The UAE, in particular, has taken a significant step towards sustainability leadership ahead of COP28, with a resolute commitment to achieve net zero emissions by 2050.
Global warming
Extreme weather events: Over two million deaths, $4.3 trillion economic losses in 50 year, says WMO
According to the global body, weather, climate and water-related hazards caused close to 12,000 disasters between 1970 and 2021
We can halve emissions by 2030 – but only by embracing science-based targets
Net zero is now common parlance in boardrooms across the globe. But achieving it requires action aligned to evidence-based commitments
European temperatures skyrocket over twice the global average: WMO
As the climate continues to change, European people’s health is expected to be impacted in many ways, including death and illness from increasingly frequent extreme weather events
UAE private jets look to sustainable fuels amid climate change backlash
US-based celebrities like Taylor Swift, Kylie Jenner, Drake, among others have received backlash for taking jaunts that lasted less than 20 minutes, this year so far
Climate inaction could cost the global economy $178 trillion over the next 50 years: report
If global leaders unite in a systemic net-zero transition, the global economy could see new five-decade gains of $43 trillion — a boost to global GDP of 3.8 percent in 2070
Video: Five critical actions needed to jump-start the energy transition
Climate change has wreaked a heavy toll of human lives, led to billions of dollars in economic losses, and has triggered shocks for food and water security across the globe, a report said
Egypt Ministry of Petroleum, Italy’s Eni begin project to capture and store CO2
Oil and gas giant Eni will invest $25 million to capture and store up to 30,000 tonnes of excess carbon dioxide from the atmosphere annually
Oil demand could peak by 2025 as energy transition gains steam
Global warming is projected to exceed 1.7°C by 2100, necessitating more ‘ambitious acceleration,’ to reach a 1.5°C pathway, McKinsey report indicated
How much electricity did Dubai save during Earth Hour 2022?
Dubai recorded the highest ever savings in terms of electricity consumption since 2008, when the Earth Hour initiative was first observed in the emirate
Middle East private sector needs to support region’s net-zero ambitions: Bel Groupe
Private sector action is crucial for the Middle East to achieve its carbon emission goals, French multinational food firm Bel Groupe says
Here’s how you invest for climate change
Investors can participate in the goal of achieving global net-zero
How humanity has reached a ‘code red’ climate emergency
The good news is that there is still a sliver of hope to help communities respond to this threat through well-informed, solid and sustained actions
How climate change can create jobs in the MENA region
A world with low-carbon energy sources could lose 9.5m fossil fuel jobs, but gain a whopping 17.4m renewable jobs
The increasing role of ESG investments in the race to zero
Environmental, social, and corporate governance (ESG) investments represents a third of the assets under management, according to Bloomberg Intelligence
The GCC region confronts the climate change quandary
If necessity is the mother of invention, the Middle East is responding to the challenge
Video: The carbon cycle is key to understanding climate change
Until a few hundred years ago there was a perfect balance of carbon dioxide in the Earth’s atmosphere.