UAE – Regional and Global Pioneer in Green Investments
UAE – Regional and Global Pioneer in Green Investments
Innovation and green investments are used by UAE-based companies to establish green projects regionally and globally. During the Global Green Growth Institute (GGGI)’s Assembly and Council, held in Seoul in November 2018, HE Dr Thani Bin Ahmad Al Zeyoudi, Minister of Climate Change and Environment, said the UAE will contribute US$1.5 million annually from 2019 […]
Real Estate Self Transaction Disrupts the Real Estate Industry
As part of the 10X Initiative, Dubai Land Department launched the digital platform, Real Estate Self Transaction, REST, enabling customers to manage all transactions related to real estate online. In 2018, as part of its participation in the 10X Initiative, Dubai Land Department launched Real Estate Self Transaction “REST”, a platform for conducting real estate […]
UAE’s Legislative Lab – World Premiere
HE Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, announced the launch of the world’s first Legislative Lab, during the Annual Meeting of the Global Future Councils. During 2018’s Annual Meeting of the Global Future Councils, organised by the UAE Government and the World Economic Forum, HE Mohammad Abdullah Al Gergawi, Minister […]
Sustainability is the New Cryptocurrency
The Bitcoin technology has disrupted our view on money, but can it also truly change our approach to being sustainable? The “Rebound Effect” is a term used for explaining challenges in determining energy savings from efficiency. The effect has two components. The “direct rebound” is the percentage of energy savings from efficiency that are offset […]
The Rising Green Interest of China in the Middle East
China is exporting their ambitious plans for clean energy across the continent and especially in the Middle East. Strategic partnerships, as well as staggering investments, are cementing the road for China to become the clean energy superpower of the world. Focus on Green Energy China is a paradox, from many points of view. The energy […]
The Opportunities of Green Bonds and Green Sukuk
Issuance of green sukuk is scarce, but factors such as rising demand of energy, changing mix of energy and need for investment in infrastructure can drive the popularity of this financial product. The Confirmation that Green Financing Works According to the World Economic Forum, green bonds can be an effective tool in managing climate risks, […]
Green Technology – A Strategic Focus for Dubai FDI
Green technology is one of the strategic sectors for Dubai FDI, in sync with the vision of building a green economy. Investment Week Highlights During its first-ever investment week, Investing in Future Transformations, Dubai FDI, the Dubai Investment Development Agency in the Department of Economic Development (DED) – Government of Dubai, took the opportunity to […]
Green Financial Support for Green Drivers
UAE banks are responding to international predictions and local initiatives of transitioning to greener, emission-free roads through targeted green auto loans. Strong Global and Local Trends A Bloomberg New Energy Finance published in 2016 projected that electric vehicles (EV) will cover 35% of global new car sales by 2040. The accelerated adoption rate would be […]
From Lending to Investing
Taking a look at the first green loan in the Middle East region with an Islamic format that links pricing to environmental performance. The first green loan in the Middle East region with an Islamic format that links pricing to environmental performance was established in October 2018. Led by Standard Chartered, the green loan consists […]
Leading Green Financing Mindset
ACWA Power combines securing smart green investment with projects which deliver effective sources of renewable energy. ACWA Power, a leading developer, investor, co-owner and operator of power and desalinated water production plants, was recognised, for the second year in a row, as the Renewables Company of the Year, at the MEED Awards 2018, due to […]
