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Azerbaijan's Climate Fund Faces Challenges in Addressing Finance Gaps

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Azerbaijan's Climate Fund Faces Challenges in Addressing Finance Gaps

Azerbaijan's announcement of a new climate fund aimed at addressing global climate challenges has sparked debate among experts and policymakers. While the initiative reflects a growing awareness of the need for urgent action in combating climate change, skepticism remai…

Major Firms Qualify for Oman Wind Energy Projects

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Major Firms Qualify for Oman Wind Energy Projects

Oman’s Nama Power and Water Procurement Company (Nama PWP) has identified several prominent utility developers to spearhead the construction of five large-scale wind energy projects. This initiative marks a significant step in the nation’s efforts to diversify its energy so…

World Bank boosts climate financing to record $42.6bn for fiscal 2024

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World Bank boosts climate financing to record $42.6bn for fiscal 2024

World Bank's commitment to addressing global climate challenges reached an all-time high, with $42.6 billion in climate finance delivered during fiscal 2024. This marks a $4 billion increase from the previous fiscal year and highlights the institution’s efforts to align…

G42 and Nvidia Forge Alliance for Climate Innovation

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G42 and Nvidia Forge Alliance for Climate Innovation

A new collaboration between G42, a prominent technology company in the UAE, and Nvidia, a global leader in AI computing, aims to develop advanced climate solutions utilizing G42's Earth-2 platform. This partnership is positioned to harness cutting-edge artificial intell…

Saudi Arabia's EV Charging Infrastructure Requires 100-Kilometer Intervals

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Saudi Arabia's EV Charging Infrastructure Requires 100-Kilometer Intervals

Saudi Arabia's ambitious push toward electric vehicles (EVs) faces a significant challenge with the need to establish a comprehensive charging infrastructure. Industry leaders assert that to support the Kingdom's transition to electric mobility, charging stations mu…

TAQA Initiates Dhs150 Million Wastewater Initiative in Al Bahia

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TAQA Initiates Dhs150 Million Wastewater Initiative in Al Bahia

The Abu Dhabi National Energy Company (TAQA) has unveiled a major investment of Dhs150 million in a new wastewater treatment project located in Al Bahia, Al Sadr. This development marks a significant step in TAQA’s ongoing efforts to enhance infrastructure and environmental…

UAE’s Solar Push for Northern Emirates to Cut Power Costs

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UAE’s Solar Push for Northern Emirates to Cut Power Costs

The United Arab Emirates is advancing a new solar energy initiative aimed at reducing electricity bills for homes in the Northern Emirates. This initiative, introduced by the UAE’s Energy and Infrastructure Ministry, focuses on leveraging solar power to enhance energy effic…

Middle East targets $75 billion renewable energy expansion

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Middle East targets $75 billion renewable energy expansion

The Middle East is rapidly becoming a hub for renewable energy projects, with a forecast of $75 billion worth of investments in the sector. This growth is driven by regional governments’ determination to diversify energy portfolios, reduce reliance on fossil fuels, and meet…

MoEI and EtihadWE Launch Initiative to Drive Renewable Energy in Northern Emirates

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MoEI and EtihadWE Launch Initiative to Drive Renewable Energy in Northern Emirates

The Ministry of Energy and Infrastructure (MoEI) and Etihad Water and Electricity (EtihadWE) have joined forces to promote the use of renewable energy in the Northern Emirates. This collaboration focuses on expanding sustainable energy resources and reducing carbon emission…

Imtiaz Developments Partners with EEG for Green Initiative

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Imtiaz Developments Partners with EEG for Green Initiative

Imtiaz Developments has teamed up with the Emirates Environmental Group (EEG) to launch an ambitious sustainability project aimed at enhancing environmental conservation in the UAE. The collaboration, dubbed "One Tree, One Apartment," focuses on integrating green …

Abu Dhabi Unveils Eco-Friendly Bus Initiative

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Abu Dhabi Unveils Eco-Friendly Bus Initiative

Abu Dhabi has introduced a new green bus service aimed at reducing the capital's carbon footprint and promoting sustainable urban transport. This initiative represents a significant step in the city's efforts to enhance environmental sustainability and provide more …

Dubai firm transforms sand, date seeds into eco-friendly building material

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Dubai firm transforms sand, date seeds into eco-friendly building material

A Dubai-based startup is pioneering a sustainable revolution in construction by turning sand and date seeds into innovative building materials. ARDH Collective, which has gained attention in the architectural world for its eco-conscious approach, is at the forefront of an e…

UAE’s clean energy contribution rises to 27.83% in total energy mix

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UAE’s clean energy contribution rises to 27.83% in total energy mix

The UAE's clean energy sector has reached a significant milestone, with renewable energy now comprising 27.83% of the country's total energy mix, as revealed by the nation's energy minister. This development underscores the UAE's continued commitment to dive…

AMEA Power to build Africa’s largest solar PV project

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AMEA Power to build Africa’s largest solar PV project

AMEA Power is set to establish Africa’s largest solar photovoltaic (PV) project, with plans to construct a 1,000 MW solar PV facility in Egypt’s Aswan Governorate. The project, complemented by a 500 MWh battery energy storage system (BESS), will form a critical component of…

UAE's Sheikh Abdullah Urges Action Beyond Consensus at COP29

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UAE's Sheikh Abdullah Urges Action Beyond Consensus at COP29

Sheikh Abdullah bin Zayed, the UAE's Deputy Prime Minister and Minister of Foreign Affairs, has emphasized the necessity for actionable steps beyond consensus for COP29. Addressing global leaders and stakeholders, Sheikh Abdullah underscored that while consensus is vita…

Heart Aerospace reveals full-scale prototype for hybrid-electric aircraft

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Heart Aerospace reveals full-scale prototype for hybrid-electric aircraft

Swedish manufacturer Heart Aerospace has taken a significant step towards revolutionizing regional air travel with the unveiling of its first full-scale demonstrator for the ES-30 hybrid-electric aircraft. Built almost entirely in the company's Gothenburg facility, the …

Electric Boat Completes Baltic Sea Journey Successfully

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Electric Boat Completes Baltic Sea Journey Successfully

A pioneering electric vessel has achieved a milestone by successfully crossing the Baltic Sea, marking a significant advance in maritime sustainability. The boat, developed by Swedish startup Xshore, is the first of its kind to make this journey, demonstrating the potential…

Doha Bank and MUFG Launch First Green Repo in Middle East

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Doha Bank and MUFG Launch First Green Repo in Middle East

MUFG EMEA and Doha Bank have completed the Middle East's inaugural Green Repurchase Agreement (repo), marking a significant milestone in the region's sustainable finance landscape. This transaction, which was successfully closed in September 2024, underscores the gr…

Kia and The Ocean Cleanup Announce Future Plans for Great Pacific Garbage Patch

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Kia and The Ocean Cleanup Announce Future Plans for Great Pacific Garbage Patch

Kia and The Ocean Cleanup have marked a significant milestone in their partnership aimed at tackling the Great Pacific Garbage Patch. This collaboration, which began in 2021, has reached a pivotal point as both entities announce their joint achievements and outline ambitiou…

National Holding Earns Prestigious Green Certificate from Moro Hub for Sustainability Leadership

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National Holding Earns Prestigious Green Certificate from Moro Hub for Sustainability Leadership

National Holding has achieved a significant milestone by earning the Green Certificate from Moro Hub, a recognition awarded for outstanding sustainability practices. The UAE-based investment company has been actively involved in promoting green initiatives, aligning itself …

Abu Dhabi Firms Team Up for Major Reforestation in Malawi

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Abu Dhabi Firms Team Up for Major Reforestation in Malawi

Offset8, an Abu Dhabi-based environmental organization, and iRise, a tech and sustainability company, have unveiled an ambitious initiative to restore 10 million trees in Malawi. This extensive reforestation project, which will be executed over the next decade, aims to addr…

Abu Dhabi Unveils Ambitious 5GW Gas Power Initiative

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Abu Dhabi Unveils Ambitious 5GW Gas Power Initiative

Abu Dhabi is set to embark on a transformative energy project, aiming to expand its gas-fired power generation capacity by 5 gigawatts (GW). This significant investment underscores the emirate’s commitment to maintaining energy security and supporting its economic growth wh…

UAE marks historic achievement with first successful HAPS flights

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UAE marks historic achievement with first successful HAPS flights

The United Arab Emirates has completed its first-ever successful test flights of High-Altitude Pseudo-Satellites (HAPS), marking a significant milestone in the country's efforts to become a global leader in advanced aerospace technologies. The HAPS flights, carried out …