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Green finance initiatives launched by TAQA

By Third party content on April 17, 2023
Abu Dhabi National Energy Company (TAQA) has launched a new green finance framework for the issuance of green bonds, sukuks, loans, and other key debt instruments. Proceeds from these new offers will go to eligible green projects including renewable energy, energy efficiency, sustainable water and wastewater management, clean transportation, and terrestrial and aquatic biodiversity. Projects […]
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Greenwashing, economy ‘will stall sustainability progress’

By Third party content on April 17, 2023
The inability to execute, pressured by fewer resources, threatens to compound previous risks, unless executives take the appropriate steps to achieve sustainability. Sustainability is a critical corporate issue, touching everything from climate change and clean air, to regulatory compliance and brand integrity, says the second annual sustainability survey, conducted by The Harris Poll and sponsored […]
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Vertical farms to transform agricultural promotion zones in Korea

By Third party content on April 12, 2023
In an ambitious move to increase the smart agriculture penetration rate to 30% of agricultural production by 2027, the Korean government plans to establish a system that enables the installation of vertical smart farms within agricultural promotion zones. This initiative will require overcoming the current land-use restrictions that typically limit development and construction projects in […]
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LuLu warehouse to run on solar energy: Big step towards sustainability

By Third party content on April 12, 2023
As part of Lulu’s ESG & Sustainability programs, a solar project is being installed at LuLu Warehouse in Riyadh, Saudi Arabia, in accordance with a contract with Kanoo Renewable Energy and CleanMax. As a result of the project, the first year is expected to generate 0.87 Mn kWh of electricity. With such a large solar […]
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EU reaches deal on higher renewable energy share by 2030

By Third party content on April 11, 2023
The European Union has reached a provisional deal to raise the share of renewables in its final energy consumption to 42.5% by 2030, under the revision of the Renewable Energy Directive (RED). The deal, reached on March 30, 2023, brings the EU one step closer to completing the ‘Fit for 55’ legislation to deliver the European […]
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Switzerland’s Ventile Links With Egyptian Farmers in Sustainability Move

By Third party content on April 11, 2023
Ventile, the Swiss-based manufacturer of high-performance textiles, has entered into a joint venture with cotton farmers in Egypt to help them apply biodynamic cultivation methods to their crops. In partnership with the Egyptian Biodynamic Association (EBDA), Ventile will help its 2,380 members convert to organic and biodynamic regenerative farming methods that will have a positive impact on the environment. It will […]
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Abu Dhabi Customs recycles 578 counterfeit goods

By Third party content on April 10, 2023
Abu Dhabi Customs has recycled 578 counterfeit goods of international trademarks valued at AED2 million, seized by customs centres during 2022 and the first quarter of 2023. The counterfeit goods, which were recycled to convert into materials usable in other fields, included leather accessories such as bags and clothes, watches and belts, cotton and sports […]
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Dubai Free Zones Council sets green economy as a key priority on its agenda

By Third party content on April 5, 2023
The Dubai Free Zones Council (DFZC) meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Council, explored the Dubai Economic Agenda (D33), which aims to position Dubai among the top three global cities and double the size of its economy in the next decade. The Council affirmed its commitment to achieving […]
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Roadmap identifies sustainable materials for energy harvesting

By Third party content on April 5, 2023
Researchers have put together a roadmap for sustainable materials for energy harvesting systems, from solar cells to thermal energy and even RF energy capture. Ravi Silva at the Advanced Technology Institute at the University of Surrey in the UK with over 100 collaborators, including Prof Vincenzo Pecunia at Simon Fraser University in British Columbia, looked […]
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What green finance and carbon markets mean for the GCC

By Third party content on April 4, 2023
The 28th edition of the Conference of Parties (Cop28) is fast approaching and the UAE, as the host nation, and the Middle East more generally are gearing up to show leadership and initiative in effectively tackling climate change issues.  The key question is how Gulf states' net-zero pledges will be put into action in the coming decade. A critical […]
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