Tag: uae

CEOs of over 60 industry partners step up efforts to combat climate change through joint targets in renewables, green energy technologies, human skills, and finance at COP28.

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climate-change

Dubai, United Arab Emirates, 5 December 2023 – Over 60 top executives and knowledge partners of the Alliance for Industry Decarbonization (AFID) held a roundtable at COP28 today and committed to raise decarbonization ambitions through tangible achievements by 2030. Members of AFID have individual reduction plans that combined aim to reduce 51% of direct and indirect greenhouse gas (GHG) emissions and grow the installed renewable capacity from 84 gigawatts (GW) today to 187 GW in 2030. Moreover, Alliance members also commit to almost double installed green hydrogen, drive green energy solutions, increase workforce…

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25 leading utility companies from across the globe join forces with IRENA and the UN Climate Change High-Level Champions to launch Utilities for Net Zero Alliance

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partners-COP28

Dubai, United Arab Emirates, 5 December 2023 – Today, 31 partners, including 25 global utilities and power companies that collectively serve more than 250 million customers, united for a landmark joint commitment to advance electrification, renewables-ready grids, and clean energy deployment in line with 2030 Breakthrough goals and a net zero future by 2050. Global industry giants, regional utilities, developers, and power system technology leaders from across the world doubled down their support for the energy transition at COP28 in Dubai, aligning a significant share of the global electricity community with…

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UAE launches new $30bn climate investment fund at COP28

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Pak-UAE

DUBAI: The United Arab Emirates said Friday it is launching a new $30 billion private investment fund focused on climate projects in developing countries. The oil-rich host of the crunch United Nations COP28 climate negotiations in Dubai said it hopes the fund, called Alterra, will stimulate investments totalling $250 billion by 2030. “I am pleased to announce the establishing of a $30 billion fund for global climate solutions,” UAE President Sheikh Mohamed bin Zayed Al Nahyan told the summit. COP28 president Sultan Al Jaber, who is also head of the…

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Caretaker PM arrives in Dubai to attend COP-28

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Anwaar-ul-Haq

DUBAI, Nov 29 (APP): Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday arrived in Dubai, United Arab Emirates to attend the 28th United Nations Conference of Parties (COP-28). Minister for Justice of the United Arab Emirates Abdullah Sultan bin Awad Al Nuaimi, Pakistan’s Ambassador to the UAE Faisal Niaz Tirmizi and the Pakistani diplomatic staff welcomed the prime minister at Dubai’s Al-Maktoum airport, PM Office Media Wing said in a press release. Caretaker Prime Minister Kakar will head the Pakistani delegation at the 28th Conference of Parties (COP-28), besides he would…

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Pakistan, UAE sign ‘historic’ MoUs worth ‘multi-billion dollars’

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Pak-UAE

Pakistan and the United Arab Emirates on Monday signed memorandums of understanding (MoU) pertaining to investment cooperation that will unlock “multi-billion dollars” in funding from the Mideast state. The development came in a meeting between caretaker Prime Minister Anwaarul Haq Kakar and UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi during the former’s week-long trip to the Middle East. The Prime Minister’s Office (PMO) said the MoUs in the sectors of energy, port operations, wastewater treatment, food security, logistics, minerals, and banking and financial services will unlock “multi-billion dollars…

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