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Tropical Trees at Risk as Lightning Strikes Surge

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Tropical Trees at Risk as Lightning Strikes Surge

Towering giants of the tropics, rainforest trees have weathered countless storms for millennia. But a new threat is crackling across the skies - an increase in lightning strikes due to climate change. This surge in electrical fury is leaving these ecological titans vulnerable…

Emirates Islamic Debuts Landmark Sustainability Sukuk on Nasdaq Dubai

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Emirates Islamic Debuts Landmark Sustainability Sukuk on Nasdaq Dubai

Nasdaq Dubai witnessed a significant development in Islamic finance with the listing of Emirates Islamic's first-ever sustainability sukuk. This issuance marks a milestone for both the bank and the region, solidifying Dubai's position as a global leader in Islamic fin…

UAE Unveils Nine Gems of Biodiversity

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UAE Unveils Nine Gems of Biodiversity

The United Arab Emirates (UAE) has taken a significant step towards safeguarding its natural heritage with the identification of nine crucial areas classified as Key Biodiversity Areas (KBAs). This designation, recognized by the Key Biodiversity Areas Secretariat, highlights …

Namibia Sets Sights on Green Hydrogen Leadership

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Namibia Sets Sights on Green Hydrogen Leadership

Namibia, a nation nestled along the southwestern coast of Africa, is harboring ambitious aspirations to transform itself into a dominant player in the burgeoning green hydrogen industry. This clean-burning fuel source, produced by splitting water molecules using renewable ene…

Sun and Sand Power the Middle East's Energy Shift

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Sun and Sand Power the Middle East's Energy Shift

The Middle East and North Africa (MENA) region is undergoing a significant transformation in its energy sector, with renewable energy sources like solar and wind experiencing a surge in growth, according to the International Energy Agency (IEA). This shift is driven by a comb…

Brazil Eyes $600 Million Climate Fund with Saudi Arabia

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Brazil Eyes $600 Million Climate Fund with Saudi Arabia

Brazilian investment firm EB Capital is in discussions with Saudi Arabian investors to establish a $600 million climate-focused fund targeting ventures in South America's largest nation. The fund, expected to launch in the third quarter of 2024, could significantly boost …

Saudi Arabia's ACWA Power Joins Forces with Tunisia for Hydrogen Project

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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&…

Sustainable Aviation Fuel Takes Flight, But Needs More Wings

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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…

Clean Energy Fast Track Lowers Energy Bills, Says International Energy Agency

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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…

A Gateway to Sustainable Tourism

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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…

How Renewable Asset-Backed Cryptocurrencies Are Accelerating the Green Shift

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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…

Powerhouse Collaboration Aims to Electrify GCC Region with Renewables

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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 …

National Bank of Kuwait Primed for Landmark Green Bond Offering

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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…

South Asia Seeks Regional Climate Cooperation

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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…

Trade Policies in the Face of Climate Disruption

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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…

Climate Change Linked to Rise in Marine Toxins

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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 …

Saudi Arabia Bets on AI for Global Sustainability Push

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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…

Finnish Innovation Revs Up for Clean Energy

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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…

U. S. Drought Monitor Struggles to Keep Pace with Arid Reality

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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…

Abundant Iron Paves the Way for Sustainable and Affordable Battery Revolution

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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…

Green CEOs, the Secret Weapon Against Climate Change's Financial Bite?

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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…

Wind Power Gains Traction in Saudi Arabia as Oil Dependence Wanes

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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…

Anesthesia Disparities Raise Concerns About Racial Bias in Healthcare

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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…

Diaverum Charts Sustainability Course in 2023 ESG Report

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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…