Brazil’s Minister of Environment and Climate Change told UAE news agency WAM that the decisions made at COP28 are the basis for initiating investments that are aligned with nature.
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According to the Fund, the North African country is expected to close the year with 9.2% inflation, pressured mainly by food prices.
The emirate works to restore and conserve its 176 square kilometers of mangroves. Jubail Mangrove Park has a tourism and education project.
The institutions announced a USD 4.5 billion debt relief for the North African country in a joint statement. The IMF approved another disbursement of USD 9.3 million and is considering a three-year credit arrangement worth USD 100 million.
First draft text had asked for “eliminating” fossil fuels, a term that wasn’t adopted after negotiations that overran the deadline of the Dubai-held summit.
A pioneering sustainable city project in the United Arab Emirates, developed when climate change was not a global concern, has been transforming since 2008. Among its latest innovations is creating five buildings with total emissions compensation through generating clean energy.
Brazilian initiative earned a bronze medal at the QS Reimagine Education Awards in the Sustainability Education category. Ceremony took place at Khalifa University in Abu Dhabi.
A Mission organized by LIDE and the Arab-Brazilian Chamber will bring Brazilian and Saudi companies together to promote business and investments.
MBR Solar Park was born with the mission of allowing Dubai to be powered by 100% clean energy by 2050. The world’s largest single-site solar park was put on the spotlight at COP28 in the UAE.
Environment Minister Marina Silva spoke to the press on Monday (11) afternoon in Dubai, on the penultimate day of COP28.
Data released by the National Institute of Statistics revealed a 5.28 billion deficit year to date through November. The result represents a drop compared to the last year’s numbers.
The Emirates Development Bank launched a campaign to raise awareness of the population about waste disposal in the desert. Camels in the region are dying from the ingestion of plastic waste. The project was presented at their stand at COP28 in Dubai.
The agribusiness sector confederation represented Brazil on Food and Agriculture Day at COP28. CNA’s Gedeão Pereira spoke about the challenges of balancing food and energy security with climate security.
On the sidelines of COP28 in Dubai, UN Global Compact Brazil launched a platform that aims to connect companies to drive green solutions and fast-track net-zero commitments.
