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AstraZeneca unveils new sustainable offices at TECOM Group’s Dubai Science Park

By Third party content on September 18, 2023
AstraZeneca inaugurated its new sustainable offices in Dubai Science Park, a member of the TECOM Group PJSC. The offices mark a critical milestone along the company’s carbon footprint reduction journey in the UAE. The offices are part of a raft of measures by AstraZeneca to accelerate the transition to sustainable healthcare in the UAE, aligned […]
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Scientists invent a bright way to upcycle plastics into liquids that can store hydrogen energy

By Third party content on September 18, 2023
Scientists from Nanyang Technological University, Singapore (NTU Singapore) have created a process that can upcycle most plastics into chemical ingredients useful for energy storage, using light-emitting diodes (LEDs) and a commercially available catalyst, all at room temperature.
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Half a million homes to be powered by world’s biggest solar park in Dubai

By Third party content on September 18, 2023
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Minister of the Presidential Court, on Wednesday witnessed the signing of an agreement between the Dubai Electricity and Water Authority and Masdar to implement the sixth phase of the project to develop the world’s largest single-site solar […]
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Amazon Signs Deal for Low Carbon Shipping with Maersk

By Third party content on September 18, 2023
Integrated container logistics company A.P. Moller – Maersk and Amazon announced today an agreement for ocean shipping utilizing low to very low GHG emissions biofuels in place of fossil fuels. The new 2023-2024 agreement includes transport of 20,000 FFE containers using green biofuels, which will result in an estimated 44,600 metric tons of CO2e emissions […]
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Oman formulates roadmap to foster sustainable financing

By Third party content on September 18, 2023
The Central Bank of Oman (CBO) has formulated a preliminary roadmap aimed at fostering sustainable and green financing within the domestic financial system, a recent report revealed. The CBO’s Financial Stability Report (FSR) 2023 published recently said, “CBO is also actively encouraging financial institutions to develop policies that facilitate and promote green financing.”“Moreover, CBO is […]
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COP28 Presidency announces $4.5 billion UAE finance initiative to unlock Africa’s clean energy potential

By Third party content on September 11, 2023
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, today announced a UAE finance initiative that will provide US$4.5 billion to help unlock Africa’s clean energy potential. The announcement was made during a keynote address at the inaugural African Climate Summit in Nairobi, Kenya. The landmark initiative brings together […]
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Azizi Developments and Siemens sign MoU to achieve UAE’s sustainability goals

By Third party content on September 11, 2023
Azizi Developments, a leading private developer in the UAE, has signed an MoU with Siemens, the German technology company, to further the energy efficiency of its smart buildings and to thereby work towards a more sustainable, net-zero future. As part of this newly-formed collaboration, Siemens will strengthen Azizi’s pursuit of – and emphasis on – […]
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UAE’s ADNOC to proceed with Habshan carbon capture project

By Third party content on September 11, 2023
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan carbon capture project. The carbon capture, utilisation and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million metric tons of carbon dioxide a year, ADNOC said in a statement. ADNOC […]
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Masdar Park design earns Estidama ‘Exemplar’ sustainability rating

By Third party content on September 11, 2023
Masdar City’s Masdar Park has achieved the “Exemplar” design rating under the Estidama Public Realm Rating System, becoming the second community park in Masdar City, Abu Dhabi, and the region to achieve this rating. This recognition signifies that plans for Masdar Park have met or surpassed the Estidama system’s economic, environmental, social, and cultural standards […]
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Emirates Development Bank unveils bespoke solar energy financing programme

By Third party content on September 8, 2023
Emirates Development Bank (EDB) has unveiled a new first-of-its-kind Solar Energy Finance Programme aimed at supporting micro, small, and medium enterprises (mSMEs) across diverse sectors within the UAE. The programme will allocate AED100 million to bolster the adoption of green energy solutions, focusing on solar energy initiatives. The new programme aims to support the shift […]
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