#COP28

Mashreq commits to facilitate Dhs110bn in sustainable finance by 2030

Mashreq to facilitate Dhs110bn in sustainable finance by 2030

The bank’s commitment to sustainable finance is part of its Climb2Change global initiative

climate

$9bn boost for nations worst-hit by climate change

Over two-thirds of the Global Fund’s funding, will be spent on countries that have been the most impacted by climate change, the organisation has announced at COP28

COP28 begins on November 30 Image COP28 X

Daily Insider: As leaders head home, key COP28 negotiations start

At this year’s COP28, there have been some encouraging signs with the issues of health and food security making it onto the agenda for the first time. 

UAE unveils World Fire Emission Reduction Alliance Image Dubai Media Office

UAE unveils World Fire Emission Reduction Alliance at COP28

The signatories collectively represent over 56 countries globally, establishing a wide-ranging global alliance dedicated to reinforcing security, disaster prevention

Dr Sultan Ahmed al Jaber-COP28-president-designate Image COP28

COP28 UAE: Dr Sultan Al Jaber recaps key wins of first 4 days

“Tackling methane will have a massive near-term impact on keeping 1.5 within reach, and that’s why I am putting it at the top of my agenda,” Dr Al Jaber said during his briefing

UAE finance sector to mobilise Dhs1tn in sustainable finance image UBF X

COP28: UAE financial sector commits to mobilising Dhs1tn in sustainable finance

In addition to the commitment, the CBUAE highlighted the solutions of the COP28 UAE TechSprint – a global initiative launched by the central bank

COP28 Saudi Green Initiative plants 43 million trees, shrubs since launch Image SG!

Saudi green Initiative plants 43 million trees, shrubs since launch

Saudi officials and international climate experts discussed Saudi Arabia’s progress in achieving its ambitious greening target of growing 10 billion trees at COP28

Ajay Banga, president of the World Bank Group - COP28

Top development banks at COP28 vow to up climate game

In a statement to be announced at COP28, the World Bank and regional peers, said the window of opportunity to secure a liveable planet was “rapidly closing”

ADNOC, TAQA and Mubadala complete transaction to acquire Masdar stakes

COP28: UAE leads 118 countries-pledge to triple world’s clean power

The key goal would be to slash fossil fuel use this decade while a smaller club of countries plan to scale up nuclear energy.

President Sheikh Mohamed in South Korea

UAE President Sheikh Mohamed unveils $30bn climate fund

The country has invested $100bn in climate action and renewable energy, and is committed to investing an additional $130bn over the next seven years

KIng Charles visits heriott watt university Image supplied

British monarch King Charles III visits Heriot-Watt University Dubai

The King, accompanied by British Foreign Secretary Lord David Cameron, visited the Heriot-Watt Climate Hub

cop28 climate jargon

Daily Insider: UAE’s new $30bn climate fund a good start

Money is rolling in to address climate change, but the real test for COP28 will emerge in the coming days as disparate parties try to come to agreements.

COP 28-DR-SULTAN-AL-JABER-UAE

COP28 formally approves climate disaster fund arrangements

Day 1 at COP28 saw the announcement of a fund to help vulnerable nations cope with the cost of climate-driven damage

DUBAI, UNITED ARAB EMIRATES - NOVEMBER 29: Technicians prepare a plenary hall at the UNFCCC COP28 Climate Conference the day before its official opening on November 29, 2023 in Dubai, United Arab Emirates. The COP28 is bringing together stakeholders, including international heads of state and other leaders, scientists, environmentalists, indigenous peoples representatives, activists and others to discuss and agree on the implementation of global measures towards mitigating the effects of climate change. (Photo by Sean Gallup/Getty Images)

COP28: Watch world leaders at World Climate Action Summit

While discussions and negotiations, happen behind closed doors, many parties hold sessions that are live streamed through the two weeks

Prof. Gill_Murray on the intersection of education and cop28

Learning for Change: Exploring the intersection of education and COP28

Education stands out as the foundation for nurturing a climate-resilient generation capable of instigating transformative change

Sheikh Mohammed bin Zayed Al Nahyan, United Arab Emirate's president, left, and Sheikh Mansour bin Zayed Al Nahyan, United Arab Emirates' deputy prime minister, on the opening day of the COP28 climate conference at Expo City in Dubai, United Arab Emirates, on Thursday, Nov. 30, 2023. More than 70,000 politicians, diplomats, campaigners, financiers and business leaders will fly to Dubai to talk about arresting the world’s slide toward environmental catastrophe. Photographer: Hollie Adams/Bloomberg

COP28: Who are the big name attendees?

Representatives of 197 countries who are ‘parties’ to the United Nations Framework Convention on Climate Change (UNFCCC) will participate at COP28

climate

Daily Insider: All eyes on COP28 as climate crisis worsens

With the COP28 UAE summit kicking off in Dubai today, the world’s eyes will be laser focused on the outcomes of this gathering.

cop28 climate jargon

COP28: A guide to UN climate jargon, from NDCs to ‘unabated’ emissions

Here’s a cheat sheet on the climate terms expected to be bandied about during upcoming dialogues and discussions

COP28: Sheikh Zayed Road closures

COP28: Sheikh Zayed Road closure from Friday; what you need to know

The temporary road closure will occur between the Trade Centre Roundabout towards the Expo Intersection, and will occur during the start of COP28

IMF

IMF chief demands end to ‘business as usual’ ahead of COP28

The IMF was working with seven countries on debt restructurings, while a couple more would need help to reduce their debt burden

cop28 - climate talks

Explainer: What’s the plan for this year’s COP28 climate summit?

The EU and US have said they will put money in the climate damage fund at COP28

DFM to launch carbon credits pilot programme at COP28 Image Dubai Media Office X

Dubai Financial Market to launch pilot carbon credits programme at COP28

DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024

climate solutions

Climate vulnerable nations could get insured for $10m a year: Report

New research sheds light on how to use insurance money to protect countries from the spiralling cost of storms, drought, and rising sea levels

markets

Global markets: Five countries to watch this week

From the upcoming climate conference in UAE, to inflation numbers in the US, and China’s GDP targets, a look at what the markets are tracking

Take a look: e& unveils recycled ‘green’ SIM cards

Telecoms operator e& has unveiled its eco-friendly, recycled SIM cards which will be available during the COP28 summit in Dubai later this month.

cop28 - climate talks

COP28: Where to find 1.5°C-aligned business lunches

The climate gathering will offer the carbon neutral menu as part of efforts to drive sustainability through all aspects of the event.

COP28: Radisson rolls out Net Zero Nights initiative in the UAE (Image: Supplied by Radisson hotel Group)

COP28: Radisson rolls out Net Zero Nights initiative in the UAE

The initiative will be introduced across 16 of the group’s hotels within the country

climate solutions

A timeline: UN climate negotiations through the years up to COP28

As the UAE gets ready to host COP28, we take a look at some landmark years, that have moved the needle on climate action

RTA sets up detailed plan to help movement of visitors and delegates travel to Expo City during COP28 Image WAM RTA

Getting to COP28: RTA unveils detailed transit plan

RTA has introduced exclusive special edition nol cards for COP28 delegates

The world's largest single-site solar power plant was unveiled by Masdar, EWEW and other partners Image EWEC X

UAE unveils world’s largest single-site solar power plant

The 2GW Al Dhafra Solar Power Plant – located 35 kilometres from Abu Dhabi city – was built in a single phase