A Dubai-based company, Blue Carbon, inked a deal with Zimbabwe to create carbon credits from offsetting projects in the African country involving almost a fifth of its total landmass. The two parties signed a memorandum of understanding (MoU) worth $1.5 billion to fund forest protection and rehabilitation projects. The carbon sequestered of the forests will...
These are the places that could become ‘unlivable’ as theEarth warms
In the hottest parts of the world, high temperatures and humidity will, for longer stretches, surpass a threshold that even young and healthy people could struggle to survive as the planet warms, study says. Heat waves can already be deadly for the most vulnerable people — but in a warming world, temperatures and humidity will,...
Adnoc Seeks European Markets for Its Fossil Fuels
The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa, and expanding in other forms of energy. In a bid to catch up with long-established rivals, Abu Dhabi National Oil Co. wants to take advantage of the hole...
UAE Oil Giant Plans European Trading Boost in Expansion Push
UAE Oil Giant Plans European Trading Boost in Expansion Push. The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa and expanding into other forms of energy. In a bid to catch up with long-established rivals, Abu Dhabi National...
In New Scramble for Africa, an Arab Sheikh Is Taking the Lead
A company established by a Dubai sheikh is finalizing agreements with African nations to manage vast tracts of their forests and sell the carbon credits. Critics are concerned the deals will not benefit Africans and will just help foreign governments perpetuate high emissions. A prominent sheikh in the oil-rich Gulf state hosting this year’s UN...
Part two: COP28 host’s favoured carbon credit climate solution a stitch-up for more fossil fuels
In part one of this two-part article series, the Canary reported that UAE-based carbon credit company Blue Carbon LLC – under the patronage of sheikh Ahmed Dalmook Al Maktoum – has been amassing land agreements with governments across Africa and the Pacific. The organisation’s latest land-grab amounts to some 7.5m hectares of exclusive land development rights in Zimbabwe. Now,...
Part one: UAE carbon credit company shows COP28 host dripping in green-grabbing hypocrisy
The COP28 climate summit’s host has launched a neocolonial green-grabbing crusade across the Global South. Naturally, it’s yet another nifty ‘net-zero’ carbon con. In part one of this two-part article, we’ll look at how UAE-based carbon credit company Blue Carbon LLC has been amassing land agreements with governments across Africa and the Pacific. Blue Carbon...
Lead, mercury, and the poisonous legacy of mines in Africa
The glamour of gold leaves a trail of mercury and lead that poisons miners and residents of African countries. Ashima Sharma reports on the toxic legacy of mines in Africa. In the village of Rosh Pinah, southern Namibia, 30 children carried lead in their blood. A report on these 30 children detailed chronic lead exposure relating to...
Wagner: Sword of Damocles amid Russia’s potential troubles
The use of mercenaries dates back to 400 B.C., and they were used by ancient Greeks, Alexander the Great and Rome’s army. Since then, there have been several debates around their use for centuries, and some intellectuals argued that they are beneficial while others opposed the idea of using mercenaries. In his famous book “Utopia,”...
The UAE and Wagner Paymasters Past, Present, and Future
Belgium (Brussels Morning Newspaper) Until Yevgeny Prigozhin blinked and ordered his Wagner Group forces to turn back within 200 miles from Moscow, it looked as though Putin’s Russia had created a monster it could not control. But whatever fate awaits its hardman founder, the organisation Prigozhin built is too useful to be dispensed with entirely. Wagner’s...