Iraq, UK sign cooperation deal on carbon markets, energy transition
Iraq signed a memorandum of understanding (MOU) with the British government on Tuesday that would support carbon market development, among other decarbonisation aims, according to the Iraqi Prime Minister’s Office.
Read MoreSaudi Arabia to create renewable energy-based carbon market
Saudi Arabia will soon establish a provisional carbon market that issues credits from renewable energy production, a senior official said on a live broadcast Saturday.
Read MoreCARBON FORWARD MIDDLE EAST: Top 5 trends shaping MENA carbon markets in 2025
The Middle East and North Africa (MENA) represent a small but increasingly dynamic segment of international carbon markets, with five trends from the past year defining regional engagement.
Read MoreTailored climate finance policies seen key to emissions cuts, but barriers persist
Climate-related financial policies (CRFPs) have shown significant progress in reducing carbon emissions and boosting renewable energy production, particularly in advanced economies, though barriers remain in developing nations.
Read MoreUAE pledges $40 mln for Brazilian conservation
The United Arab Emirates (UAE) has committed to granting $40 million for conservation projects in Brazil via a philanthropic entity backed by the Gulf state, local media reported on Wednesday.
Read MoreFEATURE: Protecting wetlands through carbon projects helps preserve key global emissions sink
There is huge potential to scale carbon finance for the protection of wetland ecosystems, which would in turn bring innumerable benefits, from CO2 to absorbing other pollutants, according to experts.
Read MoreUAE launches digital platform for CORSIA implementation
The UAE’s General Civil Aviation Authority (GCAA) has launched the region’s first digital platform to facilitate implementation of the UN’s CORSIA aviation offsetting scheme.
Read MoreGlobal emissions set to rise as uncertainty boosts fossil fuel markets in 2025, analysts warn
Global greenhouse gas emissions are expected to rise this year as energy demand growth outstrips clean energy supply growth, analysts said on Thursday.
Read MoreAbu Dhabi launches MRV programme for emissions tracking, carbon pricing
Abu Dhabi’s Environment Agency has introduced a measurement, reporting, and verification (MRV) programme to standardise emissions tracking and support the development of a carbon pricing mechanism in the emirate.
Read MoreUAE-based company issues $100-mln bond to advance marine conservation
A Dubai-headquartered logistics company has issued a $100-million bond to support marine conservation projects, claimed to be the first of its kind in the MENA region.
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