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World News
Biden Administration Takes Bold Step: Halting New Coal Plants and Phasing Out Existing Ones
Dubai, November 1, 2023 – The Biden Administration, represented by U.S. Special Envoy for Climate John Kerry, made a groundbreaking commitment at COP28 in Dubai, pledging to halt the construction of new coal plants and initiating the phased closure of existing ones. The move aligns with the administration’s ambitious green agenda, aiming to combat climate change and limit global warming…
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World News
COP28: UAE announces US$30 billion ALTÉRRA climate-focused investment vehicle
DUBAI: In a revolutionary move, the United Arab Emirates (UAE) has introduced the ALTÉRRA climate-focused investment vehicle, a monumental initiative boasting an unprecedented investment capacity of US$30 billion. This ambitious project aspires to mobilize a staggering US$250 billion from a blend of institutional and private sources, dedicated to propelling global climate action by 2030. This was announced on the second…
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World News
PM Modi Champions Climate Financing at COP-28, Securing Support for Developing Nations
DUBAI– Prime Minister Narendra Modi reached Dubai to take part in 2023 United Nations Climate Change Conference. According to the sources, a historic decision was made as almost 200 nations came together to establish a fund dedicated to supporting countries grappling with the impacts of global warming. Having arrived in Dubai the previous night, Prime Minister Narendra Modi played a…
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World News
Don’t Miss Out on COP28: Global Climate Discussions Kick Off in Dubai. Will Wealthy Nations Step Up and Fund the Fight Against Climate Change?
DUBAI-UAE-: Global climate discussions kicked off in Dubai on Thursday amidst global divisions and growing concerns about the fossil fuel industry’s influence. The United Nations Climate Change Conference, or COP28, faces high stakes and controversy due to the host nation, the oil-rich United Arab Emirates. Despite the immediate success of approving a blueprint for a fund aimed at assisting nations…
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World News
Climate Diplomacy Unleashed: PM Modi, Pope Francis Lead COP28, while US President Biden Opts Out”
A Pivotal Gathering in the Desert City In a landmark convergence, world leaders, including Pope Francis, are set to gather in Dubai from November 30 to December 12 for the 28th United Nations Climate Change Conference (COP28). This pivotal event, hosted under the Presidency of the UAE, aims to address pressing global challenges related to climate change. Prime Minister Modi’s…
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