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Hyphen Web Desk
‧Kingdom Claims Podium Position in Gulf's Energy Transition Race
A recent report by the World Economic Forum (WEF) positions Saudi Arabia as a frontrunner in the Gulf Cooperation Council's (GCC) transition towards a clean energy future. The "Fostering Effective Energy Transition 2024" evaluated 120 countries based on their e…
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‧Fossil Fuel Dependence Persists Despite Record Renewable Growth
A recent industry report revealed a troubling trend:global dependence on fossil fuels reached an all-time high in 2023, despite significant growth in renewable energy sources. The report, titled "Statistical Review of World Energy, " found that fossil fuel consumpti…
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‧Fossil Fuels Reign Supreme Despite Renewables Rise in 2023
In a sobering reminder of the challenges facing the fight against climate change, a new report revealed that global reliance on fossil fuels reached record highs in 2023. The report, titled the Statistical Review of World Energy, found that fossil fuel consumption climbed 1. …
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‧Court Orders UK Government to Rethink Fossil Fuel Plans
Climate activists in the United Kingdom scored a significant victory after a High Court judge ruled in their favor regarding the government's approval process for new fossil fuel projects. The case, brought forward by a group called "Drax for the Future, " chall…
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‧EU Battery Ambitions Stalled by Price Competition
The European Union's ambitions to become a leader in electric vehicle (EV) battery production are facing a significant setback due to a price war ignited by China and hefty subsidies offered by the United States. The EU initially set out a plan to establish a robust domes…
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‧Artificial Intelligence Charts Course for Cleaner Seas
A recent study by Orca AI, an autonomous shipping startup, suggests artificial intelligence (AI) has the potential to be a game-changer for the commercial shipping industry's fight against climate change. The report estimates that AI-powered navigation systems could lead …
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‧Wind Power Drives UAE's Clean Energy Ambitions with China's Help
The United Arab Emirates (UAE) is taking a significant stride towards its ambitious clean energy goals with the successful completion of its first large-scale wind farm project. This landmark achievement, constructed by PowerChina, a leading participant in China's Belt an…
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‧China Mulls Greener Investments for Developing World
China is contemplating a significant shift in its foreign development strategy, with a focus on channeling resources towards environmentally friendly initiatives in the Global South. This potential approach, likened to a "Green Marshall Plan" by analysts, echoes the…
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‧Clean Energy Seen as Engine for Africa's Growth
The International Energy Agency (IEA) warns that Africa's long-term economic prosperity hinges on a significant increase in clean energy investments. While the continent is blessed with abundant renewable resources, fossil fuels continue to dominate its energy sector. The…
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‧Rising Seas, Expanding Cities: A Perfect Storm
Climate change is no longer a distant threat on the horizon, but a looming crisis for coastal cities around the world. As sea levels rise due to melting glaciers and thermal expansion of the oceans, densely populated urban centers face an existential threat. These megacities,…
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‧Philanthropist Gates Bets Big on Nuclear Power Revival
Bill Gates, the billionaire co-founder of Microsoft and renowned philanthropist, has signaled a significant shift in his focus on combating climate change. In a recent interview, Gates expressed his unwavering confidence in next-generation nuclear power technology and pledged…
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‧Dubai, Abu Dhabi Join Forces for Hydrogen Complex
The United Arab Emirates (UAE) is poised to become a major player in the global hydrogen industry with the announcement of a new $272 million hydrogen equipment manufacturing complex. The project, a collaboration between Abu Dhabi's Department of Economic Development (ADD…
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‧Emirates Launches SAF-Fueled Departures from Singapore
Emirates, the flag carrier of the United Arab Emirates, has taken a significant step towards greener skies by launching flights powered by Sustainable Aviation Fuel (SAF) from Singapore's Changi Airport. This initiative marks the airline's first foray into SAF adoptio…
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‧Canadian Investor Seeks $5 Billion for Emerging Market Climate Fund
Canadian asset manager Brookfield Asset Management is aiming to raise $5 billion for a climate-focused fund that will target emerging markets. The fund, called the Catalytic Transition Fund (CTF), was first announced in December 2023 at the COP28 climate conference in Dubai. …
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‧Saudi Wealth Fund Prioritizes Conservation Alongside Investment
Saudi Arabia's Public Investment Fund (PIF) is highlighting its efforts to strike a balance between pursuing profitable investments and safeguarding the environment. The sovereign wealth fund, a key driver of the country's economic diversification plans, is showcasing…
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‧AI for Climate Solutions Shine at UAE AI Retreat
Samsung Electronics MENA and the United Nations Development Programme (UNDP) crowned the winners of the ACT28 AI for Climate Hackathon at a special ceremony during the UAE’s AI Retreat 2024. The hackathon, launched in May 2024, aimed to leverage the power of technology to add…
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‧Saudi Wealth Fund Champions Sustainable Investments
The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, is highlighting its efforts to strike a balance between economic development and environmental protection. This comes amid growing global concern over biodiversity loss, with the UN pinpointing unsus…
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‧Carbon Pricing on the Horizon
The specter of a price tag on carbon emissions is looming large over the United States. While the exact form and timeline remain under debate, a growing consensus acknowledges that carbon pricing will play a significant role in curbing the nation's greenhouse gas output. …
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‧Emirates Global Aluminium Flexes Muscle with Green Loan-Financed Acquisition
Emirates Global Aluminium (EGA), a titan of UAE industry outside the oil and gas sector, has taken a significant step towards its sustainability goals. The company announced that its recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely throu…
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‧Antarctic Ice Sheet Shedding Mass at Alarming Rate
The vast, white expanse of Antarctica, a crucial component of the global climate system, is demonstrably losing ice mass at an alarming rate, according to a multitude of scientific studies. This stands in stark contrast to recent claims suggesting otherwise. A popular video, …
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‧Alarming Rise in Carbon Dioxide Levels Threatens Planet
The concentration of carbon dioxide (CO2) in Earth's atmosphere has reached an alarming new high, according to data collected by scientists at the National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography. Measurements taken in May 202…
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‧Saudis Demand Action as Climate Change Awareness Soars
A recent global climate survey has revealed a significant shift in Saudi Arabia, with a surging awareness of global warming and a growing demand for urgent action. The survey, conducted by Veolia in partnership with Elabe, found that an overwhelming 86% of Saudi residents now…
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‧Riyadh Unveils Licensing System for Sustainable Infrastructure Projects
Saudi Arabia's capital, Riyadh, is embarking on a new era of urban development centered around sustainability. The Riyadh Infrastructure Projects Center (RIPC), recently entrusted with the task of overseeing infrastructure projects, has issued its first license. This mark…
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‧Saudi Consumers Take Environmental Stand
A recent global study has unearthed a growing trend of environmental awareness among Saudi Arabian consumers. The research, which surveyed a representative sample of Saudi residents, found that a significant 64% of respondents expressed concern about environmental issues, pol…