Alterra, the UAE’s $30 billion climate fund, has announced plans to launch a new co-investment vehicle worth $1.2 billion with a $250 million contribution from global financial institution BBVA to advance energy transition goals. Once launched and approved, Alterra Opportunity Fund will be domiciled at Abu Dhabi finance hub ADGM. It will consolidate existing co-investments into a […]
Gulf residents have been told the climate will not only become hotter but also more humid, with a newly released report revealing that last year was the third-hottest year yet worldwide. The Global Climate Highlights 2025 report said that the past three years have been the hottest on record – and that the world is close to breaching […]
Alterra, the UAE’s $30 billion climate fund, is investing in a fund managed by Copenhagen Infrastructure Partners (CIP) to support the expansion of renewable energy use globally. Alterra will support CIP’s Growth Markets Fund II, which focuses on large-scale greenfield renewable energy projects across Asia, Latin America, Europe, the Middle East and Africa, Abu Dhabi-based Alterra said in […]
Dubai Electricity and Water Authority (DEWA) has launched the ‘Sun Power’ and ‘Easy Connect’ initiatives to support contractors, consultants, and investors in Dubai in accelerating the launch of their businesses and encouraging the adoption of clean energy sources. This is part of DEWA’s ongoing efforts to achieve net zero by 2050 through pioneering projects and […]
The UAE on Monday set out ambitious plans to use artificial intelligence to deliver a critical lifeline to millions of farmers bearing the brunt of the growing threat posed by climate change. Abu Dhabi’s AI Ecosystem for Global Agriculture Development will seek to use advanced technology to help farmers adapt quickly to extreme weather and give them […]
Changes in architecture could allow UAE residents to spend up to eight months of the year feeling comfortable while outside, an expert said. Kishore Varanasi, director of urban design at US-based CBT Architects, says elements such as green walls, channels that create breezes and shading will help to reduce heating effects. Mr Varanasi, who has […]
Shark conservation has been boosted by a new international trade ban that offers greater protection for 70 species of sharks and rays. Restrictions on shark and ray fishing were announced at a major conference on protecting wildlife in trade. The UN Conference of the Parties to the Convention on International Trade in Endangered Species of […]
A UAE initiative that gives advance warning of bad weather, pest outbreaks and other risks aims to reach 100 million farmers by 2030, it was announced at the Cop30 climate summit. The Agricultural Innovation Mechanism for Scale (Aim for Scale) project could improve yields and help farmers, especially those in poorer regions, to cope with the […]
Two crucial coral reefs in UAE waters are showing signs of recovery from bleaching in a boost for the environment, a study has shown. When corals are stressed by changes in conditions such as temperature, light, or nutrients, they expel the symbiotic algae living in their tissues, causing them to turn completely white. Corals can survive a bleaching event, […]
The UAE is a “firm believer” that water is under-prioritised worldwide, and the country’s co-hosting of the UN Water Conference in 2026 is a reflection of its growing focus on securing the vital resource. The Emirates is hosting the international event alongside Senegal to sound the alarm over growing problems around water security worldwide. “The numbers are quite shocking: […]
