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Private sector needs to step up to fund climate transition, Cop28 hears
Guarantees from development banks can help drive up investment in emerging markets, investors and bankers say
Events on the sidelines of Cop28 in Dubai were told increased private-sector finance was needed to fund climate transition. Getty Images
Nick Donaldson / The NationalNew EU wealth tax leads Saxo Bank’s outrageous predictions for 2024
Money
The commitment is aimed at fulfilling the UAE's ambitions of reaching its goal of net zero by 2050. The National
Cop28
UAE Banks Federation pledges $272bn in sustainable financing at Cop28
UAE Minister of Energy Suhail Al Mazrouei speaks at an event on nuclear energy at Cop28. APUAE is investing more in renewable energy than in oil, minister says
Energy
Riyadh skyline. The production capacity of renewable energy projects under construction in Saudi Arabia is expected to exceed 8 gigawatts by the year's end. EPASaudi Arabia on track to meet carbon-emission reduction target by 2030, officials say
Cop28
The Barakah nuclear energy plant comprises four units with a total clean electricity generation capacity of 5.6 gigawatts. Photo: Emirates Nuclear Energy CorporationUAE's Enec signs uranium supply deal with Kazakhstan’s Kazatomprom
Cop28
Al-Futtaim Group is the Strategic E-Mobility Partner of Cop28 - a major alliance and a significant step in steering the sustainability mission of the group. Supplied ImageAl-Futtaim Automotive’s mission to accelerate EV adoption
Partner Content
Energy transition and renewables investments are a key part of the UAE's comprehensive economic partnership agreements, said Dr Thani Al Zeyoudi, Minister of State for Foreign Trade. Antonie Robertson / The NationalUAE's Cepas opening new pathways to green investment, minister says
Cop28
Kristalina Georgieva speaks at Cop28. The UN climate forum in Dubai has been a 'success from day one' after the landmark loss and damage deal was reached, she said. ReutersCop28 'successful from day one' with win on loss and damage fund, IMF chief says
Cop28
Money
Sulochana Betwala, chief operating officer and co-founder of digital payment app Totl, says taking a mortgage at the age of 23 instilled financial discipline in her. Chris Whiteoak / The National
My Dubai Salary: ‘I earn up to Dh30,000 a month as a FinTech co-founder’
Money
Nick Donaldson / The National
New EU wealth tax leads Saxo Bank’s outrageous predictions for 2024
Money
A trader at the New York Stock Exchange. Throughout the years, there have been periodic recessions and bear markets but growth has continued despite ageing populations. AP
Why stock markets will always evolve with the times
Money
IN DEPTH
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DFSA waives fees for Nasdaq Dubai's ESG listings
Dubai Financial Services Authority says the fee waiver is effective immediately and will apply throughout 2024, accelerating growth of sustainable capital markets.
Economy
17 hours ago
Masdar acquires 1 gigawatt renewable portfolio in Poland
The projects, due online between 2026 and 2030 across eight sites, will harness a hybrid of solar and wind, enough to power 223,000 households.
Energy
17 hours ago
Abu Dhabi launches new framework in sustainability push
The move is part of efforts to achieve a 50 per cent reduction in industrial process waste across key sectors by 2030.
Economy
19 hours ago
DIFC launches initiative focused on sustainable finance
Sustainable Finance Catalyst will help scale sustainable finance flows from Dubai to $100 billion by 2030.
Climate
2 days ago
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Sulochana Betwala, chief operating officer and co-founder of digital payment app Totl, says taking a mortgage at the age of 23 instilled financial discipline in her. Chris Whiteoak / The National
My Dubai Salary: ‘I earn up to Dh30,000 a month as a FinTech co-founder’
Money
Lisa Matthews is the general manager of the Dubai Polo & Equestrian Club. Chris Whiteoak / The National
Day in the Life: Dubai equestrian club boss aims to make polo inclusive
UAE
A trader at the New York Stock Exchange. Throughout the years, there have been periodic recessions and bear markets but growth has continued despite ageing populations. AP
Why stock markets will always evolve with the times
Money
Masdar City has announced it will build a net-zero energy mosque. Wam
'Our gift to the community': Net-zero mosque to be built in Masdar City
Cop28
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