GTRI says India should not take new commitments at COP28

The Global Trade Research Initiative said that India has already made significant commitments at COP27 and the Paris Agreement, aligning with its Long-term Low Emissions and Development Strategy India should not take new commitments at the ongoing United Nations COP28 climate talks in Dubai and continue its green transition without additional assurances, think tank GTRI

Petroleum ministry warns against curbs on hydrocarbon investments

India should stick to its position that further investment in developing and extracting oil and gas resources is needed in tandem with the exploration of carbon-free alternatives at the upcoming global COP28 climate change summit in the UAE, Petroleum Ministry officials said. This stance has been part of the Ministry’s recommendations to inter-ministerial consultations on

West Asian countries to launch new climate initiatives

Although the contribution of Arab countries to carbon emissions is limited, the Arab region is one of the most affected by climate change, according to the Abu Dhabi-based Arab Monetary Fund Arab countries plan to launch new climate initiatives and complete a number of previously announced initiatives at the 28th United Nations Climate Change Conference

Russia opposes plan to phase out fossil fuels

Russia has warned it will oppose a global deal to reduce the use of fossil fuels, as tensions with western powers following Moscow’s invasion of Ukraine threaten to derail this year’s UN climate summit. The US and EU member states are among a large group of countries calling for a timeline to phase out the

Top green hydrogen companies in India

As the world is marching towards cleaner energy solutions to mitigate the use fossil fuels on earth, it has become vital to switch to green and clean alternatives. After the recent UN Climate summit (COP 27) held in Egypt several nations have taken steps in this direction of making their respective countries green by adopting

Kazakhstan green hydrogen key to European decarbonization

Kazakhstan has an abundance of minerals such as copper, which will be critical to supporting the electric revolution, such as battery electric vehicles. At the same time, it is also prepared to produce green hydrogen for export. This places the country in a central position in Europe’s overall efforts for decarbonization. The country has developed

Egypt inks deals on renewable energy

Egypt signed agreements and MoUs in the field of renewable energy and green hydrogen worth $119 billion, according to Maged Karam al-Din, a technical director of the Regional Center for Renewable Energy. In an interview, he noted that Egypt generates 6,000 megawatts of electricity from power plants powered by renewable energy. He pointed to progress

Poorer countries secure climate-damage fund without emissions cuts

Broad agreement at COP27 would set up fund to pay poorer nations for loss and damage, but doesn’t secure commitments for faster emissions cuts in greenhouse-gas emissions. Poorer countries secured a deal at United Nations climate talks to create a fund for climate-related damage as part of a broader agreement that failed to yield faster

COP27 enters into final day negotiations

Global climate talks have entered the final scheduled day of negotiations as chances of a deal still look unclear. The United Nations’ Climate Change Conference (COP27) in Egypt was expected to go past its deadline on Friday and into the weekend, with rich and developing nations deadlocked over creating a fund for countries devastated by

Maersk signs MOU with Jordan for green methanol production

A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change Conference 2022 (COP27) held in Sharm El-Sheikh, Egypt. Through the agreement, which