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ESG

Technology underpins the success of the GCC’s ESG ambitions

ESG is now a concern for investors, shareholders and other stakeholders, as well as customers and regulators

Measuring Climate risk insights from bloomberg LP

Opinion: Measuring climate risk and its importance

To determine a company’s exposure to climate-related risks investors need non-financial data, unlike for traditional types of financial risk

ESG and Middle Banks Arthur D Little Op-ed

Implementing ESG strategy: How Middle East banks are faring

As the region’s banks double down on their ESG efforts, the implementation of a comprehensive strategy with data governance at its core has never been more important

air pollution

Less than 1% of Earth has safe levels of air pollution, study finds

While scientists and public health officials have long been at alert to the dangers — air pollution kills 6.7 million people a year

UAE's Green Education Partnership Roadmap in preparation for COP28 Photo courtesy WAM

COP28: UAE launches Green Education Partnership Roadmap

The roadmap identifies environment-and-climate-friendly initiatives that the MoE aims to achieve by the start of and post COP28

Sustainable Energy

Here are some ways to reduce carbon emissions with sustainable energy

Adopting energy-efficient strategies that reduce the demand and greening the current energy supply is key, says Pierre Cheyron

Mashreq & WorldGBC

Mashreq bolsters sustainability goals by joining World GBC

The collaboration with WorldGBC offers the bank a platform to strengthen its net zero commitments

TAQA Group CEO and managing director, Jasim Husain Thabet

UAE utility firm TAQA sets up green finance framework

The Abu Dhabi-listed firm said proceeds from the issuances will be used to finance eligible green projects including renewable energy

UAE climate Tech announced dr-sultan-ahmed-al-jaber-COP28-president-designate

UAE Climate Tech: MoIAT to host ‘first-of-its-kind’ forum with ADNOC, Masdar

Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050

Robert Yordi of Seaworld

Yas SeaWorld Research & Rescue’s Rob Yordi shares the centre’s role in the region

The general curator of SeaWorld Abu Dhabi and Yas SeaWorld Research & Rescue tells us how the centre will enable marine conservation and build a strong regional rescue network

Sustainability: Not just a responsibility, but also an opportunity

To address climate change and its implications for societies a concerted effort is urgently needed – both from the public and private sectors

Sustainability roundtable Century Finacial

UAE financial sector reaffirms commitment to sustainability

The round table discussion hosted by Century Financial showcased new sustainability initiatives and partnerships aimed at promoting investments

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