Skip to content Skip to Search
Skip navigation

Cop28

Cop28 is the climate change conference that was held in Dubai in the United Arab Emirates in 2023

The Saudi Fund for Development hosts a discussion at Cop28 about the ACG's $50bn for Africa

Arab Coordination Group announces $50bn for Africa

The Arab Coordination Group, made up of regional and international development institutions, has allocated $50 billion to advance sustainable development in Africa through to 2030. The funding was announced at the Saudi-Arab-African Economic Conference in Riyadh and further discussed at a panel arranged by the Saudi Fund for Development on Sunday on the sidelines of […]

The UAE alone generates over 6.5 million tonnes of waste a year, more than three quarters of which ends up in landfills

Turning trash into tokens: blockchain’s answer to waste

Trash, garbage, detritus. Whatever you call it, the waste management industry around the world faces a huge challenge as it must handle a substantial and growing volume of rubbish. In 2020, according to the World Bank, the world generated 2.24 billion tonnes of solid waste, amounting to a footprint of 0.79 kg per person per […]

Morocco energy transition minister Leila Benali

Morocco reveals strategy to speed up energy transition

Morocco is accelerating plans to add 9 gigawatts to its electricity generation capacity – enough power for nearly 8 million homes – with 7GW coming from renewables.  But the country will need to discover or import more gas as it bets on creating a new hydrogen economy, according to Leila Benali, its minister of energy […]

Bahrain seeks 30% reduction in emissions by 2035

Bahrain aims to reduce carbon emissions by 30 percent by 2035 and reach zero carbon by 2060 as part of its national carbon neutrality strategy. The Gulf state recently launched a national energy strategy and a $750 million fund, in addition to establishing the Safaa voluntary platform to offset carbon emissions, the UAE state-run Wam […]

Dubai targets 50% carbon emission reduction by 2030

Dubai plans to cut carbon emissions by 50 percent by 2030 to achieve carbon neutrality. The new plan will accelerate the emirate’s transition towards clean energy, backed by a clear roadmap for reaching its net-zero goal by 2050, Dubai Media Office said in a statement. The strategy will focus on environmental protection, biodiversity, conservation of […]

Al Jaber calls for ‘flexibility’ on fossil fuel phase-out deal

Cop28 president Sultan Al Jaber has urged delegates to set aside their differences to achieve a deal to phase out fossil fuels. “I need you to step up, and I need you to come out of your comfort zones. And I kindly ask you all to be flexible and to truly and genuinely engage in […]

UAE fossil fuels, fossil fuel phase down, fossil fuel phase out

UAE softens on fossil fuel wording, observers say

The UAE, one of the world’s largest oil producers, is considering supporting an unprecedented agreement towards ‘phasing out’ fossil fuels, observers have told AGBI. Some suggest the parties may agree to a phase-out in easier-to-abate sectors such as power generation, where reducing greenhouse gas emissions can be achieved with existing renewable technologies like solar or […]

European Commission's Wopke Hoekstra speaks at the European Union press conference, during the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 6, 2023. REUTERS/Amr Alfiky

Europe stands firm on fossil fuel phase-out deal at Cop28

The European Parliament is heading into the final days of negotiation at the Cop28 climate summit in Dubai with a clear mission to see the absolute end of fossil fuels. At a press conference on Friday, European Parliament member Peter Liese told journalists that the delegation is demanding the “tangible phase out of fossil fuels” […]

People, Person, Clothing

UAE’s Masdar to develop green hydrogen in Spain

Abu Dhabi Future Energy Company (Masdar) is exploring developing a green hydrogen plant in central Spain to aid in the decarbonisation of Europe’s hard-to-abate sectors. The Abu Dhabi-based renewables energy company is collaborating with Verbund Green Hydrogen on the proposed venture – in an agreement which was signed at the UN’s Climate Change Conference Cop28 […]

Farhat Bengdara, right, with Eni CEO Claudio Descalzi after LNOC signed an $8 billion deal with the Italian energy company

Libyan Oil Company commits to cut gas flaring

The Libyan National Oil Company is joining the wider global oil and gas industry in committing to near-zero gas flaring by 2030, as part of wider efforts by the state-owned energy producer to reduce greenhouse gas emissions. LNOC chairman Farhat Bengdara said in an interview with AGBI at the UN Cop28 climate conference in Dubai […]

Sheikh Mohammed inaugurates the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park

Dubai opens world’s largest concentrated solar power project

UAE Vice President and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has inaugurated the world’s largest concentrated solar power (CSP) project as the Gulf state accelerates towards becoming net zero by 2050. The project is part of the AED15.78 billion ($4.30 billion) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in […]

Executives of Acwa Power, PT Perusahaan Listrik Negara and PT Pupuk Indonesia at a signing ceremony held on the sidelines of Cop28 in Dubai

Acwa Power to develop $1bn green hydrogen project in Indonesia

Saudi-listed Acwa Power will develop a $1 billion green hydrogen facility – the largest in Indonesia – that will start commercial production in 2026. The project will be codeveloped with PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider and PT Pupuk Indonesia, a state-owned fertiliser and chemical producer.  The agreement was signed on the […]

Masdar has signed an agreement with Jordan to develop a 1GW wind project with a battery energy storage system

Masdar expands renewables footprint to Jordan and Europe

UAE company Masdar has expanded its renewables footprint to Jordan, while exploring the development of a green hydrogen supply chain from Abu Dhabi to Europe. The agreements were signed on the sidelines of the Cop28 climate summit in Dubai. Masdar signed a joint development agreement with the Jordanian energy and mineral resources ministry to develop […]

Total CEO backs renewables to phase out fossil fuels

TotalEnergies’s CEO gave his backing to an international pledge to triple renewable energy generation at the Cop28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. “It’s the right way to frame the object, tripling renewables, because if we don’t do that, there’s no way to phase out fossil energy,” Patrick Pouyanne […]

Sovereign funds struggle to channel trillions into climate finance

Sovereign wealth funds that control nearly $12 trillion in assets are unlikely to quickly dismantle the hurdles in the way of urgently needed increases to their climate investments, even as Cop28 talks seek to close the funding gap. Funds such as those of Norway and the UAE Cop28 host, face obstacles including mandates that require […]

A worker looks out at Riyadh from a tower under construction in the city

Big 5 builders seek answers to Saudi’s $1.5trn question

Saudi Arabia’s mammoth pipeline of giga-projects was the focus of the Big 5 Global conference in Dubai this week, as the region’s main construction players discussed how to juggle fast-approaching 2030 deadlines with the kingdom’s push for sustainable development. Saudi Arabia has signed off on $78 billion of construction projects so far this year, up […]

Crowd, Person, Press Conference Video length: 06:23

Nuclear ‘arrives too late’ to halt climate emergency

Nuclear energy will not help the world meet its urgent target to limit global warming, according to the head of the International Renewable Energy Agency.  Francesco La Camera, director-general of Abu Dhabi-based Irena, told AGBI the significance of nuclear power in fighting climate change had been overstated. “Nuclear does not serve the climate change agenda […]

An Acwa Power wind turbine in Morocco. The company says not enough developers are in Africa

Acwa Power plans a bold investment future in Africa

Saudi Arabia-listed Acwa Power is targeting future investments in Africa as part of the clean energy company’s plan to triple in size by 2030. “Africa needs that energy transition. But there aren’t enough developers going there and asking questions,” said Raad Al-Saady, vice chairman and managing director of Acwa Power, during a panel discussion at […]

Tadweer employees at work. The company will report on the waste management sector's emissions at next year's Cop meeting

Tadweer unveils plan to decarbonise waste industry

Abu Dhabi Waste Management Company (Tadweer) is spearheading an initiative to address rising emissions in its industry. The company launched its global Waste to Zero programme at the Cop28 climate conference in Dubai on Wednesday. “The initiative invites governments, private players, technologies, education institutions and the public to join hands, start looking at the challenge […]

The Arroyo, in Santa Monica, California, is certified 'platinum' by Leed

US Green Building Council to launch new ratings system

The US Green Building Council is launching a new ratings system to measure structures against tough sustainability targets. It is the first time in 10 years that the organisation has updated its policy, with the industry largely relying on the Leadership in Energy and Environmental Design (Leed) green building system. According to the US Green […]