World Rallies for Global Climate Shift as COP28 Spurs Progress across Sectors
The groundwork laid at COP28 last year at Dubai has ignited transformative changes that will continue to unfold as COP29 takes shape.
UNFCCC Calls for Stronger Climate Action as COP29 Begins in Azerbaijan
The UNFCCC calls on stakeholders to turn climate promises into action, stressing finance, transparency and multilateral cooperation as essential tools for achieving global climate goals.
Tokenized Carbon Credits To Power $100 Billion Market By 2030
Major financial institutions are leveraging Fils’ platform to process payments that automatically offset carbon emissions associated with their business activities.
Renewables Power 30% of Global Electricity, Says Ember
Ember’s findings show a significant increase in renewable energy generation in 2023, up from 29.4% the previous year. This growth is attributed primarily to a rise in solar power projects, which significantly boosted overall renewable capacity.
$12 Trillion Investment is Required for Global Renewable Energy Expansion
COP28 President Al Jaber outlined four key priorities essential for advancing climate finance: infrastructure, technology, people, and support for the Global South.
UAE Spearheads Global Sustainability Efforts with Innovative Strategies
UAE is focusing on securing investments in low-carbon technologies through innovative platforms like the Climate Finance Centre in Abu Dhabi, which is set to propel financial solutions for sustainable projects.
DFSA Launches ESG Fee Waiver, Emirates NBD the First Beneficiary
This is the first such fee waiver as announced by DFSA during COP28, aiming to bolster sustainable capital markets within the Dubai International Financial Centre.
UAE Leads a Wave of Hydrogen Fuel Projects in the GCC
The UAE is increasingly focusing on hydrogen in their energy transition strategies. This shift positions the country as a potential leader in hydrogen production, storage and transportation, leveraging the role of sustainable energy solutions in combating climate change.
UAE Augments Commitment to Climate Action: A Leap Towards Sustainable Future
The UAE Council for Climate Action has committed to intensify climate action efforts that augment the nation’s commitment to a sustainable future, a development following the recent COP28 conference
COP28: A Beacon of Hope for a Sustainable Future
As the largest COP in history concluded in Dubai, the conference agreed on some of the landmark decisions such as transition away from fossil fuels, loss and damage and cutting down methane emissions