Tag: climate action
Etihad Rail Launches Sustainable Finance Framework to Support Green Initiatives
Etihad Rail, the developer of the UAE’s national railway network, has introduced a sustainable finance framework aimed at funding projects that contribute to environmental, social, and governance (ESG) goals. This initiative aligns with the UAE’s broader...
Wires and Cables Industry Leads in Decarbonization Initiatives
The wires and cables sector is increasingly focusing on reducing its environmental impact by embracing decarbonization and sustainability practices. As the global market is projected to grow from $258.42 billion in 2024 to $321.58 billion by 2028, industr...
Riyadh Air Launches First Electric Bus for Sustainable Transit
Riyadh Air has introduced its inaugural electric bus as part of a broader initiative to enhance sustainable transportation in the city. This launch marks a significant step in the airline’s commitment to reducing carbon emissions and promoting environment...
Reliance Poised for Major Expansion in Renewable Energy
Reliance Industries, a prominent player in India’s energy sector, is gearing up for a significant expansion in its renewable energy portfolio. This strategic move aligns with global shifts towards sustainability and positions the company as a leading forc...
Cogo and Saascada Collaborate to Cut Carbon in Finance
Cogo and Saascada have announced a strategic partnership aimed at reducing the carbon footprint of the financial industry. The collaboration will integrate Cogo’s carbon footprint management technology with Saascada’s digital banking platform, enabling ba...
Forbes International Tower Achieves Zero Carbon Certification Milestone
Forbes International Tower, a 55-story commercial building located in Egypt’s New Administrative Capital, has officially registered as the world’s first zero-carbon certified tower. This landmark achievement is a collaboration between Forbes and Magnom Pr...
JLL and Mashreq Pursue LEED Zero Carbon Certification for Global HQ
Mashreq Bank, in collaboration with JLL, has embarked on a significant environmental initiative, aiming to secure LEED Zero Carbon certification for its global headquarters. This ambitious project marks a pivotal step in Mashreq’s sustainability strategy,...
Older Adults Mobilize Against Climate Change
Older adults are increasingly taking the lead in the fight against climate change, using their time, experience, and resources to make a significant impact. Despite the physical vulnerabilities they face due to climate change, such as increased susceptibi...
Estimates of Climate Change Costs Remain Uncertain
As governments and organizations push to quantify the financial impact of climate change, many face a significant challenge: the unpredictability of temperature fluctuations and human behavior. This uncertainty complicates efforts to project the economic...
Masdar and TotalEnergies Launch Green Hydrogen to SAF Project
Masdar and TotalEnergies are embarking on a groundbreaking initiative to convert green hydrogen into sustainable aviation fuel (SAF) in Abu Dhabi. This innovative project represents a significant step in advancing clean energy technologies and aims to tra...
Methane Surge Since 2020 Attributed to La Niña and Wetlands
Methane levels in the atmosphere have seen a significant rise since the early 2020s, with researchers pointing to La Niña events and warming wetlands as key contributors. According to a comprehensive study, these natural phenomena have amplified methane e...
Kerala Landslides Linked to Arabian Sea Warming?
Kerala is grappling with devastating landslides in Wayanad, which experts believe are connected to the warming of the Arabian Sea. Scientists emphasize the role of climate change, excessive mining, and deforestation in exacerbating these natural disasters...
Dubai Advances Clean Energy Strategy with Innovative Projects
Dubai continues its strides towards a sustainable future by accelerating its clean energy initiatives. This ambitious plan aims to provide 100% of the emirate’s energy production capacity from clean energy sources by 2050, aligning with the Dubai Clean En...
Al Jalila Foundation and Positive Zero Agree on Decarbonization
Al Jalila Foundation has taken a significant step towards environmental sustainability by signing a decarbonization agreement with Positive Zero, a prominent firm specializing in carbon reduction technologies. This collaboration aims to implement comprehe...
Yellen: $3 Trillion Yearly for Climate Financing
The global fight against climate change requires an annual investment of $3 trillion, according to Treasury Secretary Janet Yellen. This figure vastly exceeds the current levels of climate financing and highlights the urgent need for increased funding to...