Opinion Sustainability Baku gets planning for Cop29 – with a little help from the UAE Azerbaijan to underline the role of petrostates in climate change policy January 30, 2024
Opinion Markets Carbon credit futures can be the next big thing for markets This emerging sector opens up opportunities for financial hubs across the GCC January 17, 2024
Video length: 05:38 Finance Cakes, crypto and the sun – best video moments of 2023 From top business leaders to expert analysts, AGBI has spoken to them all over the past 12 months. Watch our video round-up above to find out who gave us these memorable quotes … “The bigger the cake, the bigger the problem.” “Your long-term asset in this region is not the oil under the ground, it’s […] December 25, 2023
Transport UAE’s daily air traffic hit all-time high on first day of Cop28 The UAE’s airports witnessed a 15 percent increase in air traffic during the Cop28 summit, held at Expo City Dubai from November 30 to December 12. Al Maktoum International Airport recorded the highest number of scheduled and unscheduled flights, such as private and business jets, on the first day of the conference, Saif Al Suwaidi, […] December 21, 2023
Opinion Oil & Gas Cops in Baku and Belem bode well for Global South Azerbaijan and Brazil can bring their own perspectives on climate change December 19, 2023
Sustainability Doha-based carbon credit group signs West Africa deal The Qatar-backed international carbon credit programme Global Carbon Council (GCC) has signed a deal to develop decarbonisation projects in West Africa. The Doha-based GCC signed the agreement at the UN climate conference Cop28 in Dubai last week with the West African Alliance for Carbon Markets and Climate Finance (WAA), a group of 16 West African […] December 18, 2023
Sustainability Why the UAE is focusing on mangrove conservation A crab scuttles across the mud, side-stepping exposed mangrove roots until it dips into a hole, as a western reef heron perches between sprouting seedlings. Another comes along and the scene is repeated across Abu Dhabi’s Jubail Mangrove National Park, where people are meandering along a 2km boardwalk on a December morning. An hour away, […] December 15, 2023
Opinion Sustainability Moving mountains to lead in global carbon capture race Oman and the UAE may hold the key to CO2 capture December 15, 2023
Opinion Sustainability Navigating the fun side of summitry at Cop28 The Expo site was a good work environment – once you got your bearings December 15, 2023
Analysis Agriculture Cop28 funds pave the way for Mena agricultural innovation In 2022 Morocco suffered its worst drought in 40 years. It had a devastating impact on agricultural productivity – the country’s cereal production plunged by 60 percent and 280,000 jobs were lost. Thousands of miles to the east, motorists on the main road from the UAE to Oman see dead and dying palm trees on […] December 15, 2023
Video length: 04:21 Oil & Gas ‘Oil will still be needed’ – producers react to Cop28 Saudi Arabia’s energy minister said the final Cop28 deal would not affect the kingdom’s oil and gas exports, as the fossil fuels sector reacted to being included in the climate change conference’s final wording for the first time in its three-decade history. “The text provides alternatives. But I think these texts do not affect our […] December 14, 2023
Video length: 04:21 Analysis Sustainability Wary optimism for Cop deal to ‘set world in right direction’ Cop28 left behind an air of mixed emotions as it wrapped up on Wednesday, reflecting the complexity of the discussions and outcomes. A visibly jubilant Sultan Al Jaber strolled into the plenary, sharing a warm hug with UN climate chief Simon Stiell, basking in the applause as they marked a “historic” milestone: the first time […] December 13, 2023
Renewable Energy AMEA Power plans $15bn hydrogen investment in Africa UAE renewable energy company AMEA Power is ready to develop projects worth $15 billion in Africa as it ramps up production of green hydrogen. The company, which has a clean energy pipeline of over 6 gigawatt (GW) across 20 countries, plans to develop three 1GW-scale electrolyser projects in Mauritania, Djibouti and Egypt. “We believe they […] December 13, 2023
Opinion Sustainability World needs climate tech ‘Genius Bar’ Climate tech startups face funding gaps, greater challenges in scaling hardware and a lack of good mentors December 13, 2023
Video length: 04:21 Sustainability Historic deal struck at Cop28 to ‘transition away’ from fossil fuels The Cop28 climate summit in Dubai concluded with the adoption of a landmark agreement urging countries to “transition away” from coal, oil, and gas this decade. This wording replaced the previously proposed “phase out” language that was a central point of contention throughout the talks. It marks the first time in Cop’s 30-year history that […] December 13, 2023
Sustainability Saudi developer vows to protect Red Sea corals Red Sea Global (RSG), the developer of the Red Sea and Amaala mega tourism projects, has announced its “coral commitment” to protect and regenerate corals in the Red Sea. The multi-layered programme was revealed at a side event during the Cop28 climate conference in Dubai. “The Red Sea has some of the most stunning and […] December 13, 2023
Renewable Energy UAE sets sustainable aviation fuel targets The UAE is aiming to have sustainable aviation fuel (SAF) account for at least 1 percent of the total fuel supplied at airports in the Gulf state by 2031, according to a new government ruling. The Guideline on Sustainable Aviation Fuel says the country hopes to produce 700 million litres annually by 2030, according to […] December 13, 2023
Video length: 06:07 Video Sustainability Space data joins the battle against greenwashing Space data is a vital tool for measuring decarbonisation and preventing greenwashing, an industry expert has told AGBI at the Cop28 conference in Dubai. “There is no other way to monitor [decarbonisation and carbon credits] at that scale if it wasn’t for Earth observation data,” said David Merren, assistant director for analytics and spatial at […] December 12, 2023
Sustainability Cop28 denies ‘favouritism’ in fossil fuel wording The UN climate talks in Dubai stretched past the Tuesday morning deadline set as tensions mounted over a deal that departed from committing to a phase-out of fossil fuels. The latest draft of the global stocktake sparked fury from climate activists and politicians last night. Majid Al Suwaidi, director-general of Cop28, told a press conference […] December 12, 2023
Sustainability Western Australia looks to Gulf for green deals The state of Western Australia – the heart of the country’s mining, steel and oil and gas industries – is planning partnerships with Arab nations to develop its renewables sector and curb emissions. “We’ve got a dual mission,” Reece Whitby, Western Australia’s minister for environment and climate action, told AGBI during Cop28 in Dubai. “We’ve […] December 12, 2023
Manufacturing UAE considers a tax on packaging to fund recycling The UAE is considering introducing a tax on packaging, according to an industry expert, as the country continues to ramp up its sustainability agenda. Ali Al Dhaheri, CEO of Abu Dhabi Waste Management Company, or Tadweer, told AGBI that discussions with the UAE government were taking place about bringing in an extended producer responsibility (EPR) […] December 12, 2023
Opinion Sustainability Semantic suggestions to break the Cop28 impasse Words matter if the final text is to gain endorsement from all December 11, 2023