Business of Sport FIFA: ‘We have not lied about Qatar emissions’ FIFA has rejected a report that claims Qatar 2022 will rely on “flimsy” offsets to meet its pledge to host the first carbon-neutral World Cup. The report, compiled by climate advocacy group Carbon Market Watch, alleges that Qatar, the world’s largest producer of natural gas, is omitting some greenhouse gas emissions from its calculations and […] May 31, 2022
Climate change top of the agenda at Davos The Gulf’s two largest economies, Saudi Arabia and the UAE, are sending top-level delegations to the World Economic Forum’s (WEF) annual meeting in Davos-Klosters, Switzerland, which begins today. The UAE’s delegation, led by Maktoum bin Mohammed bin Rashid Al Maktoum, deputy prime minister and minister of finance, will also include Abdulla Bin Touq Al Marri, […] May 23, 2022
Saudi Arabia Vision 2030 The Red Sea Project: Showcasing natural abundance One of the most ambitious and environmentally responsible tourism developments in the world is beginning to take shape on the north-west coast of Saudi Arabia. Spread across 28,000 square kilometres and including an archipelago of more than 90 islands, The Red Sea Project will be powered by 100 per cent renewable energy and is committed to […] May 18, 2022
Analysis Sustainability Oman: the next hydrogen energy superpower With lengthy daytime sun, strong overnight winds and an accessible coastline, H2 investors and developers have long admired Oman, dubbed a “future renewable superpower,” by green energy titans. The government has noticed their admiration, and is looking to hydrogen to help power the oil-rich country’s energy grid and recharge its fossil fuel-reliant economy. Since announcing […] May 17, 2022
Opinion Sustainability The heat is on but a green Gulf is worth the cost The benefits of a net-zero economy include job creation and healthier living, even though it would require hundreds of billions of dollars May 9, 2022
Sustainability Heavy rain and floods in Afghanistan kill 22 Heavy rain and flooding has killed 22 people, destroyed hundreds of homes and damaged crops in Afghanistan, which is already facing a humanitarian crisis, a disaster management official said today. The Taliban government, struggling to cope with the disaster that has affected more than a third of its provinces, will approach international relief organisations for […] May 5, 2022
Analysis Energy Saudi Arabia leads OPEC move to drop energy watchdog’s data A decision driven by Saudi Arabia that OPEC+ should stop using oil data from the West’s energy watchdog reflected concern about US influence on the figures, said sources, adding to strain on ties between Riyadh and Washington. The Organisation of the Petroleum Exporting Countries and allies including Russia, a group referred to as OPEC+, has […] May 3, 2022
Sustainability Regulators call for external checks on bank climate data Regulators could force banks and other financial firms to hire external auditors to check on the accuracy of their climate data, the Financial Stability Board said in a report on Friday. Financial firms are being required to spell out how climate change is affecting their business as part of government efforts to meet net-zero economy […] April 29, 2022
Sustainability Humanity on ‘spiral of self-destruction’ as disasters rise The world is set to face 1.5 disasters a day – 560 a year – by 2030, as humans put themselves on a “spiral of self-destruction” by heating up the climate and ignoring risk, pushing millions more people into poverty, the United Nations warned on Tuesday. In the past two decades, between 350 and 500 medium-sized to major disasters were […] April 26, 2022
