Top categories
Best Of MOBILITY
FIN & TECH
EDITORS PICK
Middle East ESG Weekly Round-Up
Major ESG related news in Middle East last week
MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.
ADB Raises INR 1.25 Billion in Green Masala Bonds
The bond, the largest by ADB, structured as a 4-year currency-linked instrument, features a one-time repayment at maturity and carries a fixed interest rate of 6.72% annually
COP28: Highlights of Day 2
# Commitments worth $450 million for Loss & Damage fund
# Guterres urges for phasing out of fossil fuel
# India Pledges to Step Up Renewable Energy Efforts at COP28
# US Vice President Harris to Take Lead at COP28 in Last-Minute Shift
Recent Posts
Google Set to Power AI Data Centers with Small Nuclear Reactors
Google has entered into an agreement with Kairos Power to utilize small nuclear reactors to power its artificial intelligence operations.
Superconductivity’s Role in Climate Change and Creating a Cooler Planet
Superconductivity can serve as the foundation for a carbon-neutral society thanks to its high compatibility with hydrogen and renewable energy sources.
Saudi Arabia’s PIF Earmarks Capital Expenditure of $19.4B for Green Projects
The sovereign fund will park significant investments in renewable energy, green buildings and sustainable water management projects.
India Crosses 200-GW Mark in Renewable Energy Production: CEA
Solar and wind power dominated the mix, while Rajasthan, Gujarat, Tamil Nadu and Karnataka topped the list in terms of renewable energy capacity.
UAE’s ESG Sukuk Soars 43% in Q3, Fueling Middle East Green Finance Boom
ESG constitutes around 15.6 percent of the UAE’s overall sukuk issuance as of Q3 2023, up from 12.7 percent in the same period last year.
Onboard Carbon Capture has Potential to Decarbonize Shipping: GCMD
The technology could reduce the vessel’s carbon dioxide emissions by 20 percent per year with a retrofitting cost of just under 10 percent.