Sustainability

    Israeli ministry blocks UAE pipeline deal, citing risk to the Red Sea

    Environmental protection ministry says allowing dozens of oil tankers to enter the Red Sea resort of Eilat will cause pollution, Middle East Eye reports. Israel’s Ministry of Environmental Protection said on December 16 that it would not allow oil tankers to enter the Red Sea resort of Eilat, as was planned under a deal with […]

    Liwa Plastic Industries Complex in Oman officially commissioned

    High Highness Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan, presided over the launching ceremony of Liwa Plastics Industries Complex (LPIC), a RO 2.7-billion mega project of OQ, at Suhar Industrial Port, on December 13, Oman Observer reports. The LPIC is […]

    Kuwait’s Expo 2020 Dubai pavilion plots a course to a more sustainable future

    Since their inception in the mid-19th century, World Expos have provided countries of all sizes and degrees of wealth with a rare opportunity to curate their own national narrative, and tailor their preferred image – past, present and future – before a global audience, Arab News states. Specific elements of a nation’s heritage, culture and […]

    Bloomberg identifies natural disasters among the top 10 risks to the global economy in 2022

    Most economists expect the global economy to grow in 2022, but their forecasts may be wrong, according to a Bloomberg report released on December 13. Below there are the most significant economic risks for 2022. “Most forecasters expect a confident recovery of the economy, lower prices, the departure of governments from the emergency monetary policy,” […]

    The UAE Minister of Climate Change and Environment tours Panama Pavilion at Expo 2020 Dubai

    Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, toured the Panama Pavilion at Expo 2020 Dubai, themed ‘An introduction to the endless opportunities in Panama’, WAM reports. Any Lam Chong, Director of the Panama Pavilion, welcomed Minister of Climate Change and the Environment and accompanied her on the tour. Through a virtual […]

    Saudi Arabia launches bid to host World Expo 2030 in Riyadh

    Saudi Arabia took part in a virtual general assembly meeting of the Bureau International des Expositions held in Paris to start the candidature process, which will take place in five stages and will end with a vote at the end of 2023. The Kingdom delivers virtual tours highlighting capital as ‘a prosperous, sustainable city of […]

    Mariam Almheiri highlights the importance of innovation in sustainable development at the ABB Seminar at Expo 2020 Dubai

    Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, today delivered a keynote speech at the ABB Seminar on Innovation and Learning for Sustainable Solutions at the Swedish Pavilion at Expo 2020 Dubai, WAM reports. Co-hosted by the Governments of Sweden and Switzerland and the Swedish-Swiss multinational corporation ABB, the high-level event drew […]

    Eco-friendly worship: The ways some Muslims are protecting the environment

    From using sustainable water sources to renewable energies, mosques worldwide are looking to combat climate change. Let’s read more in the Middle East eye article. On the cover: Cambridge Mosque is the first purpose-built eco-designed mosque in Europe (Creative Commons). *** When it comes to climate change, many Muslim-majority states are leading the way for […]

    Responsible finance urged for Middle East-linked FinTechs

    The Responsible Finance and Investment (RFI) Foundation, in partnership with HSBC Middle East Ltd, is working to accelerate the adoption of responsible finance by FinTechs, GDNonline reports.  The newly-launched RFI’s Global Virtual Innovation (GVI) Hub is striving to bring responsible finance to the forefront at FinTech startups during their early development stages. The goal of […]

    Using sustainable finance theory to save the environment

    People usually perceive the finance sector to be the environment’s arch-enemy, with its supposed fixation on short-term profits, whatever the cost. However, the theories the Goldman Sachses of this world use to make money can also be used to save the environment, if we are open-minded enough to get past the stigma of big finance, […]