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Climate Change
US pledges $3bn for Green Climate Fund at COP28
The US has pledged $3 billion to the Green Climate Fund, Vice President Kamala Harris said in Dubai at the UN COP28 climate summit.
The fund, with more than $20 billion in pledges, is the largest international fund dedicated to…
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COP28: 50 oil and gas companies sign charter to accelerate climate action in industrial sector
COP28 Presidency and Saudi Arabia launched the Oil and Gas Decarbonisation Charter (OGDC), a global industry charter aimed at speeding up climate action across the oil and gas sectors.
Officials said 50 oil and gas companies,…
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UAE leader meets US vice president, other leaders on sidelines of COP28 in Dubai
UAE President Sheikh Mohammed bin Zayed held talks with US Vice President Kamala Harris on Saturday on the sidelines of COP28 in Dubai, state news agency WAM reported.
During the meeting, the officials stressed the importance of the…
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Cooperation with Saudi Arabia central to Japan’s green ambitions
Japan must maintain close partnerships with countries like Saudi Arabia and the UAE if it is to achieve its goal to be a carbon-neutral economy by 2050, its Foreign Ministry press secretary said.
Kobayashi-Terada Maki made the comments…
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African nations seek fair climate financing at COP28
Developing countries in Africa have urged developed nations to ensure equitable climate change financing for the implementation of adaptation and mitigation projects to address the global crisis, as highlighted by various officials…
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Saudi Arabia’s Royal Commission for AlUla to contribute to SGI, COP28
The Royal Commission for AlUla is participating in the third Saudi Green Initiative, and in the UN Climate Change Conference which takes place in Dubai from Nov. 30 to Dec. 12.
The RCU’s efforts, initiatives and programs within the AlUla…
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Joe Biden to miss COP28 climate summit in Dubai: US official
President Joe Biden will miss the latest UN climate summit in Dubai, after two years of attending the talks in hopes of highlighting US leadership, a US official said Sunday.
Some 70,000 people including national leaders and Pope Francis…
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Every industry should be ‘held accountable’ on climate: COP28 president
The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at the negotiations, saying private sector engagement was essential to curb global heating.
“Everyone needs to be part of…
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IEA forecasts 75% drop in global oil and gas demand needed by 2050 to meet 1.5°C target
Global demand for oil and gas needs to decline by over 75 percent by 2050 to limit global warming to 1.5 degrees Celsius, according to the International Energy Agency.
According to an IEA report released on Nov. 23, the market for the…
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Middle East investment in global green tech up nearly 200%: PwC
Global climate technology investment from the Middle East surged almost 200 percent to $5 billion in the year to the end of September 2023, a newly released has report revealed.
According to PwC’s Middle East Climate Tech report, those…
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