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World Bank shifts focus to climate change, cuts fossil fuel funding
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World Bank shifts focus to climate change, cuts fossil fuel funding

In a significant move towards addressing climate change, the World Bank, under President Ajay Banga, announced on Wednesday a substantial reduction in fossil fuel funding while defending its $170 million investment in natural gas as part of its climate strategy. The bank’s reforms could potentially boost its funding capacity to $150 billion over the next decade. However,...

Abu Dhabi’s oil champion ADNOC bets on global expansion
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Abu Dhabi’s oil champion ADNOC bets on global expansion

The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximise earnings for the Gulf state. Like Gulf neighbours Saudi Arabia and Qatar, the UAE wants to exploit its fossil fuel resources...

Al Gore Doesn’t Say I Told You So
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Al Gore Doesn’t Say I Told You So

There was always the possibility that Al Gore, after making the hideously painful decision to concede the contested 2000 Presidential election to George W. Bush, would have to live out the remainder of his life as both a tragic loser and a tragic hero—someone who stood down in the name of the orderly transition of...

UK government asks UAE for assurances over free speech at Cop28 summit
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UK government asks UAE for assurances over free speech at Cop28 summit

Statement at UN human rights council voices ‘disappointment’ after host country refuses to change restrictive laws. The UK has asked the United Arab Emirates, one of its closest Gulf allies, to explain how it will guarantee free speech around the UN Cop28 climate summit in Dubai after the country refused to change its restrictive laws. The...

UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks
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UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks

UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks. The Emirati president-designate for the upcoming United Nations COP28 climate conference offered a full-throated defense Saturday of his nation hosting the talks, dismissing those who “just go on the attack without knowing anything, without knowing who we are.” Climate activists roundly criticized Sultan...

Boycott COP28: 'Holding a climate conference in Dubai is absurd and dangerous'
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Boycott COP28: ‘Holding a climate conference in Dubai is absurd and dangerous’

Boycott COP28: ‘Holding a climate conference in Dubai is absurd and dangerous’. The venue of the 28th edition COP (Conference of the Parties), set to begin on November 30 in Dubai, is a disastrous choice for the fight against climate disruption. We call on public authorities, NGOs, organizations, scientists and business leaders not to support...