#climate change

Countries need to invest $55 trillion to reach emissions target

Building renewable power plants will take up a bulk of the estimated investment

Uber-app

Uber commits $800m to electrify taxi fleet

All cars on Uber platform will be electric vehicles by 2040

Sharjah Airport

Sharjah Airport becomes first carbon neutral airport in the GCC

The carbon neutral status is received when net carbon dioxide emissions over a full year are zero

Aramco joins Exxon, BP, Shell in starting to curb own emissions

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

How should regional economies rebuild a post-Covid world

Sustainability must take priority as economies begin the process of recovering from the impact of the coronavirus

Energy innovation spend needs to triple by 2030 to hit climate goals

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

IMF warns investors: You’re not ready for climate change

Global temperatures have risen 1.1 degrees Celsius since pre-industrial times and at current levels of greenhouse gas emissions, are set to rise by 3 degrees Celsius by the end of the century

UAE records nearly one-third decline in nitrogen dioxide levels from February to April

The country’s climate change ministry published its first national-level inventory of emissions in February

The climate crisis: Is the GCC doing enough in the sustainability space?

While many regional companies are championing the cause, more needs to be done