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Executives from "hard-to-abate" industries have called for increased financing to support decarbonization efforts, following the release of a landmark report.
According to the report, less than a third believe they have adequate budgets to do so, and more than half have yet to set net-zero targets.
According to the report, reducing emissions in the hard-to-abate industries—cement, steel, aluminum, petrochemicals, shipping, aviation, heavy industry, and manufacturing—is vital in the effort to combat climate change, with industry and transport accounting for almost half of global emissions.
A report says the BEEAH Headquarters in Sharjah, the first fully AI-integrated building in the Middle East, has just received the OpenBlue Pioneer "Blueprint of the Future" award from Johnson Controls, the global leader for smart, healthy, and sustainable buildings.
The BEEAH headquarters is built to LEED Platinum standards and is aiming for net-zero emissions. A large part of its power needs are met by a solar power plant on-site.
According to the news, Tupan, an innovative air vehicle technology company, has announced a partnership agreement with ForestAu Green LLC to start its operations in the United Arab Emirates.
The announcement comes as the company wraps up its participation in IDEX 2023, the largest defence exhibition and conference in the Middle East.
At the BIM & Digital Twins Saudi Arabia 2023 Conference & Expo, held in Riyadh on February 14 and 15, Glennon outlined the company’s focus on becoming a leader in sustainable development and its path to digital maturity, said the report.
David Glennon is the Senior Digital Delivery Director at Red Sea Global. He knows that the company's goal is to set new standards for sustainable development.
Glennon stressed that Red Sea Global is committed to enhancing habitats in ways that continually renew the environment, adopting and developing pioneering technologies that optimise operational efficiencies, and using scientific research, data, and technology to make informed decisions.
According to the report, the company’s principles extend to creating socio-economic benefits and employment opportunities, which includes growing the tourism and hospitality talent pool through external partnerships and training initiatives.
As a result, Red Sea Global is free of single-use plastics, is carbon neutral, sends zero waste to landfills, and gets 100% of its energy from renewable sources.
The company has a net positive environmental benefit of 30% and meets LEED Platinum Building standards.
A report says Saudi Arabia‘s Ministry of Municipal, Rural Affairs, and Housing has mandated that earthquake resistance design be incorporated into all new residential buildings constructed in the country.
LS ELECTRIC’s product portfolio in Saudi Arabia includes a range of electrical products, such as air circuit breakers, medium-voltage vacuum circuit breakers, and type-tested switchgear solutions, among others.
The company also offers smart power solutions that complement its electrical products and help customers improve their power efficiency, according to the report.
In addition, LS Electric has been actively expanding its operations in Saudi Arabia, with a focus on increasing its production capacity and introducing new products to the market. The company’s efforts to align with the digital transformation trend have also been well received in the country.
According to the report, Oman has been at the forefront of spearheading initiatives that advocate economic growth, social inclusion, and the protection of the country’s environment.
In line with the same, the Oman Sustainability Week (OSW) 2023, a national-level event hosted by the Ministry of Energy and Minerals (MEM) with Petroleum Development Oman (PDO) as the host organiser, is set to take place from March 12 to 16, it was announced at a press conference.
The event dedicated to enhancing the future of energy, power, water, waste, the environment, and society is strongly aligned with Oman Vision 2040 and further reiterates the country’s commitment to the United Nations Sustainable Development Goals (UNSDGs), according to the report.
According to the report, Mohamed Nasr, chief negotiator at COP27, said that accelerating the transition to green energy has become an urgent necessity to avoid an energy shortage, stressing its importance on the agenda of COP28.
A report says Delta Hotels by Marriott, Dubai Investment Park, announces a new sustainability initiative in collaboration with AirOWater to transform humidity in the air into sustainable drinking water for hotel guests.
AirOWater technology generates fresh drinking water from moisture available in the air.
The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park—the largest clean energy project in Jordan.
Developed through a power purchase agreement between Masdar and the National Electric Power Company, Jordan’s state electricity provider, the Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually, enough to power 160,000 homes, according to the report.