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Cop28

Cop28 is the climate change conference that was held in Dubai in the United Arab Emirates in 2023

renewables target dam

World is off track to meet Cop28 renewables goal

The world is far from reaching its 2030 renewables target, the International Renewable Energy Agency (Irena) said on Thursday. Countries committed at the Cop28 summit in Dubai last year to treble renewables capacity in order to limit global warming to 1.5C. To stay on course global capacity growth needs to accelerate to a minimum rate […]

Gas flaring at a plant in Veracruz state, Mexico. The country is one of the biggest contributors to global flaring, along with Iran, Iraq and Libya

Iran, Iraq and Libya among worst offenders on gas flaring

Environmentally ruinous flaring of gas at upstream oil and gas facilities has risen to its highest level for five years, despite pledges to end the practice, the World Bank has said. Iran, Iraq and Libya were among the biggest contributors in 2023, according to a World Bank report published on June 20. Along with six […]

Wind turbines above the village of Kotronas in the Peloponnese region. Greece's Terna Energy invests in wind, solar, hydroelectric and pumped storage projects

Masdar buys Greece’s biggest investor in renewables

The UAE’s state-owned clean energy company Masdar is to acquire a majority share in Terna Energy of Greece. The initial deal – one of the largest in the European renewables market and the biggest ever energy transaction on the Athens Stock Exchange – is for a 67 percent stake. The price of €20 ($21.45) per […]

The increase in clean energy investment is 'underpinned by strong economics' according to IEA executive director Fatih Birol

Clean energy spend rising but fossil fuels still dominate

Investment in clean energy is rising in the Middle East but spending on hydrocarbon production still dominates, the International Energy Agency (IEA) has said. In its World Energy Investment report published on Thursday, the Paris-based watchdog said that for every $1 invested in fossil fuels in the region, only 20 cents was allocated to clean […]

energy strategy Aramco Amin Nasser

Energy transition strategy ‘visibly failing’, says Aramco CEO

Saudi Aramco’s chief executive believes the current global energy transition strategy is “visibly failing on most fronts” and needs an urgent reset.   Despite $9.5 trillion of investment in the past two decades, other energy sources have still not scaled up sufficiently to offer an alternative to hydrocarbons, Amin Nasser told the CERAWeek by S&P Global […]

Workers at a uranium mine in Kazakhstan, which produces 43 percent of the world's total

Uranium prices rise with demand for nuclear power

Barakah in the UAE, Dabaa in Egypt, Bushehr in Iran and Akkuyu in Turkey. Nuclear energy is now seen by many countries as central to emissions reduction. It is little surprise then that demand for feedstock – mainly uranium – has been spiking. Prices for the mineral, which is critical to the production of nuclear power […]

Al Jaber and IAE representatives met in Paris and discussed ways to support climate change commitments

Take action to keep climate goal in reach, urges Al Jaber

The UAE consensus achieved at the Cop28 summit in Dubai set a clear roadmap for keeping global temperature rise to within 1.5C. Now the world must turn the plan into action and results, said Cop28 president Sultan Al Jaber.  Al Jaber told the International Energy Agency roundtable in Paris on Tuesday that all stakeholders must […]

Cop28 president Sultan Al Jaber said 'polarisation and pointing fingers' would not help to maintain the momentum gained at the 2023 event

UAE maintaining Cop28 momentum with ‘Troika’ partnership 

Cop28 host the UAE has reached an agreement with future hosts Azerbaijan and Brazil to make sure the momentum achieved at the event in Dubai continues throughout the next two climate summits. The Cop Presidencies Troika (group of three) was launched at Dubai’s Expo City with the aim of sticking to the 1.5C maximum global […]

middle east aviation 2024

UAE’s daily air traffic hit all-time high on first day of Cop28

The UAE’s airports witnessed a 15 percent increase in air traffic during the Cop28 summit, held at Expo City Dubai from November 30 to December 12. Al Maktoum International Airport recorded the highest number of scheduled and unscheduled flights, such as private and business jets, on the first day of the conference, Saif Al Suwaidi, […]

Young West African activists demanding action on climate change

Doha-based carbon credit group signs West Africa deal

The Qatar-backed international carbon credit programme Global Carbon Council (GCC) has signed a deal to develop decarbonisation projects in West Africa. The Doha-based GCC signed the agreement at the UN climate conference Cop28 in Dubai last week with the West African Alliance for Carbon Markets and Climate Finance (WAA), a group of 16 West African […]

Abu Dhabi's Jubail Mangrove National Park features several kilometres of walkways

Why the UAE is focusing on mangrove conservation

A crab scuttles across the mud, side-stepping exposed mangrove roots until it dips into a hole, as a western reef heron perches between sprouting seedlings.  Another comes along and the scene is repeated across Abu Dhabi’s Jubail Mangrove National Park, where people are meandering along a 2km boardwalk on a December morning.  An hour away, […]

Cop28 agriculture UAE

Cop28 funds pave the way for Mena agricultural innovation

In 2022 Morocco suffered its worst drought in 40 years. It had a devastating impact on agricultural productivity – the country’s cereal production plunged by 60 percent and 280,000 jobs were lost. Thousands of miles to the east, motorists on the main road from the UAE to Oman see dead and dying palm trees on […]