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Carbon credits need more supply and integrity to meet global demand, says IEF

By Third party content on December 5, 2022
Carbon credits could make a significant contribution to achieving net zero by 2050, but only if participants address issues over limited supply and integrity, the Secretary General of the International Energy Forum (IEF) told a conference. Trade in voluntary carbon credits could grow 100-fold by 2050 if teething problems are addressed, Joseph McMonigle said in […]
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Sustainable City Yiti outlines commitment to Oman

By Third party content on December 4, 2022
The Sustainable City-Yiti (TSCY) has reaffirmed its commitment to Oman and its economy. The Sustainable City-Yiti is being developed by Sustainable Development Investment Company (SDIC), a partnership between Diamond Developers and Oman Tourism Development Company (Omran Group). The billion-dollar development aims to support the goals of the Oman Vision 2040, as well as the National […]
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Federal law regulating linkage of renewable energy production units to electrical grid approved

By Third party content on November 26, 2022
The Ministry of Energy and Infrastructure has announced the approval of the federal law regulating the linkage of distributed renewable energy production units to the electrical grid. The new law aims to enable the production of electricity from renewable sources and achieve the UAE's objectives in terms of diversifying renewable energy sources and optimal utilisation […]
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Measuring the “S” in ESG through the investors’ lens of people well-being

By Third party content on November 22, 2022
How corporations measure their social impact — the "S" in ESG — can greatly influence how they address the well-being of their employees, communities, and other stakeholders Persistent social inequalities and the urgent need for a fair transition to a more sustainable economy bolster the argument for measuring and reporting social risks and impacts as […]
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RECAPP launches B2B digital recycling platform in UAE

By Third party content on November 12, 2022
RECAPP has marked its second anniversary with the launch of the first B2B digital recycling platform in the UAE. GoRECAPP.com will enable UAE businesses to deploy recycling boxes on their premises, providing adapted digital solutions for retail stores, offices, schools, sport facilities, hotels, restaurants and any other types of organisations. RECAPP announced the launch yesterday […]
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BEEAH Tandeef kicks off sustainable waste management services at COP27

By Third party content on November 11, 2022
BEEAH Tandeef, BEEAH Group’s waste collection and city cleaning business, has begun delivering a landmark ten-year contract with the coastal city of Sharm El Sheikh in partnership with Green Planet, Egypt’s emerging environmental services company. The contract commenced a few days prior to COP27 in Egypt. BEEAH Group signed the contract with the Governorate of […]
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ADGM publishes Consultation Paper on comprehensive sustainable finance regulatory framework

By Third party content on November 11, 2022
Abu Dhabi Global Market (ADGM) today announced the publication of a Consultation Paper on a proposed comprehensive Sustainable Finance Regulatory Framework, covering rules on sustainability-orientated investment funds, managed portfolios and bonds as well as a framework on environmental disclosures by ADGM companies. The measures contained in the paper aim to enable an accelerated growth of […]
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Sharjah Taxi increases fleet of hybrid vehicles by 65%

By Third party content on October 31, 2022
Sharjah Taxi, a subsidiary of Sharjah Asset Management Company, investment arm of the Government of Sharjah, is seeking to increase the number of its hybrid vehicle fleet cars that operate dually on both fuel and electricity. This decision is in line with the Emirate’s vision to rationalize the use of energy, in accordance with its […]
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Oman initiative to produce 1 million tons of green hydrogen

By Third party content on October 25, 2022
Oman has set up Hydrom, a fully owned subsidiary of Energy Development Oman SAOC (EDO) to meet its goal of becoming one of the largest green hydrogen producers globally, targeting production of one million tons by 2030. Regulated by the Ministry of Energy and Minerals, Hydrom’s mandate includes the delineation of Government-owned land areas and […]
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Mubadala invests in world’s largest private offshore wind energy developer

By Third party content on October 24, 2022
Mubadala Investment Company, the Abu Dhabi-based sovereign investor managing a global portfolio of assets valued at US$284 billion, has acquired a stake in Skyborn Renewables, the world’s largest private offshore wind developer, alongside Global Infrastructure Partners (GIP). The acquisition of a 100 percent interest in Skyborn Renewables provides GIP and co-investors, including Mubadala, with access […]
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