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Hub71 launches ‘Tech Barza’ to access technology investments

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has launched a new platform dedicated to increasing capital investment in technology companies, including startups from the region’s leading family offices. Tech “Barza” – meaning majlis – is an exclusive capital club that targets regional family offices for exclusive access to Hub71’s vibrant community of almost 200 startups to accelerate ...

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ArcelorMittal, BHP to capture carbon at Belgian steel plant

ArcelorMittal and BHP Group will test a full-scale carbon capture operation in Belgium, in the latest sign of major steelmakers and miners working together to curb emissions. Steelmaking is one of the most polluting industries, approaching a 10th of all greenhouse gas emissions. That’s put it in the firing line of investors and environmentalists who want to see credible plans ...

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Renewables need $1.3trn per year for climate goals by 2030

Investment in renewable energy will need to hit $1.3 trillion a year by 2030 for the world to be on track to limit global temperatures set out in the Paris climate accord. That’s the latest assessment from the International Energy Agency (IEA), which revised up the figure from $1 trillion in a previous forecast. While the amount is more than ...

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