It could cost more than $130 billion a year to end deforestation by the end of this decade, a report by a group of financiers, energy industry executives and academics has found. The Energy Transitions Commission, which counts senior BP and BlackRock employees among its members, said the analysis was an estimate of the funds needed “to overcome the […]
The UAE Ministry of Climate Change and Environment hosted a special event to accelerate the country’s journey to net-zero emissions by 2050. The session, held as part of the country’s National Dialogue for Climate Ambition, highlighted the gaps in climate finance for decarbonisation of the economy and urged everyone — particularly in private-sector financial entities — to increase green […]
About half of global corporate executives say worsening economic headwinds are hampering progress on their sustainability initiatives, a Google Cloud survey has found, as companies are caught in the crosshairs of environmental pressures and a slowing global economy. Difficulties in accurately measuring environmental, social and governance (ESG) efforts and the lack of corporate organisational structure with clear accountability are […]
Researchers have discovered how a mechanism that controls root development in plants can enable them to cope better with environmental stress conditions. It is hoped the advance may help countries suffering from climate change issues and help plants to better access water. Plants growing in natural ecosystems live alongside a multitude of microorganisms, such as bacteria and […]
The Zayed Sustainability Prize has launched a special category labelled Climate Action. The new category is aimed at recognising and promoting solutions that address climate change and protect the planet’s natural resources. Non-profit organisations and small and medium-sized enterprises can apply until May 23, 2023. The winners will be announced at an awards ceremony in Abu Dhabi. The launch […]
In the UK’s race towards net-zero emissions, a gas-fired power station could hold the key to the nation becoming a world-leader in carbon capture storage technology. The Keadby 3 gas-fired power station in Lincolnshire, in the east of England, is on track to become the UK’s first plant equipped with CCS technology enabling it to […]
Oil and gas are still an important part of global energy systems, no matter how much one might hope otherwise, but the world needed to switch from them to tackle climate change, a renewable energy official has said. Gauri Singh, deputy director general of the International Renewable Energy Agency (Irena), said the two fossil fuels had always […]
UN member states have reached agreement on the first international treaty to protect the high seas following years of talks, a step that environmental groups say will help reverse marine biodiversity losses and ensure sustainable development. “The ship has reached the shore,” conference chair Rena Lee announced at the UN headquarters in New York on Saturday […]
Business as usual in climate finance is not enough, said Reem Al Hashimy, the UAE’s Minister of State for International Co-operation, on the second day of the Raisina Dialogue in New Delhi. Ms Al Hashimy said funds are not being allocated efficiently to countries that are transitioning or in need of capital for development, especially when it comes […]
Mobile and digital technology can help cut about 40 per cent of the required carbon dioxide emissions within the industrial world’s top emitters in the next 10 years, London-based industry body GSMA has said. If deployed at scale, digitalisation, considered a key enabler of the decarbonisation transition, can help the manufacturing, power and energy, transport, and building sectors […]
