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Category: Global News
New index provides exposure to U.S. and Developed European companies whose business activities contribute positively to the UN Sustainable Development Goals (SDGs), is supported by data from Morningstar Sustainalytics and...
LyondellBasell and Pigeon Singapore – the regional headquarter of its business unit covering Southeast Asia, Middle East, Africa and Oceania – announced their collaboration on advancing the sustainable research and development efforts in baby...
The US Treasury Department released proposed guidance for the Inflation Reduction Act’s (IRA) clean hydrogen tax credit. The guidance conditions eligibility for this tax credit, an incentive of up to...
First Abu Dhabi Bank (FAB) has introduced its first ESG-oriented fund for its Private Banking clients, providing clients with access to sustainable investing. The FAB Sustainable Development Goals Fund (FAB...
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals After reaching...
The United Nations Climate Change Conference (COP28) closed today with an agreement that signals the “beginning of the end” of the fossil fuel era by laying the ground for a...
The latest COP28 draft outcome text released to negotiators in Dubai Monday evening dropped a call to ‘phaseout’ fossil fuels, prompting outcry from climate vulnerable countries and civil society. The...
The collaborative effort to boost green finance between IFC and the Bank of the Lao PDR has been strengthened with a new cooperation agreement signed. This enhanced partnership aims to...
A new Commonwealth e-learning course launched will improve the ability of small and other vulnerable states to access billions of dollars in climate finance. The Commonwealth Secretary-General, The Rt Hon...
World leaders joined the World Economic Forum’s programme at the 28th Conference of the Parties of the UNFCCC (COP28) to advance dialogue, innovation and cooperation for accelerated climate action. Gathering...
As conflicts, climate emergencies and collapsing economies continue to wreak havoc on communities worldwide, the UN on Monday issued an appeal for $46.4 billion for 2024 to help 181 million...
A carbon-free global economy requires the phase-out of fossil fuel subsidies. That’s why the Glasgow Climate Summit in 2021 agreed to phase out inefficient fossil fuel subsidies, on the back...
China’s State Council on Thursday published an action plan to improve air quality amid the country’s effort to promote high-quality economic development. The plan contains a series of measures to...
The Governments of France and Morocco, together with the UN Environment Programme (UNEP), launched the Buildings Breakthrough at COP28, which will see countries joining forces to accelerate the transformation of...
Tech giant inks deal to buy 1.5 million carbon removal credits from Mombak, aiming to become carbon negative by 2030. Tech giant inks a deal to purchase 1.5 million carbon...
Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury...
UN climate chief Simon Stiell said on Wednesday that COP28 delegates are not in Dubai to “score points” and play at “lowest-denominator politics”; they must take ambitious action on curbing...
Following the successful investment agreement in Baltic Eagle in Germany, the first milestone of this alliance is a co-investment in the 1,400 megawatt (MW) East Anglia 3 offshore wind project...
The World Bank announced at COP28 a new Climate and Health Program to urgently respond to the rising negative health impacts of climate change in low- and middle-income countries. Through...
Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally. The...
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