgow
Unit 2 will add a further 1,400MW of clean electricity to the grid when at full capacity
Initiatives by the Sharjah government to increase economic activity as well as developing the city as a hub for culture and tourism, have truly boosted demand for upscale property
Adopting smart energy and building management systems can not only reduce carbon emissions, but also reduce electricity bills significantly
The overall regional tree planting programme (with 50 billion trees) is claimed to be the largest reforestation programme in the world
The project will generate around 1,600,000 kWh of solar energy, reducing BFL’s carbon footprint by 700 metric tonnes
Lower solar prices may also spur the manufacturing of green hydrogen in the UAE
Japan will receive 40 tons of blue ammonia in the first shipment
Building renewable power plants will take up a bulk of the estimated investment
Members of the Oil & Gas Climate Initiative pledged to reduce the carbon intensity of their operations to between 20 and 21 kilograms of carbon dioxide per barrel of crude equivalent by 2025
As much as 60 billion tons of emissions, about twice what the world spewed out in 2019, could be prevented if money is spent in these new markets