Tag : COP28

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Abu Dhabi advances climate adaptation tools

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Environment Agency – Abu Dhabi said the emirate is continuing to advance science-based environmental programmes and innovative tools to strengthen climate adaptation, protect natural resources and preserve biodiversity, as the world marks World Environment Day...
UN warns of fastest sea level rise in three millennia
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UN warns of fastest sea level rise in three millennia

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United Nations Secretary-General António Guterres issued a stark warning on the dire consequences of rising sea levels during a press conference in Tonga, following the Pacific Islands Forum. Highlighting the unprecedented rates of sea level...
UAE's Masdar invests £11B in UK offshore wind farm
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UAE’s Masdar invests £11B in UK offshore wind farm

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Abu Dhabi Future Energy Company PJSC – Masdar, a prominent clean energy entity based in the UAE, has finalized its purchase of a 49 percent stake in the 3-gigawatt (GW) Dogger Bank South (DBS) project,...
World Bank targets $10 billion climate aid for MENA by 2025
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World Bank targets $10 billion climate aid for MENA by 2025

manamalive.com
The World Bank has announced an ambitious plan to escalate climate financing in the Middle East and North Africa (MENA) region, aiming to allocate $10 billion by 2025. This commitment was confirmed by Meskerem Brhane,...
Innovative construction solutions unveiled at Dubai’s Big 5 Global
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Innovative construction solutions unveiled at Dubai’s Big 5 Global

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Dubai has once again cemented its status as a global hub for innovation and sustainability with the launch of the 44th edition of Big 5 Global, the most influential construction industry event in the Middle...
$9 billion boost from Global Fund for climate-impacted health systems
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$9 billion boost from Global Fund for climate-impacted health systems

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In a significant move at the COP28 summit, the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) announced a major redirection of its resources. Over the next three years, the organization will allocate...
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
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Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

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In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year. The decision, led by Saudi Arabia's commitment to maintain its...
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UAE and Mongolia strengthen ties with strategic agreements in Abu Dhabi

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In a landmark meeting at Qasr Al Bahr, UAE President Sheikh Mohamed bin Zayed Al Nahyan received Mongolian President Ukhnaa Khurelsukh, who is on a working visit to the Emirates. The two leaders discussed various...
Maritime's green future priced at $28 billion annually until 2050 by UNCTAD
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Maritime’s green future priced at $28 billion annually until 2050 by UNCTAD

manamalive.com
The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm for a swift and inclusive shift towards a green maritime industry. Launched on the eve of World Maritime Day, UNCTAD's Review of...