In a joint statement, over 80 civil society organisations have outlined their opposition to the use of carbon credits for offsetting purposes, arguing it could delay climate action. In the …
"emissions"
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Hamad International Airport in Doha, Qatar, has announced its partnership with Siemens to optimise its district cooling infrastructure. The company shared that the move was aimed at reducing electricity consumption …
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Now that the quinquennial electoral tussle for seats in the European Parliament is over, European politicians must shift quickly from competing against one another to helping Europe compete globally. Even …
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UAE-based Islamic financial services institution Ajman Bank PJSC has signed a ten-year Shared Savings Energy Performance Contract (SSEPC) with Positive Zero. The deal includes the implementation of eight energy efficiency …
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DP World and Zhejiang Seaport Group have inked a strategic partnership, it has been announced. The partnership is aimed at strengthening port logistics and shipping routes between Jebel Ali Port …
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Latest News
100+ Organisations & Experts Call on FAO to Retract UN Report, Citing Serious Errors
by salehIn a joint letter, more than 100 organisations and academics have called on the FAO to retract a major UN report over “serious methodological errors” that “downplay” the environmental impact …
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Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion (AED11 billion) green financing facility. The credit …
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In 2023, the Islamic financial institution Abu Dhabi Islamic Bank (ADIB) financed and facilitated a total of AED 5.567 billion in sustainable finance activities, according to its annual Environmental, Social, …
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Developing storiesMobility
SingAuto Plans to Build “World’s Largest” Commercial EV Industrial District in UAE
by salehGlobally, logistics and transport contribute over a third of emissions, and that figure will continue to grow without action. Indeed, industry decarbonisation is imperative, and according to the International Energy …
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A new report from environmental campaigning organisation Greenpeace titled ‘Bankrolling Bitcoin Pollution: How Big Finance Supports a New Climate Threat’ provides some of the first independent estimates of the carbon …