On the sixth day of the 28th United Nations Climate Change Conference (COP28) in Dubai, over 60 countries, including the United States, Canada and Kenya, committed to reducing their cooling-related emissions by 2050. In parallel, the Arab Coordination Group (ACG) announced that it would allocate just over nine billion euros to support the energy transition by 2030.
This sobering assessment underscores the urgency of addressing the escalating climate crisis. The revised prognosis from scientists at the Global Carbon Project paints a disconcerting picture, deeming the crossing of the critical 1.5°C global temperature increase threshold as “inevitable” and projecting its consistent exceedance over the coming years.
“We are at the exact location of the future reactor!” exclaims American billionaire Bill Gates, standing in front of a construction site. It is on this site in Kemmerer, Wyoming (United States), that the first mini-nuclear power plant is expected to be operational by 2030. Founded by Bill Gates, the startup TerraPower aims to use sodium to cool these next-generation plants.
In a significant move towards sustainability, Hitachi, the Japanese industrial giant, has announced its commitment to using only “green aluminum” for all its aluminum products manufactured in Japan by March of the coming year. This strategic decision aligns with Hitachi’s broader goal of achieving net-zero carbon emissions across its entire supply chain by 2050.
Access to affordable and hygienic period products is a fundamental need for those who menstruate. Unfortunately, millions of individuals worldwide lack access to the necessary facilities and products, hindering their participation in daily life activities.
The Climate Action Innovation Zone will be held at COP28 from December 4-8, 2023 at the Madinat Jumeirah Conference Centre in Dubai, UAE. The free-to-attend event will bring together thousands of leaders and practitioners from business, finance, cities, governments, and civil society to drive climate action at speed and scale.