Tag : sustainable development

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OPEC Fund commits $2bn to boost Africa’s development

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VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the period 2026 to 2030, reaffirming its ongoing financial support for...
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UAE and Korea strengthen cooperation in energy and advanced industry

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SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
OPEC Fund co-finances Africa’s largest onshore wind power project
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OPEC Fund co-finances Africa’s largest onshore wind power project

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The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind power project in Egypt’s Gulf of Suez, expected to power 1M homes and cut emissions by 2.5M tons annually....
India to fully power Andaman and Nicobar Islands with renewable energy
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India to fully power Andaman and Nicobar Islands with renewable energy

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India’s Andaman, Nicobar, and Lakshadweep islands will run entirely on renewable energy, as announced by Home Minister Amit Shah to promote sustainability and clean energy solutions....
Global population reaches 8.156 billion in 2024, reports show
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Global population reaches 8.156 billion in 2024, reports show

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The global population has risen to 8.156 billion in 2024, an increase of 82 million over last year, with projections indicating further growth despite slower fertility rates....
OPEC Fund signs €50 million loan agreement with Montenegro
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OPEC Fund signs €50 million loan agreement with Montenegro

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OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the World Bank and AfD....
Britain’s climate efforts boost ranking to third in global index
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Britain’s climate efforts boost ranking to third in global index

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Britain climbs to third globally in climate rankings, reflecting ambitious policies, including renewable energy and emissions targets....
UAE allocates $100 million to combat hunger at G20 summit
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UAE allocates $100 million to combat hunger at G20 summit

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The UAE, represented by Sheikh Khaled bin Mohamed, pledged $100 million to global anti-hunger efforts at the 19th G20 Summit in Brazil, highlighting its commitment to sustainable global development....
Sheikh Abdullah bin Zayed meets India’s external affairs minister in Abu Dhabi
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Sheikh Abdullah bin Zayed meets India’s external affairs minister in Abu Dhabi

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Sheikh Abdullah bin Zayed and Dr. Subrahmanyam Jaishankar discussed UAE-India strategic partnerships, economic cooperation, and mutual interests, reinforcing their commitment to sustainable development and prosperity....