Video length: 03:55 VIDEO Sustainability Who is Sultan Al Jaber? The decision to name Sultan Ahmed Al Jaber to lead the Cop28 climate conference in Dubai has been criticised, as he is also CEO of fossil fuel producer Abu Dhabi National Oil Company (Adnoc). However, the UAE minister of industry and advanced technology also heads renewable energy business Masdar and has other sustainable credentials that […] August 29, 2023
Opinion Sustainability Biofuels have some growing to do. Global allies can help The UAE's biofuels industry needs standardisation and streamlining. It can learn a lot from a newly launching international group August 28, 2023
Food & Drink HeroGo steps up fight against ‘ugly’ food waste HeroGo, an online delivery service for “ugly” or surplus produce, is planning to cut food waste beyond the UAE via partnerships with supermarkets and hotels, its founder reveals. “To have the biggest impact we need to be in multiple markets, so we’re in talks to expand in the near term,” HeroGo’s Daniel Solomon tells AGBI. […] August 28, 2023
Exclusive Finance Carbon credits trading predicted to hit $4bn Carbon credits could become a $4 billion global asset class within the next half-decade, the co-founder of the Air Carbon Exchange told AGBI. Originally based in Singapore, the Air Carbon Exchange (ACX) is registered at Abu Dhabi Global Market and regulated by the ADGM Financial Services Regulatory Authority. Abu Dhabi sovereign fund Mubadala bought a […] August 28, 2023
Sustainability Cop28 reveals programme for Dubai event The Cop28 UAE presidency has unveiled the two-week programme of topics to be discussed at the UN climate change conference on 30 November to 12 December. Cop28 will take place as a series of high-level talks alongside public discussions and other events at the Expo 2020 site in Dubai. Last month the event’s president-designate Sultan […] August 23, 2023
Sustainability Saudi to hold green forum during Cop28 in Dubai Saudi Arabia will hold its third green initiatives forum during the Cop28 summit in Dubai on December 4. The Saudi Green Initiative (SGI) forum will build on the 2021 inaugural event in Riyadh, which unveiled the kingdom’s 2060 net zero commitment and last year’s conference held in Egypt during Cop27, the state-run Saudi Press Agency […] August 23, 2023
Sustainability Climate minister starts 100-day countdown to Cop28 Collaboration is vital to the success of this year’s Cop28, the UAE minister of climate change and environment has said as the country marks 100 days to the start of the summit. Leaders from the public and private sectors will gather in Dubai in November – and climate minister Mariam bint Mohammed Almheiri said on […] August 22, 2023
Sustainability Cop28 and UN to draft climate finance framework United Nations economists, the Cop28 leadership and other institutions including the World Bank and International Monetary Fund, have agreed to draw up recommendations to reform climate finance. The planned changes come amid concerns that the billions pledged by developed nations to tackle global warming are falling short. The recommendations – to be shared and discussed […] August 21, 2023
Opinion Energy Adnoc and Occidental team up to capture carbon dioxide The Gulf has ideal conditions for the vital new technology of direct air capture August 15, 2023
Banking and Finance Cop28 tipped to feed appetite for green sukuk The Cop28 climate conference in the UAE is expected to boost interest in green sukuk as the market gathers momentum in the GCC, Malaysia and Turkey. Environmental, social, and governance (ESG) sukuk – sharia-compliant instruments used to fund renewable energy and other green projects – are set to be a central issuance theme for the remainder […] August 15, 2023
Sustainability Developer’s out-of-this-world solution to greener cooling Floating around in a space station is the ultimate in circular living. Everything from air to food to waste has to be reused or recycled, and all stored within the same tiny enclosed location. For air conditioning, Nasa made use of a novel system that was more effective in getting rid of flammable gases as […] August 14, 2023
Cop28 Cop28 and Coursera launch UAE climate literacy drive UAE education providers will offer online courses on climate change mitigation, adaptation, finance and other topics through a partnership between e-learning provider Coursera and Cop28‘s organising body. A curated programme of more than 100 courses in climate literacy will be offered in the run-up to and beyond the United Nations conference in Dubai later this […] August 11, 2023
Analysis Sustainability Middle East economies feel the heat from climate change Iraq’s Tigris and Euphrates rivers famously gave birth to some of the world’s first civilisations thousands of years ago. Now, climate change advocates warn that drought means they are now too weak to sustain agriculture and feed the communities who depend on them. At a press conference in Baghdad on Wednesday, United Nations human rights […] August 11, 2023
Analysis Energy Carbon capture and storage cheaper in Gulf Carbon capture and storage in the Gulf is considerably cheaper than in many regions including Europe, although there are several other variables that determine the overall cost of cutting CO2 emissions from industrial activity. Carbon capture and storage (CCS) will account for 20 percent of the emissions reductions needed to achieve global net zero by […] August 11, 2023
Analysis Oil & Gas Gulf geology ideal for carbon capture, say experts The Gulf’s geology and decades-old oil and gas industry could enable the region to become a world leader in carbon capture, utilisation and storage (CCUS), experts believe. Gulf oil producers have been using carbon dioxide (CO2) capture technology for more than 40 years to remove the compound from natural gas before it is shipped for […] August 10, 2023
Infrastructure UAE invests in battle against severe flooding UAE government bodies and residents are working proactively to combat the impact of severe flooding, as climate change leads to increased levels of rainfall. Dubai Municipality said it received more than 100 emergency calls at the weekend as a result of severe weather conditions, and the National Centre of Meteorology (NCM) has warned that heavy […] August 10, 2023
Sustainability Al Suwaidi: time to deliver on $100bn climate pledge Developed countries must stump up their agreed $100 billion a year to tackle climate change as the world is a long way off from meeting the targets set in the Paris Agreement, Cop28’s director general said in Brazil this week. “We need to invest across the board in every kind of solution that is going […] August 9, 2023
Exclusive Sustainability Omani firm aims to rock the world by mineralising CO2 Omani carbon mineralisation startup 44.01 plans global expansion after being named a winner of last December’s Earthshot Prize for its innovative technology. The company expects to start work in the UAE on its first pilot project outside Oman mineralising peridotite rock later this year. Peridotite – a rock found in Oman as well as in […] August 9, 2023
Opinion Sustainability ESG straitjacket is too rigid for Middle East economies 'Global South' operates according to different economic, social and cultural structures than the West August 7, 2023
Opinion Entrepreneurs Why startups must factor in ESG for investment success Environmental, social and governance efforts will always pay off in the long run August 4, 2023
Analysis Logistics Call for shipping polluters to pay for their emissions UAE multinational logistics company DP World has called for a global taxation on polluters in the shipping industry to pay for their emissions. The maritime services giant says new targets revealed by the International Maritime Organization (IMO) in July do not go far enough. At the 80th meeting of the IMO’s Marine Environmental Protection Committee […] August 4, 2023
Construction UAE-UK Business Council targets building emissions Decarbonising the built environment should be a key aim for the UK and UAE as they work to accelerate the energy transition, the head of the UAE-UK Business Council has told AGBI. The council’s executive director Bradley Jones said the two countries had “a great deal of expertise in retrofitting existing buildings and developing alternative, […] August 1, 2023
