#climate change

Tom De Waele, Managing Partner, Bain & Company Middle East 

Five steps that Middle East companies can take to reduce carbon footprint

To translate ambition into delivery, companies need to adopt a mindset that we call visionary pragmatism and get five things right

UAE to host COP28 summit at Expo City Dubai

The conference is expected to see over 45,000 participants daily, including heads of state, government officials and industry leaders, among others

What are the biggest issues being discussed at Davos 2022?

Some issues to be discussed at Davos 2022 include the Ukraine crisis, the lingering threat of the pandemic, inflation and the shifting geopolitical influence.

Green cold war or climate anarchy? Together we can decide

Climate change is going to reshape the world

Green bonds still have a long way to go to dent climate crisis

Global sales of green bonds hit a record $513bn last year

Bring tech and innovation to the climate-change fight

Since 1980, the Arctic has warmed nearly four times faster than the rest of the globe

Climate change made the last eight years the hottest on record

Last year’s global average temperature was a bit more than 1° Celsius higher than the 1880-1900 average

Climate change: What is the GCC’s role in this equation

The region needs to capitalise on the economic benefits of the sustainable energy industry

Abu Dhabi UAE government

UAE business leaders welcome hosting of COP28 in 2023

The UN Framework Convention on Climate Change announced at COP26 in Glasgow that the UAE will host the event

Over half of Arab youth say they will boycott brands that damage the environment

The region’s youth is keen to ensure governments and businesses act responsibly when it comes to climate action

UAE’s bid to host COP28 receives backing from Asia Pacific Group

The endorsement came at the COP26 summit in Glasgow

Global warming will kill 83 million people in the next 80 years

Every 4,434 tons of carbon spewed into the Earth’s atmosphere in 2020 will kill one person this century

The heat, floods and fire we don’t hear enough about

All these calamities are part of a constellation of extreme weather events that paint a picture of a world that’s already warmed 1.2°C from pre-industrial times

Heatwaves ease for second pandemic-era Hajj pilgrimage

Saudi Arabia is only allowing access to the holy sites for 60,000 nationals and residents who have been vaccinated and don’t suffer chronic diseases

Climate change responsible for 37% of heat-related deaths – study

The paper shows that the level of warming varies across the globe

Why setting net-zero carbon standards is imperative for mitigating climate change

Adopting smart energy and building management systems can not only reduce carbon emissions, but also reduce electricity bills significantly

Abu Dhabi summit: Regional leaders pledge to accelerate progress on climate action

A total of 11 countries have signed a group statement to ensure the success of the Paris Agreement

How chartered accountants can play a key role in the fight against climate change

Chartered accountants must lead the businesses they work with to integrate climate change risk into organisational strategy, finance, operations, and communications

Dubai DMSat-1 Satellite

Video: Dubai launches its first environmental satellite

The DMSat-1 satellite was developed by Dubai Municipality in collaboration with the Mohammed Bin Rashid Space Centre

Globe-trotters pledge to fly less to help climate

People now think giving up flying would be one of the easiest things they could do to cut their carbon footprint

Mubadala

UAE’s Mubadala joins coalition of sovereign wealth funds supporting global climate action

Mubadala has officially become a member of the One Planet Sovereign Wealth Funds

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