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Sustainability

UAE chases 7% growth to double economy to over $800bn

UAE sets target to achieve 40% cut in carbon emissions by 2030

Sectors such as power and water generation, heavy industry, transport, waste, buildings, and agriculture will reduce emissions as per specific sectoral targets

Emirates NBD introduces carbon market trading -GettyImages-630846210

UAE’s Emirates NBD introduces compliant carbon market trading

The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals

Sheikh Hamdan inaugurates phase 1 of waste-to-energy Centre in Warsan Image Dubai Media Office

Sheikh Hamdan launches first phase of world’s largest waste-to-energy project

The facility can process two million tonnes of waste per year without any adverse environmental impact

Abu Dhabi Global Market introduces Sustainable Finance Regulatory Framework Image ADGM

Abu Dhabi Global Market introduces regulatory framework for sustainable finance

The framework complements ADGM’s existing regulation of carbon offsets, facilitating the establishment of the world’s first regulated carbon offsets exchange and clearing house

steel

Tata Steel says it won’t reach emissions goal with current tech

Global steelmakers face technological hurdles as well as massive costs to green their operations

climate

Macron calls for fresh overhaul of global taxation to support climate finance: Paris Summit

The French president hosted world leaders to discuss new ways to support climate financing

cop28 president designate

Dr Sultan Al Jaber calls for solidarity before COP28 conference

The two-day Paris gathering aimed to overhaul the climate finance system that is targeted at countries most vulnerable to global warming

DP World picks up momentum on electrification projects at Port of Santos, Brazil Image DP World

DP World picks up momentum on electrification projects at Port of Santos, Brazil

A total of 22 diesel-fuelled rubber tyred gantry container handling cranes units will be electrified by the end of next year, with an investment over $16.2m

sustainable development

How cybersecurity is helping global sustainable development

Cybersecurity requires a holistic view of the many different factors that contribute to our digital security, says Kaspersky

Relief, Recovery and Peace Day

UAE to introduce ‘Relief, Recovery and Peace Day’ during COP28

The UAE Minister of Climate Change and Environment chaired the event, which examined the impact of climate change on the responsibilities and operations of UN peacekeeping and special political missions

Ministry of Energy & Kazakh MoE, ACWA Power Roadmap Signing Image credit ACWA Power

Saudi’s ACWA Power sets roadmap for $1.5bn wind energy project in Kazakhstan

With the head of terms agreement announced earlier this year, the 1GW wind project represents ACWA Power’s entry into Kazakhstan

Ecity - Cartlow sign agreement Image credit Cartlow

Cartlow, E-City launch sustainable device subscription programme

The initiative provides customers with affordable and convenient options to prolong the life cycle of their devices and reduce electronic waste

JEPLAN and Rebound to collborate Image credit Rebound

UAE’s Rebound, JEPLAN to jointly explore set-up of recycle PET market in the UAE

Through a joint study, the companies will seek the participation of partner companies in the UAE to establish a supply chain for recycled PET in the UAE

UAE carbon alliance launches Image Credit Getty Images

UAE Carbon Alliance launches; founding members include FAB, TAQA, ACX, Masdar

The alliance aims to establish national cooperation in decarbonisation efforts, develop frameworks for carbon financing and increase knowledge of the carbon market

electric vehicles

RTA, Al Futtaim Automotive to deploy 360 hybrid, electric vehicles

The agreement includes the deployment of 250 electric vehicles, and 100 hybrid vehicles, in line with the UAE’s net zero by 2050 objective

ETF ESG

Are ESG-themed ETFs losing steam?

Data shows that ETF issuers are losing tolerance for ESG as closures surge

Desolenator

Silal partners with Desolenator on agricultural solar-powered desalination project

The project aims to contribute to the decarbonisation of food production in desert climates by significantly lowering the carbon footprint of the desalination process

renewable

What counts as a carbon credit?

The UN panel’s final decision will have huge consequences for the carbon removal industry, as well as the direction the world takes when it comes to pulling carbon from thin air

COP28 preparatory talks

COP28: Dr Sultan Al Jaber meets Ursula von der Leyen for climate talks in Brussels

The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai

UAE SCA to-waive-fees-for-firms-listing-green-bonds-sukuk-in-2023-Getty Images-1061630236.jpg

Registration fee waiver for firms listing green bond, sukuk in local market: SCA

The SCA board approved the decision to exempt the fee for this year for companies planning to list their sustainability-linked bond or sukuk

UAE Egypt sign deal to build 10GW_wind farm Image Masdar

UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn

The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030

healthcare systems

Preserving health and planet: The imperative of sustainable healthcare systems

The interconnection between sustainability and climate change in the healthcare sector is crucial for safeguarding the future of both our planet and the human race

Eugene Willemsen pepsico_CEO AMESA on ensuring packaging doesnt enter landfills Image PepsiCo

Insights: Building a world where packaging never becomes waste

Investing in sustainable packaging alternatives needs to go hand in hand with waste management efforts to improve collection and recycling infrastructure

Emirates to recycle onboard items as part of its new closed loop recycling initiative Image credit Emirates

Emirates to recycle plastic trays, items used onboard into new products

The airline has launched a new closed-loop recycling initiative, which will see millions of onboard items recycled in a local facility into fresh, ready-to-use products

World Environment Day. - Getty Images

World Environment Day 2023: 50 years on the transition to a circular economy

Held annually since 1973, and marked by millions, this day is the largest global platform for environment action

UAE launches nationwide sustainability awareness campaign Image: Credit Getty Images

COP 28: New national campaign launches to raise sustainability awareness

The campaign aims to spread awareness about UAE’s environmental sustainability issues, encourage community engagement and support climate action strategies ahead of COP28

Charles Mellagui of Ducab Sustainability in the Fourth Industrial Revolution

Insights: Sustainability in the Fourth Industrial Revolution

Industry 4.0 can help manufacturing companies achieve their sustainability goals by improving operating efficiency, optimising cost, and eliminating sustainability issues right at the point of product design

Beeah ISWA Roland Berger standard for recycling image ISWA Roland Berger

COP28: BEEAH, ISWA, Roland Berger to develop first certified global standard for recycling credits

Using blockchain technology, the new standard will authenticate and incentivise recycling activity globally, helping companies receive recycling credits and achieve sustainability targets

emirates steel arkan DNV to boost decarbonisation through five-year collaboration Image credit emirates steel arkan

Emirates Steel Arkan, DNV to drive decarbonisation in steel, building materials industry

The two entities have signed a Decarbonization Strategic Collaboration Agreement as part of a five-year collaboration

RTA reveals net zero operations plan image RTA

Here’s how Dubai’s RTA will transition to zero-emission operations by 2050

The strategy will help reduce carbon dioxide emissions by 10 million tonnes and contribute to financial savings worth Dhs3.3bn in comparison to current operations