Tag: Environment
IBM Research to Radically Accelerate Materials Discovery in 5 Key Areas
IBM today unveiled its annual “5 in 5” predictions about five significant changes driven by innovation in science and technology that will take place...
DFM Launches First-Of-Its-Kind ESG Index To Attract More Investments
Dubai Financial Market (DFM) on Wednesday announced the launch first-of-its-kind Environment, Social and Governance (ESG) Index with the objective of improve UAE market's competitiveness...
US$758mn Green Loan For World’s Largest Desalination Project in UAE
Taweelah Independent Water Project (IWP) has secured the first-ever ‘sustainable loan’ qualification for a water desalination project globally with Independent assessor Vigeo Eiris confirming that...
New Policy Sees Ban Of Single-Use Plastic Bags in Abu Dhabi by 2021
In the first-of-its-kind policy decision, The Environment Agency – Abu Dhabi has announced that it plans to make Abu Dhabi free of single-use plastic...
‘Solar Dome’ To Power Sustainable Water Desalination At NEOM
NEOM, the flagship project of Saudi Arabia’s post-oil diversification plan, recently announced that it would be adopting a pioneering solar technology to produce cost-effective,...
Goldman Sachs Strengthens Environment Policy as Global Talks Falter
(Bloomberg) --Goldman Sachs Group Inc. has tightened its policy on fossil fuel financing in a move welcomed by environmental groups, just as global talks...
World Bank asks GCC economies to focus on environmental sustainability as growth slumps
The economic growth in the Gulf Cooperation Council (GCC) is estimated to drop to 0.8 per cent in 2019 as compared to 2 per...
An Exxon-Owned Firm Figured Out How to Curb CO2 in 1991
(Bloomberg) --Back in 1991, when climate policy was in its infancy, an Exxon subsidiary came to a startling and prescient conclusion about how to...
Aramco Faces Serious Risks From Climate Change, Report Says
(Bloomberg) --Climate change poses a serious risk to Saudi Aramco’s long-term business as rising sea levels and temperatures could damage infrastructure, curb productivity and...
Renewables are booming, but not fast enough to cap greenhouse emissions
(Bloomberg) --The International Energy Agency’s annual report into fuel supply and demand shows a pickup in the rate of growth for wind and solar...