Technology is helping secure the future of food in the UAE
COP27
Latest in COP27
clean energy
UAE and Egypt progress with $10bn wind farm
UAE’s Masdar and Infinity Power advance $10bn wind farm Egypt
climate action
Middle East’s youth face grim future if education fails to act
Education, sustainability and climate change are intrinsically linked
climate change
UAE names Cop28 President-Delegate
The UAE has named Dr. Sultan Ahmed Al Jaber as President-Designate for Cop28
climate change
Looking ahead: The road to COP28
By 2030, there are expected to be more than 38 million jobs in the renewables sector
ACWA Power
Saudi Arabia’s NEOM announces new green hydrogen plans
The move is part of the kingdom’s efforts to built the world’s largest green hydrogen-based ammonia production plant for the futuristic city
carbon emissions
UAE railway will help in the ongoing battle against climate change
Etihad Rail is committed to driving forward practical solutions within the public and private sectors to fast-track the move towards a green economy, support positive impact, achieve the UN Sustainable Development Goals and deliver upon the vision of a ‘better future for all’
COP27
COP27: Rich nations agree historic deal to pay developing countries for climate change damage
COP27 ended with landmark agreement on loss and damage fund
COP27
Masdar expands consortium for 2GW green hydrogen project in Egypt with addition of 3 state-owned entities
Egyptian New and Renewable Energy Authority, Egyptian Electricity Transmission Company the Sovereign Fund of Egypt are the new members of the consortium which will be implementing the project in the Suez Canal Economic Zone
COP27
Saudi Arabia asserts climate change stance at Cop27
Oil producers make their presence felt at COP27 as they highlight importance of reducing emissions
ACWA Power
Saudi NEOM’s funding for $5bn green hydrogen plant ‘almost done’, says ACWA
The project, valued at $5billion, has begun construction in the north-west of kingdom, and is “very much on track” to be finished by 2026
COP27
Climate activists wrong about Saudi Arabia, says energy minister
Saudi Arabia proud of example set to hydrocarbon and energy producers
carbon emissions
UAE technology conglomerate e& pledges net-zero operations by 2030
The group said it would reduce its carbon footprint through improving energy efficiency and sourcing renewable energy among other initiatives
Arab Coordination Group
Arab Coordination Group to provide up to $24 billion financing by 2030 to address the global climate crisis
The corpus, put together by regional and international development financial institutions, is to support the acceleration of energy transition, increased resilience of food, transport, water and urban systems in LCDs and small island developing states
COP27
UAE green bonds, sukuk market valued at $17 billion
The size of the global market for green sukuk in 2020 was estimated at $1 trillion
Clean Earth Technologies
MCT strikes mega-deal with Singapore
The timing of the collaboration move is significant as it resonates with the current climate change talks in the region in the backdrop of the COP27 meet in Egypt
clean energy
AIIB, Global Energy Alliance to mobilise $1 billion for co-financing green energy transition, renewable energy projects
AIIB, Global Energy Alliance to mobilize $1 billion for co-financing green energy transition, renewable energy projects