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‧Schneider Electric Shapes Future of AI-Powered Data Centres
Schneider Electric is charting a new course in the realm of energy and automation by positioning artificial intelligence -integrated data centres as central to the sustainability of digital infrastructures. The company unveiled its latest vision for these AI-driven hubs at …
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‧Global Circular Economy Hub Set to Converge in Italy This November
The 28th edition of the trade-fair and conference platform Ecomondo 2025 will convene from 4 to 7 November at the Rimini Expo Centre, Italy, with a reinforced international agenda that organisers expect will draw more than 1,000 exhibitors and upwards of 100,000 visitors. …
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‧Green Automation Reshapes the Future of Sustainable Farming
The agricultural industry is undergoing a transformation, driven by the rise of green automation. As the global demand for food increases, farmers and tech innovators are turning to advanced technologies to increase productivity while maintaining sustainable practices. Gree…
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‧Global Green Hydrogen Market to Surge Past $60 Billion by 2030
The global green hydrogen market , valued at roughly USD 7.98 billion in 2024, is on track to grow to about USD 60.6 billion by 2030, propelled by steep declines in renewable energy costs , advances in electrolysis technologies and intensifying decarbonisation efforts across in…
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‧FAB Deepens Blue Finance Footprint with $20M Bond
First Abu Dhabi Bank has launched its second blue bond, raising USD 20 million through a three-year issuance, to support marine conservation, wastewater recycling and renewable-powered desalination in Abu Dhabi and Al Ain. With this issuance, FAB’s cumulative blue bond vo…
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‧Biofuels Emit More CO₂ Than Fossil Fuels, New Study Warns
A global analysis commissioned by Transport & Environment and conducted by Cerulogy reveals that biofuels now generate 16 percent more carbon dioxide emissions than the fossil fuels they are intended to replace. The finding throws into sharp relief the risks of scaling …
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‧Mubadala Energy Slashes GHG Emissions by Over a Third in 2024
Mubadala Energy achieved a 36.5 per cent drop in its Scope 1 and 2 greenhouse gas emissions in 2024, the company’s newly published Sustainability Report reveals, underscoring the firm’s accelerating role in the energy transition. The decline was complemented by a sharp 55 p…
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‧PIF Charts First Euro Green Bond Footprint
Saudi Arabia’s Public Investment Fund has mandated Crédit Agricole CIB, JPMorgan and Société Générale to arrange a dual-tranche, euro-denominated green bond issue in three- and seven-year maturities, sources close to the matter said. This marks the fund’s inaugural euro gre…
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‧GCC Taps Just 2% of Global Green FDI Despite Solar Cost Edge
Gulf Cooperation Council nations captured only about $24 billion in green foreign direct investment out of more than $1 trillion globally between 2020 and 2024, even though six of the ten least expensive solar-power projects worldwide are hosted in the GCC, a Strategy& …
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‧Dukhan Solar Plant Deal Set to Double Qatar’s Solar Capacity
QatarEnergy has awarded Samsung C\&T’s Engineering & Construction Group the contract to build a mammoth solar power facility in Dukhan, around 80 km west of Doha. The plant will deliver 2,000 MW in two phases by mid-2029. Phase one will supply 1,000 MW to the Kahr…
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‧Africa Pledges $50 Billion Per Year to Power Climate Solutions
African leaders have set a target of mobilising US$50 billion annually to fund a new continental climate solutions initiative unveiled at the second Africa Climate Summit in Addis Ababa. The initiative, led by Prime Minister Abiy Ahmed of Ethiopia, aims to deliver 1,000 cli…
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‧Pension Giant Ploughs Nearly A$1 Billion Into Macquarie Climate Fund
Australian Retirement Trust, the nation’s second-largest pension fund, has committed almost A$1 billion to the Macquarie Green Energy and Climate Opportunities Fund, aiming to scale up its sustainable investing strategy. The sum is among ART’s first substantial investments …
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‧NEOM Green Hydrogen Build Surpasses Eighty-Percent Completion
Construction on the expansive NEOM green hydrogen development has passed the eighty-percent mark at the outset of the first quarter of 2025, the NEOM Green Hydrogen Company has confirmed. This achievement spans the green hydrogen plant itself, the wind garden, the solar fa…
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‧Sobha Realty’s $750 Million Green Sukuk Breaks Global Real Estate Record
Sobha Realty has achieved a milestone with its largest-ever issuance of a $750 million green sukuk, marking the highest such issuance by any real estate developer globally. The five-year Islamic bond, issued under a $1.5 billion Trust Certificate Issuance Programme, attract…
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‧GCC Strengthens Position in Global Circular Carbon Economy
Gulf Cooperation Council countries recorded a clear rise in their overall Circular Carbon Economy Index score, posting 41.5 in 2024, up from 37.7 in 2023, according to data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf. The …
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‧Sohar Port Embarks on Clean-Energy Shift for Container Ships
SOHAR Port and Freezone has inked an agreement with MoonRock and the Danish firm PowerCon to install shore power infrastructure at its container terminal, enabling berthed vessels to plug into onshore electricity and switch off their auxiliary engines—cutting emissions, fue…
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‧FAB’s $750 Million ESG Bond Overwhelms Global Investors
First Abu Dhabi Bank has priced a US-dollar denominated, five-year low-carbon energy bond of $750 million at Treasuries plus 65 basis points, following an order book that exceeded $2.3 billion, excluding joint-lead manager interest. The issuance is rated Aa3 by Moody’s, AA-…
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‧Green Finance Anchors Dubai’s Green Economy Summit
Dubai is gearing up to host the 11th World Green Economy Summit on 1–2 October 2025 at the Dubai World Trade Centre, where green finance will sit at the forefront of global climate discussions. Under the theme 'Innovating for Impact: Accelerating the Future of the Gree…
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‧UAE’s Solar Surge Fuels Global Clean-Energy Drive
The United Arab Emirates is elevating its contribution to the global clean‑energy shift through an ambitious expansion of solar generation capacity, backed by major state and private entities, spanning domestic projects and international initiatives. Domestically, the Al D…
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‧Veolia Takes Full Control of Water Technologies Subsidiary
Veolia has moved to acquire the remaining 30 per cent stake in its Water Technologies and Solutions subsidiary from CDPQ, in a deal valued at around US$1.75 billion, positioning the company for greater strategic agility and cost-efficiency. The transaction is expected to b…