Category: Climate Action

Greenlogue/APIraq's Ministry of Electricity is intensifying efforts to bolster its renewable energy capacity, engaging in virtual discussions with officials from the UAE's Masdar to expedite the development of solar power projects totaling 1,000 megawatts across the provinces of Maysan, Dhi Qar, and Anbar. The meeting, led by Electricity Minister Ziyad Ali Fadel, focused on finalising power purchase agreements and addressing implementation challenges, according to a statement from the ministry.This collaboration is part of Iraq's broader strategy to diversify

Greenlogue/APNearly 400 scientists and experts involved in the sixth National Climate Assessment were abruptly dismissed by the Trump administration, casting doubt on the future of the congressionally mandated report. The NCA, a comprehensive study produced every four years since 1990, guides federal and local governments in preparing for climate change impacts. The administration also disbanded the Global Change Research Program, which coordinated the NCA, and removed climate-related information from federal websites.In response, two major U.S. scientific societies—the American

Greenlogue/APGulf Warehousing Company has launched one of the largest private solar energy initiatives in the GCC, marking a significant step towards sustainability within the logistics sector. The move, made in collaboration with Yellow Door Energy, aims to position GWC as a key player in the region’s push for greener, more efficient logistics operations.The ambitious project will see the installation of solar power plants at three of GWC's strategic logistics hubs in Qatar, including Logistics Village Qatar, Bu Sulba

Greenlogue/APDubai is set to host the 11th World Green Economy Summit on 1–2 October 2025 at the Dubai World Trade Centre. Organised by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority , and the World Green Economy Organization , the summit will convene global leaders, policymakers, and experts to discuss strategies for advancing sustainable development and climate resilience.Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister

Greenlogue/APNEOM Green Hydrogen Company has initiated a substantial recruitment campaign to staff its forthcoming green hydrogen facility at Oxagon in Saudi Arabia's northwestern region. This initiative seeks to attract skilled professionals across various departments, including Corporate, Environment, Health, Safety, and Security , Risk Management, Operations & Maintenance, Finance, Information Technology, and Cyber Security. The construction of this plant is progressing on schedule, with full operational capacity targeted by the end of 2026.In a demonstration of the project's appeal,

Greenlogue/APCarbon Clean has announced the successful completion of the world's first industrial deployment of its modular carbon capture technology, CycloneCC. Over a six-month period, the system achieved approximately 4,000 operating hours, delivering a high-purity carbon dioxide product.CycloneCC is designed to address key challenges in industrial carbon capture by offering a fully modular solution that reduces both cost and space requirements. The technology utilises rotating packed bed technology, which significantly decreases the size of equipment—by a factor

Greenlogue/APAbu Dhabi National Oil Company has initiated a tender process for the engineering, procurement, and construction of Project Rabdan, a low-carbon ammonia production facility slated for construction in the Taziz industrial complex. The plant is designed to produce one million tonnes per year of blue ammonia, leveraging natural gas feedstocks while capturing and storing carbon dioxide emissions to reduce its carbon footprint.The EPC tender follows the completion of front-end engineering and design studies, marking a significant

Greenlogue/APSaudi Arabia's Acwa Power is intensifying its collaboration with Chinese enterprises, undeterred by escalating global trade disputes. The energy giant has formalized agreements exceeding $1.78 billion, focusing on renewable energy, battery storage, and research and development initiatives across regions including the Gulf, China, Central Asia, and North Africa. These deals, announced at the Future Investment Initiative conference in Riyadh, encompass a $54 million investment dedicated to establishing a research and development center in Shanghai.In a strategic move, Acwa Power

Tanmiah Food Company, a prominent supplier of fresh poultry, processed proteins, and animal feed, has entered into a partnership with Emerge, a joint venture between Masdar and the EDF Group, to develop a 3 megawatt-peak solar power plant at Tanmiah's agricultural processing facility in Haradh, Saudi Arabia. This initiative aligns with Saudi Arabia's clean energy objectives and underscores Tanmiah's commitment to sustainability.Under the terms of the agreement, Emerge will provide a comprehensive turnkey solution encompassing finance, design, procurement, construction,

Airbus has announced a delay in the development of its hydrogen-powered commercial aircraft, originally slated for introduction by 2035. The postponement, expected to extend the timeline by five to ten years, underscores the formidable technological and infrastructural challenges associated with hydrogen propulsion in aviation.The company cited slower-than-anticipated advancements in critical technologies and the absence of a comprehensive regulatory framework for certifying hydrogen-powered aircraft as primary reasons for the delay. Additionally, the limited availability of green hydrogen, produced using renewable energy

Abu Dhabi Future Energy Company, widely known as Masdar, has significantly bolstered its position in the global renewable energy sector by deploying approximately AED30 billion in equity investments and securing over AED16.5 billion in project financing across nine countries. These strategic moves underscore Masdar's commitment to expanding its renewable energy portfolio and driving the global transition towards sustainable energy sources.Established in 2006, Masdar has been instrumental in advancing the United Arab Emirates' vision of becoming a global leader in

Saudi Aramco, in collaboration with Siemens Energy, has inaugurated the kingdom's inaugural direct air capture unit, a pilot facility designed to extract 12 tonnes of carbon dioxide annually from the atmosphere. This initiative represents a significant advancement in Saudi Arabia's commitment to reducing greenhouse gas emissions and exploring sustainable technologies.The DAC unit, situated in Dhahran, serves as a testing platform for next-generation CO₂ capture materials tailored to Saudi Arabia's unique climatic conditions. Aramco aims to utilize this facility to

Abu Dhabi's renewable energy company, Masdar, is nearing a $200 million agreement to acquire a 49.9% stake in a 450-megawatt solar portfolio managed by Spanish utility Endesa. This strategic move aims to bolster Masdar's presence in Spain, aligning with its ambition to achieve 100 gigawatts of global renewable energy capacity by 2030.A Masdar spokesperson commented on the company's expansion goals, stating that they are actively exploring opportunities in the region to meet their global target. Endesa has chosen not to

Aldar Investment Properties , a subsidiary of Aldar Properties, has successfully issued a $500 million 10-year green sukuk, significantly enhancing its financial standing. The issuance witnessed remarkable investor interest, with the order book surpassing $3.6 billion, indicating an oversubscription rate of 7.2 times. Regional investors accounted for 61% of the allocations, while international investors took up the remaining 39%.The sukuk was competitively priced at a spread of 110 basis points over the 10-year US Treasury yield, resulting in a

In a significant move to bolster global sustainability efforts, the United Arab Emirates and Denmark have formalized a partnership aimed at enhancing cooperation in sustainable agriculture and food systems. This development underscores both nations' commitment to addressing pressing environmental challenges and ensuring food security.On 12th March 2025, His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE's Deputy Prime Minister and Minister of Foreign Affairs, met with Denmark's Minister of Foreign Affairs, Lars Løkke Rasmussen, in Copenhagen. During this meeting,

Dubai's real estate industry is undergoing a significant transformation as developers, regulators, and investors align efforts to achieve a net-zero built environment by 2030. This collective endeavour is driven by policy initiatives, financial incentives, and technological advancements, positioning sustainability at the forefront of the sector's evolution.The United Arab Emirates has committed to the Net Zero 2050 initiative, aiming to eliminate carbon emissions by mid-century. This national strategy places substantial responsibility on Dubai's real estate market to implement energy-efficient designs

The Gulf Cooperation Council experienced a slight increase in announced greenfield foreign direct investments in 2024, with the total number of projects rising by just under 1% to 1,830 from 1,813 in 2023, according to Emirates NBD Research. This modest growth underscores the region's ongoing efforts to attract foreign investment, particularly in key markets like Saudi Arabia and the United Arab Emirates .Saudi Arabia emerged as the primary destination for greenfield FDI within the GCC, capturing 54% of

Sustainable bond issuance in the Middle East is anticipated to reach between $18 billion and $23 billion in 2025, according to S&P Global Ratings. This projection underscores the region's commitment to environmental, social, and governance initiatives, with the United Arab Emirates and Saudi Arabia expected to contribute approximately 60% of the total issuance.In 2024, sustainable bonds constituted over 25% of regional corporate and financial institution issuances, a figure notably higher than the global average of 9%. Despite this

Saudi Arabia has successfully issued its first sovereign green bond, raising €1.5 billion and marking a significant step in the Kingdom's commitment to sustainable financing. The issuance attracted substantial investor interest, with bids totaling €7.25 billion, indicating strong confidence in Saudi Arabia's environmental initiatives.The green bond is part of a dual-tranche euro-denominated issuance, which also included a 12-year conventional bond. The green tranche has a 7-year maturity and was priced at a spread of 100 basis points over mid-swaps,

National Central Cooling Company PJSC , a leading district cooling provider in the United Arab Emirates, has successfully issued a $700 million five-year green sukuk. This strategic move underscores the company's commitment to sustainable financing and positions it prominently within the rapidly expanding green finance sector.The sukuk, structured under Regulation S, carries a fixed profit rate of 5.29% per annum, with payments scheduled semi-annually. Initially marketed at a spread of 155 basis points over U.S. Treasuries, robust investor demand enabled

In a landmark decision, over 140 nations have committed to mobilising $200 billion annually by 2030 to safeguard global biodiversity. This agreement, finalised at the United Nations COP16 summit in Rome, aims to halt and reverse environmental degradation worldwide.The pact outlines a financial roadmap to support conservation efforts, particularly in developing countries. Key provisions include raising $20 billion annually by 2025, escalating to $30 billion by 2030, dedicated to biodiversity preservation in these regions. This initiative is part of the

The Gulf region’s strategic importance in global supply chains is increasing as the US seeks to secure critical minerals vital for technology and clean energy. With an eye on reducing dependence on China, the US is now pivoting towards the Gulf, an area rich in natural resources and energy infrastructure, to diversify its supply of rare earth elements and minerals.Recent geopolitical shifts have made it clear that the Gulf plays a crucial role in the US’s evolving energy security framework.

Saudi Arabia and Abu Dhabi are intensifying their efforts to transform their energy sectors, aiming to significantly increase renewable energy capacities by 2030 and 2035, respectively. These initiatives are central to their broader strategies for economic diversification and environmental sustainability.Saudi Arabia's Vision 2030 outlines a target for renewables to constitute 50% of the nation's energy mix by 2030, equating to approximately 130 gigawatts of renewable capacity. This ambitious plan includes a substantial focus on solar energy, projected to contribute

Policymakers, industry leaders, and researchers convened in New Delhi on Monday for the Prakriti 2025 conference, focusing on leveraging carbon markets to combat climate change and promote sustainable development. Union Minister for Power and Housing & Urban Affairs, Manohar Lal, inaugurated the event, emphasizing the government's commitment to integrating carbon markets into national climate policy.Organized by the Bureau of Energy Efficiency under the Ministry of Power, Prakriti 2025—Promoting Resilience, Awareness, Knowledge, and Resources for Integrating Transformational Initiatives—aims to foster