DUBAI/WAM Danny E. Sebright, President of the US-UAE Business Council, said that COP28 is an opportunity for countries to better rein in climate change through tools such as finance, technology, and capacity-building. In a statement to the Emirates News Agency (WAM) during COP28, Sebright said, “The world is at a critical moment where if the drivers of climate change are …

ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) introduced the region’s first Mastercard Carbon Calculator, an innovative tool that supports the sustainability ambitions of businesses by providing data on the estimated carbon footprint of their corporate expenditure using the ADCB corporate cards. ADCB, which has joined the UN-convened Net-Zero Banking Alliance (NZBA) in support of the goals of the Paris Agreement, …

DUBAI/WAM Gerd Müller, Director-General of the United Nations Industrial Development Organisation (UNIDO), and Hani Salem Sonbol, Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC), have announced a renewed commitment to collaborate to advance the United Nations Sustainable Development Goals (SDGs). The joint declaration signed by both parties during COP28 underscores the vital role that UNIDO and ITFC …