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On the occasion of Earth Day 42 Flights were operated by Etihad as an effort to raise industry awareness in the drive for aviation decarbonisation
According to a recent report by the IEA, all future fossil fuel projects must be scrapped if the world is to reach net-zero carbon emissions by the target year 2050.
The lasting partnership between enviro-tech business CarbonClick and aviation consultancy SimpliFlying has created history operating the world’s longest net-positive flight.
The collaboration of Abu Dhabi’s Department of Energy and the Ministry of Trade and Export Development for Saskatchewan, Canada, focuses on four key areas of sustainable energy including carbon capture, hydrogen and small modular reactors to work together on sustainable energy initiatives.
Climeworks has recently raised an unprecedented US$650 million in strategic investment as investors manifest an increased interest in direct air carbon capture. In fact these numbers are significantly higher than Verdox which managed to raise US$80 million in 2022.
Post-Pandemic in an increasingly uncertain world whose future was reshaped dynamically but faster than ever before, the financial lessons learned included the policy of wait and watch. Risk management took a 360-degree turn. The policy of caution that everyone has been exercising also meant fewer takers for anything remotely risky; in this case ESG.
The Ministry of Presidential Affairs has announced the start of official mourning for a period of 40 days, starting today, to mark the death of the UAE President Sheikh Khalifa bin Zayed Al Nahyan. All flags will fly at half-mast.
Al Jalila Foundation’s biobank features an automated, robotic, AI-based system will ensure that more than seven million human biological samples for genetic research are secured in cryogenic storage – below 80 degree Celsius.
In 2021, Masdar committed to more than $3 billion in renewable energy investments, bringing the combined value of its renewable energy portfolio to more than $20 billion.
New research presented by McKinsey & Company suggests that as energy transition continues to gain steam, with oil demand projected to peak in this decade, potentially as soon as 2025.