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‧Saudi Arabia's ACWA Power Joins Forces with Tunisia for Hydrogen Project
Saudi Arabia's ACWA Power, a global leader in renewable energy and water desalination, has signed a momentous agreement with the Tunisian government to embark on a groundbreaking green hydrogen project. This collaboration signifies a significant step towards both nations&…
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‧Sustainable Aviation Fuel Takes Flight, But Needs More Wings
The International Air Transport Association (IATA) reports a significant leap in sustainable aviation fuel (SAF) production for 2024. Production is projected to triple compared to 2023, reaching an estimated 1. 9 billion liters (1. 5 million tonnes). This positive development…
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‧Clean Energy Fast Track Lowers Energy Bills, Says International Energy Agency
A new report by the International Energy Agency (IEA) challenges the perception that clean energy transitions are expensive for consumers. The report, titled "Strategies for Affordable and Fair Clean Energy Transitions, " argues that accelerating the adoption of cle…
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‧A Gateway to Sustainable Tourism
The arrival of the first international flights at the Red Sea International Airport (RSI) marks a significant turning point for Saudi Arabia's tourism industry. This event not only signifies the airport's official entry into the global travel network but also throws a…
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‧How Renewable Asset-Backed Cryptocurrencies Are Accelerating the Green Shift
The fight against climate change demands innovative financial instruments to propel the transition towards a sustainable future. Enter renewable asset-backed cryptocurrencies, a novel concept merging the power of blockchain technology with the tangible value proposition of re…
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‧Powerhouse Collaboration Aims to Electrify GCC Region with Renewables
Three Eight Six Holdings Ltd. , a leading renewable energy developer in the Middle East and North Africa (MENA) region, has joined forces with B. Grimm Power PCL, a prominent Thailand-based electricity producer, in a strategic alliance designed to revolutionize the renewable …
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‧National Bank of Kuwait Primed for Landmark Green Bond Offering
Kuwait's National Bank of Kuwait (NBK), the country's leading financial institution, is poised to make a significant stride in the area of sustainable finance by issuing its first-ever green bond. This move highlights a growing trend in the region towards environmenta…
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‧South Asia Seeks Regional Climate Cooperation
South Asia, a region harboring nearly a quarter of the world's population, faces a stark reality – its climate challenges transcend national borders, demanding a unified response. From the colossal Himalayan glaciers rapidly receding to the erratic monsoon patterns wreaki…
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‧Trade Policies in the Face of Climate Disruption
Climate change is poised to disrupt agricultural production around the globe, with some regions experiencing significant declines in crop yields while others may see relative gains. This uneven impact, referred to by economists as "productivity shocks, " will reshap…
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‧Climate Change Linked to Rise in Marine Toxins
A recent study published in the journal Archives of Toxicology suggests a disturbing link between climate change and the proliferation of harmful marine toxins. The research sheds light on how a warming planet may be contributing to an increase in the production of toxins by …
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‧Saudi Arabia Bets on AI for Global Sustainability Push
Saudi Arabia's finance minister, Mohammed Al-Jadaan, has placed a significant wager on artificial intelligence (AI) as the key driver for global sustainable development. This ambitious vision was unveiled during a session titled "AI and Development:Challenges and Opp…
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‧Finnish Innovation Revs Up for Clean Energy
Finland is poised to become a leader in clean energy solutions thanks to a significant investment by VTT Technical Research Centre of Finland and the European Union. Fueled by a €22. 8 million grant, VTT has launched a multi-pronged attack on clean energy challenges, focusing…
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‧U. S. Drought Monitor Struggles to Keep Pace with Arid Reality
For nearly a quarter-century, the U. S. Drought Monitor has served as the nation's go-to resource for assessing drought conditions. This weekly map, compiled by a team of experts, plays a crucial role in directing federal aid and informing water management decisions acros…
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‧Abundant Iron Paves the Way for Sustainable and Affordable Battery Revolution
Lithium-ion batteries power our modern world, from electric vehicles and laptops to smartphones and medical devices. But a key challenge lies in their cathodes, the positive electrode. Current options often rely on cobalt and nickel, which are expensive, environmentally damag…
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‧Green CEOs, the Secret Weapon Against Climate Change's Financial Bite?
Climate change isn't just an environmental threat; it's increasingly becoming a financial one for corporations. But a new study suggests a hidden weapon companies may wield in this battle:CEOs with a strong background in environmental issues. The research, published i…
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‧Wind Power Gains Traction in Saudi Arabia as Oil Dependence Wanes
Saudi Arabia, the world's largest oil exporter, is witnessing a turning point in its energy sector. The kingdom recently signed agreements for a record-setting 1. 1 gigawatts (GW) of wind power capacity, marking a significant stride towards its ambitious target of awardin…
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‧Anesthesia Disparities Raise Concerns About Racial Bias in Healthcare
A new study published in Anesthesia & Analgesia explores a surprising link between climate change and racial disparities in healthcare. The title, "The Color of Climate Change:Can Choice of Anesthetic Be Institutionally Racist?" delves into the potential for env…
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‧Diaverum Charts Sustainability Course in 2023 ESG Report
Swedish multinational healthcare company Diaverum unveiled its 2023 Environmental, Social, and Governance (ESG) report, outlining its sustainability efforts and future goals. The report highlights Diaverum's commitment to ESG principles throughout its operations, emphasiz…
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‧UAE, Saudi Arabia Top Green Bond Issuance in MENA Region
The United Arab Emirates (UAE) and Saudi Arabia emerged as the frontrunners in the Middle East and North Africa (MENA) region for issuing green bonds in 2023, collectively accounting for over $15. 4 billion, according to market reports. This surge in green bond issuance refle…
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‧UAE President Recognizes World Leaders for COP28 Achievements
In a ceremony today, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, awarded the First Class Order of Zayed II to various international dignitaries. These awards acknowledged their significant contributions to the fruitful outcome of th…
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‧ACI World Assembly Paves Path for Greener Skies
The annual assembly of the Airports Council International (ACI) focused on charting a course towards a more sustainable future for the aviation industry. Key decisions were made to accelerate the industry's transition to environmentally conscious practices, with a focus o…
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‧Africa Sets Course for Sustainable Energy Future with Paris Declaration
African nations, alongside global investors and industry leaders, have signed the Africa-Paris Declaration on Energy Transition, Climate Justice and Energy Poverty. This landmark agreement signifies a united push for sustainable energy development across the continent. The de…
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‧Sungrow Lands Landmark Energy Storage Project
Sungrow, a leading name in solar inverter and energy storage systems, has secured a significant partnership to propel Saudi Arabia's ambitious Vision 2030 plan. The company will supply a massive 160MW/760MWh energy storage system, along with 165MW of PV inverters, for AMA…
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‧Gulf Nations Face Weatherproofing Bill as Extreme Events Become Commonplace
A recent report by Oxford Analytica paints a concerning picture for Gulf countries. The analysis firm warns that the region must brace itself for a "new normal" of extreme weather events, necessitating significant investments in infrastructure upgrades. The report h…