By making products safer, more efficient, and reliable, we can drive growth while also working towards a healthier planet
net-zero emissions
carbon emissions
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
carbon emissions
Why COP26 was disappointing and climate change needs more urgent action
We are much further along the road to 2030 today, compared to 2015, but progress is much too slow and experts agree that we are not on track to reach the goals
carbon emissions
The role of industrial clusters in advancing the energy transition
As nearly 70 percent of the global economy commits to net zero, industry leaders and governments need to explore solutions to accelerate this transition while ensuring profitability
COP26
Oil producers move from feeling “unwanted at COP26” to “superheroes” ahead of COP27: report
At COP26, nations asked financial institutions to limit the financing of new oil and gas projects, and six months after that they’re asking for more oil, the UAE Minister of Energy Suhail Al-Mazrouei pointed out
AB In Focus
AB Talks: The Middle East energy transition is not a “zero sum game” and needs to be more inclusive
Dr Ahmed Ali Attiga, the CEO of the Arab Petroleum Investments Corporation (APICORP) talks to Arabian Business about energy diversification strategies, private sector partnerships, the repercussions of the Russia-Ukraine crisis, and other challenges facing the energy sector in 2022
Antonio Guterres
UN sets up panel to examine private sector net-zero pledges without “naming and shaming” firms
The 16-member panel will make recommendations on the standards and definitions for setting net-zero targets, how to measure and verify progress, and ways to translate that into international and national regulations
Abu Dhabi
UAE’s ENEC doubles clean electricity generation as it starts commercial ops at Unit 2 of Barakah Nuclear Plant
When all four units begin operating commercially, the Barakah Nuclear Plant will produce up to 25 percent of the UAE’s electricity needs
Bahrain F1
A “green” Grand Prix: Bahrain International Circuit exceeds target to offset F1 event emissions with solar project
The photovoltaic (PV) project will be operational on race weekend, powering the Bahrain GP with solar, sustainable energy. The Bahrain International Circuit has also installed its first electric vehicle charging stations
carbon emissions
How international trade can help tackle climate change
Moving to a zero-carbon economy will require unprecedented levels of investment to transform our energy, transport, housing and wider infrastructure
AB In Focus
AB Talks: Collaboration can help the Middle East hit its green targets, says roundtable of experts
Lessons from green initiatives in Europe can help the region reach net zero
Bel Groupe
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
Business sustainability
The next phase of business sustainability will require major change in attitudes, policies
While there has been a lot of progress in sustainability at the individual company level, governmental action is needed to realise net-zero carbon emission targets
carbon emissions
Here’s how you invest for climate change
Investors can participate in the goal of achieving global net-zero
carbon emissions
Dubai’s Supreme Council of Energy approves plan to cut carbon emissions by 30 percent
The plan was made in support of the UAE’s goal to hit net zero carbon emissions by 2050.
energy business
ExxonMobil reports biggest net profit in seven years as oil price surges
The oil giant generated $48 billion of cash flow from operating activities, the highest level since 2012
carbon emissions
Virgin Mobile Middle East CEO on achieving green ambitions
CEO and founder of Virgin Mobile Middle East and Africa Erik Dudman Nielsen spoke with Arabian Business about achieving net-zero emissions and their ambitions for going carbon negative
