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Green Jobs and One Economy Pillar: Sustainability

Today we still hear people who speak about the traditional three pillars of sustainability encompassing environmental friendliness, socially acceptability and economically viability. Does this definition still make sense in today’s economy? The significance of the other two pillars need to be reevaluated in today’s economy taking into account the overall costs that non-sustainable practices involve. […]


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Creating a Sustainable MICE Sector

For most, working in the hospitality or tourism sector means attending or hosting a myriad of conferences, events or tradeshows in any given year. These events present valuable opportunities for networking, professional development and sharing best practices amongst industry leaders. Indeed, the meetings, incentives, conferences and exhibitions (MICE) sector also plays an integral role in […]


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Farnek

Local facilities management company Farnek operates Hotel Optimizer, a tool designed to help hotels benchmark their performance in energy management, water and waste reduction and CO2 emissions, both with their sister properties and their peers. The Sustainabilist took a look at Hotel Optimizer, how it works and how it contributes to the sustainable tourism sector. […]


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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, […]


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Creating International and Long-Lasting Impact

The Green Bond designed to operate under the FAB Green Bond Framework has been specifically designed to be used for climate and environmental projects. A green bond – or climate bond – is a bond specifically designed to be used for climate and environmental projects. According to First Abu Dhabi Bank (FAB), at the end […]


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Al Marmoom

The launch of a new desert conservation area is set to boost eco-tourism in the UAE. The Marmoom Desert Conservation Reserve, currently under construction, will cover some 10% of Dubai’s land and will introduce more than 20 environmental, cultural and sports-related initiatives, sponsored by no less than nine Dubai government agencies. Spanning more than 40 […]


The Museum of the Future

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, stressed today that the Museum of the Future is an Emirati architectural marvel aimed to build human capabilities better equipped to utilize the Museum in the future. His Highness, during his visit to the Museum to […]


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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 […]


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Transforming the UAE into the Ecotourism Destination of Choice

The UAE government has taken measures to preserve the country’s rich biodiversity and develop the infrastructure needed to provide visitors with a fulfilling experience in a natural setting. Emerging in the late 1980s, ecotourism is a form of specialty travel defined by The International Ecotourism Society (TIES) as “responsible travel to natural areas which conserves […]


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Youth Hub Hosts Roadshow for Corporate Finance Woman of the Year Award

EY and its corresponding Youth Council, developed with the support of the UAE Youth Council, kicked off its second annual Corporate Finance Woman of the Year (CFWY) competition in the United Arab Emirates in December 2018.   The initiative encourages Emirati women to pursue careers in the private sector, particularly within transaction services and corporate […]