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“The falling of small stones . starts an avalanche in the mountains”, says the wizard Gandalf in the Lord of the Rings. From an environmental perspective, the small stones are the growing number of global initiatives and the avalanche is the radical transformation of the Middle East’s energy system.
In December, the UAE filed its updated Nationally Determined Contribution under the Paris Agreement on climate change, with various commitments such as a 23.5 per cent cut to greenhouse gas emissions by 2030. The hydrogen alliance between Adnoc, ADQ and Mubadala was announced a month later.
In early April, Saudi Arabia’s crown prince Mohammed bin Salman announced the Saudi Green Initiative, with goals including the planting of 10 billion trees and the generation of half of the country’s electricity from renewables by 2030.
How Middle East businesses can rise to the net-zero challenge
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How Middle East businesses can rise to the net-zero challenge
Banks and FI’s are in a position to play a key role in accelerating the transition to a low carbon economy
by Mohamed Salama
May 1, 2021
Six years ago, representatives from almost every nation around the world met in Paris and vowed to work together to combat the looming threat of climate change. Since then, the transition to net zero has undoubtedly become a non-negotiable priority for governments and organisations alike.
The UAE by 2030; Futuristic Strategies Planning a Whole Decade albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Dewa launches cleantech initiative for communities
DUBAI, 3 hours, 55 minutes ago Dubai Electricity and Water Authority (Dewa)’s Innovation Centre at the Mohammed bin Rashid Al Maktoum Solar Park has launched the Cleantech Connect programme to encourage communities to support a sustainable energy future. The programme enables innovators, achievers, and professors in clean energy to demonstrate their success in clean energy technologies, share knowledge, raise awareness in society on the latest developments and innovations of clean energy technologies. “The Innovation Centre supports the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai’s total power capacity from clean energy sources by 2050. It also boosts the UAE and Dubai’s position in sustainability, being a global platform for renewable and clean energy innovations that shapes the future of sustainable energy around the world. The Centre is a shining example of Dewa’s work to increase innovation in clea
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