Author: EcoLife

    EU unveils sustainable finance strategy to tackle climate change
    12 Jul 2021

    The European Commission presented a strategy for sustainable financing to combat climate change and the European standard for “green” bonds. Also, it adopted a delegated regulation regarding the disclosure of information by financial and non-financial companies about the degree of stability of their activities. “A sustainable finance strategy is key to leveraging private finance to […]

    Battle for the Nile: Why Ethiopia’s GERD reservoir filling may be just the start of Egypt’s worries

    Amid calls for renewed talks and a last-minute UN intervention, the stark truth becomes apparent as Ethiopia begins filling the reservoir of its controversial Grand Ethiopian Renaissance Dam (GERD). There is simply not enough water to meet the rapidly growing needs of all 11 nations dependent on the Nile basin, Arab News reports. The GERD […]

    The climate crisis will create two classes: those who can flee, and those who cannot
    11 Jul 2021

    Nearly 700 million people worldwide live in low coastal zones vulnerable to sea-level rise and coastal storms. That number could reach a billion by 2050, The Guardian states. Let’s check the article written by Peter Gleick. He is co-founder of the Pacific Institute, a hydrologist and climatologist, and a member of the US National Academy […]

    Automotive exhaust diamonds and fuel cells of the future: groundbreaking projects to help us in nature conservation

    Eco-activists, entrepreneurs, and scientists shared with Knife media their observations, research, and concerns about the state of the environment, as well as suggested methods by which the ecological situation can be changed for the better. Journalists talked with the experts about how fertile soil can absorb carbon dioxide, and what fuel will replace oil. Alexey […]

    DEWA completes 84.52% of 4th phase of H-Station in Al Aweer
    11 Jul 2021

    Dubai Electricity and Water Authority (DEWA) has completed 84.52% of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments totalling AED1.1 billion, WAM reports. This phase will increase the station’s total capacity to 2,825MW under climate conditions of up to 50° Celsius. The project is expected to be […]

    “Seaspiracy”: let’s treat fish not as seafood, but as wildlife
    11 Jul 2021

    We’ve already written about the significant movies on the environmental and animal protection issues here and here. Let’s check George Monbiot, The Guardian columnist, opinion about the “Seaspiracy” documentary (2021). When the BBC made a film about the crisis in our oceans, it somehow managed to avoid naming the greatest cause of their ecological destruction: […]

    Saudi Electricity agrees $500m green credit facility in ESG push
    11 Jul 2021

    Saudi Electricity Company (SEC) has agreed a $500 million green lending facility. The financing was guaranteed by the Japan Bank for International Cooperation (JBIC), to support SEC’s green projects across its transmission and distribution networks, the utility said in a stock exchange filing on July, 6. Several other Japanese banks participated in the 12-year facility, […]

    World Future Energy Summit in the UAE signs key stakeholder agreements
    10 Jul 2021

    World Future Energy Summit, part of Abu Dhabi Sustainability Week, has signed key stakeholder agreements with the Ministry of Energy and Infrastructure, Bee’ah and EDF Renewables, WAM reports. The event, which provides a platform to showcase clean energy and sustainable projects, initiatives, and developments for the Middle East – will be held in Abu Dhabi’s […]

    Billionaire Jim Mellon, the guest of the Future of Dubai Foundation: “In 10 years there will be no more dairy products”

    Livestock is a dying branch of the agricultural industry. Half of all meat and fish will soon be produced using new technologies. This is a statement of the famous billionaire and philanthropist Jim Mellon at the event of the Future of Dubai Foundation, discussing the topics of the agricultural revolution and longevity, Euronews reports. He […]

    Should we create miniature forests instead of parks in the world’s megacities?

    The Japanese botanist has figured out how to quickly grow a forest in the middle of the city. Now his services are in full swing in cities around the world, The Economist reports. Wild forests, which are described below, no longer need to be ennobled: in the world, fashion recommends creating the forest in the […]