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Magnom Properties to Build Hydrogen-Powered Skyscraper in Egypt's New Capital

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Magnom Properties to Build Hydrogen-Powered Skyscraper in Egypt's New Capital

Magnom Properties, a subsidiary of Saudi Arabia's Rawabi Holding, has unveiled ambitious plans to construct a hydrogen-powered skyscraper in Egypt's new administrative capital. The 50-story tower, named the Forbes International Tower, is set to be a landmark in the …

Etihad Rail Launches Sustainable Finance Framework to Support Green Initiatives

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Etihad Rail Launches Sustainable Finance Framework to Support Green Initiatives

Etihad Rail, the developer of the UAE's national railway network, has introduced a sustainable finance framework aimed at funding projects that contribute to environmental, social, and governance (ESG) goals. This initiative aligns with the UAE's broader ambitions t…

Wires and Cables Industry Leads in Decarbonization Initiatives

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Wires and Cables Industry Leads in Decarbonization Initiatives

The wires and cables sector is increasingly focusing on reducing its environmental impact by embracing decarbonization and sustainability practices. As the global market is projected to grow from $258.42 billion in 2024 to $321.58 billion by 2028, industry leaders are turni…

Riyadh Air Launches First Electric Bus for Sustainable Transit

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Riyadh Air Launches First Electric Bus for Sustainable Transit

Riyadh Air has introduced its inaugural electric bus as part of a broader initiative to enhance sustainable transportation in the city. This launch marks a significant step in the airline's commitment to reducing carbon emissions and promoting environmental stewardship. …

Reliance Poised for Major Expansion in Renewable Energy

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Reliance Poised for Major Expansion in Renewable Energy

Reliance Industries, a prominent player in India’s energy sector, is gearing up for a significant expansion in its renewable energy portfolio. This strategic move aligns with global shifts towards sustainability and positions the company as a leading force in the green ener…

Forbes International Tower Achieves Zero Carbon Certification Milestone

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Forbes International Tower Achieves Zero Carbon Certification Milestone

Forbes International Tower, a 55-story commercial building located in Egypt’s New Administrative Capital, has officially registered as the world’s first zero-carbon certified tower. This landmark achievement is a collaboration between Forbes and Magnom Properties, reflectin…

Cogo and Saascada Collaborate to Cut Carbon in Finance

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Cogo and Saascada Collaborate to Cut Carbon in Finance

Cogo and Saascada have announced a strategic partnership aimed at reducing the carbon footprint of the financial industry. The collaboration will integrate Cogo’s carbon footprint management technology with Saascada’s digital banking platform, enabling banks and financial i…

JLL and Mashreq Pursue LEED Zero Carbon Certification for Global HQ

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JLL and Mashreq Pursue LEED Zero Carbon Certification for Global HQ

Mashreq Bank, in collaboration with JLL, has embarked on a significant environmental initiative, aiming to secure LEED Zero Carbon certification for its global headquarters. This ambitious project marks a pivotal step in Mashreq's sustainability strategy, reflecting a b…

Older Adults Mobilize Against Climate Change

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Older Adults Mobilize Against Climate Change

Older adults are increasingly taking the lead in the fight against climate change, using their time, experience, and resources to make a significant impact. Despite the physical vulnerabilities they face due to climate change, such as increased susceptibility to heat-relate…

Estimates of Climate Change Costs Remain Uncertain

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Estimates of Climate Change Costs Remain Uncertain

As governments and organizations push to quantify the financial impact of climate change, many face a significant challenge: the unpredictability of temperature fluctuations and human behavior. This uncertainty complicates efforts to project the economic consequences of a w…

Masdar and TotalEnergies Launch Green Hydrogen to SAF Project

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Masdar and TotalEnergies Launch Green Hydrogen to SAF Project

Masdar and TotalEnergies are embarking on a groundbreaking initiative to convert green hydrogen into sustainable aviation fuel (SAF) in Abu Dhabi. This innovative project represents a significant step in advancing clean energy technologies and aims to transform the aviation…

Methane Surge Since 2020 Attributed to La Niña and Wetlands

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Methane Surge Since 2020 Attributed to La Niña and Wetlands

Methane levels in the atmosphere have seen a significant rise since the early 2020s, with researchers pointing to La Niña events and warming wetlands as key contributors. According to a comprehensive study, these natural phenomena have amplified methane emissions, posing a gr…

Kerala Landslides Linked to Arabian Sea Warming?

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Kerala Landslides Linked to Arabian Sea Warming?

Kerala is grappling with devastating landslides in Wayanad, which experts believe are connected to the warming of the Arabian Sea. Scientists emphasize the role of climate change, excessive mining, and deforestation in exacerbating these natural disasters. The catastrophic…

Dubai Advances Clean Energy Strategy with Innovative Projects

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Dubai Advances Clean Energy Strategy with Innovative Projects

Dubai continues its strides towards a sustainable future by accelerating its clean energy initiatives. This ambitious plan aims to provide 100% of the emirate's energy production capacity from clean energy sources by 2050, aligning with the Dubai Clean Energy Strategy 2…

Al Jalila Foundation and Positive Zero Agree on Decarbonization

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Al Jalila Foundation and Positive Zero Agree on Decarbonization

Al Jalila Foundation has taken a significant step towards environmental sustainability by signing a decarbonization agreement with Positive Zero, a prominent firm specializing in carbon reduction technologies. This collaboration aims to implement comprehensive strategies to…

Yellen: $3 Trillion Yearly for Climate Financing

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Yellen: $3 Trillion Yearly for Climate Financing

The global fight against climate change requires an annual investment of $3 trillion, according to Treasury Secretary Janet Yellen. This figure vastly exceeds the current levels of climate financing and highlights the urgent need for increased funding to address the climate…

Advertising Industry Urged to Combat Climate Crisis Through Creativity

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Advertising Industry Urged to Combat Climate Crisis Through Creativity

At the Smithsonian Institution’s National Museum of American History on March 1, 2024, the Advertising & Society Colloquium served as a pivotal platform for discussing the advertising industry's role in tackling the environmental crisis. University of Oregon adverti…

Air and Defense Sectors Contribute 10% of Greenhouse Gases

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Air and Defense Sectors Contribute 10% of Greenhouse Gases

At the Farnborough Air Show, industry leaders highlighted a significant environmental concern: the aviation and defense sectors are responsible for approximately 10% of global greenhouse gas emissions. This revelation underscores the growing urgency for sustainable practice…

Sustainable Finance Takes Center Stage at Rio Conference

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Sustainable Finance Takes Center Stage at Rio Conference

Al Hussaini emphasized the pivotal role of sustainable finance during his address at the COP28-G20 Conference on Sustainable Finance in Rio de Janeiro. He highlighted the urgent need for global cooperation in transitioning to a greener economy. The conference, which gather…

ACI and Airbus Collaborate to Decarbonize Aviation

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ACI and Airbus Collaborate to Decarbonize Aviation

Aviation industry leaders, ACI World and Airbus, have announced a significant partnership to accelerate the decarbonization of global aviation. The collaboration aims to support the aviation sector's commitment to achieving net zero carbon emissions by 2050, aligning wi…

Empathy and Climate Action: Understanding Adaptive Response Mechanisms

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Empathy and Climate Action: Understanding Adaptive Response Mechanisms

Innovative research is shedding light on how empathy influences climate action strategies. The latest studies integrate multidimensional learning paradigms and computational modeling to explore how individuals tailor their responses to distress based on various social and e…

Kuwait Oil Company Expands Focus with Renewables and Hydrogen Advisory

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Kuwait Oil Company Expands Focus with Renewables and Hydrogen Advisory

Kuwait Oil Company has taken a significant step in its strategic shift towards sustainability by awarding a key advisory contract focused on renewable energy and hydrogen technologies. This move reflects the company's commitment to diversifying its energy portfolio and …

Global Electricity Demand to Surge by 4% This Year

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Global Electricity Demand to Surge by 4% This Year

A significant increase in global electricity demand is projected for this year, with an anticipated rise of approximately 4%, surpassing the 2.5% growth recorded in 2023. This surge is primarily attributed to robust economic expansion, elevated heatwaves, and the accelerate…

EU Data Centers Projected to Boost Electricity Use by 30%

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EU Data Centers Projected to Boost Electricity Use by 30%

The International Energy Agency (IEA) has recently projected a significant increase in electricity consumption by data centers in the European Union, estimating a 30% rise above 2023 levels by 2026. This forecast underscores growing concerns about the sustainability of digi…