Recent Posts

UAE consolidates position as leading supporter of children’s rights in world

Abu Dhabi / WAM The United Arab Emirates (UAE) has consolidated its position as a leading global supporter of children’s rights, through a range of initiatives and aid campaigns aimed at ensuring the rights of millions of children to health, education and food. HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for ...

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ADFD finances AED 4.7bn worth of 90 renewables projects in a decade

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around world by financing innovative renewable-energy projects. These initiatives have had powerful impact on economies and the environment of beneficiary countries. The fund has consistently increased its portfolio of such projects, having funded 90 of them over ...

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Renewables pip fossil fuels in EU in 2020

Bloomberg Renewables are for the first time the dominant power source in Europe’s electric grid. In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a portion that will keep growing ...

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