Funding for a UAE-US-led initiative to advance climate-friendly farming practices has grown to more than $13 billion, passing the $10 billion target set for Cop28, a US official said on Monday. The Agriculture Innovation Mission for Climate, or Aim for Climate, was launched in 2021 and had achieved commitments of $8 billion by last November. “Climate change […]
Dr Sultan Al Jaber, President-designate of the Cop28 summit, has called for developing nations to be given access to funding to ensure they are not priced out of pursuing climate goals. The Minister of Industry and Advanced Technology and special envoy for climate change said some countries face being “held up in bureaucratic red tape” when seeking financial […]
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 […]
