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Sustainability and carbon market news

Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.

From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.

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Innovative credits: UAE and Sri Lanka team up for sustainability

A Dubai-based fintech company, AQUAE Impact, has joined forces with Sri Lanka's Earth Restoration to issue biodiversity and oxygen credits through a pilot project in the Belipola private forest. Close-up of Barberton Daisy flowers in Belipola forest, Sri Lanka. AI generated picture. In May, AQUAE Impact launched a joint venture, AQUAE Labs, to support farmers in scaling the world’s first analogue forest, a model focused on enhancing biodiversity by mimicking natural forest systems. This initiative will cover 17 acres of the Belipola forest, a...

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Sustainability Green bond UAE
UAE leads green bond surge in MENA: a record-breaking $10.7 billion in sales

The United Arab Emirates (UAE) has emerged as a leader in the Middle East and North Africa's (MENA) green bond market. The nation recorded sales nearing $10.7 billion, a staggering 170% increase from previous figures. This impressive growth accounts...

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Advancing green finance: UAE's Mashreq unveils partnership for carbon offsetting

Mashreq, a prominent financial entity in the Middle East and North Africa (MENA) region and one of the oldest banking institutions in the Middle East, has recently partnered with UAE-based fintech firm Fils to introduce a pioneering carbon...

Carbon credits Agriculture Carbon farming UAE
Sustainable harvest: UAE farms take the lead in carbon credit sales

In a revolutionary move, the UAE's innovative agricultural initiative, David & Goliath farms, has successfully sold carbon credits amounting to €5 million (approximately $5.53 million). This milestone underscores the nation's commitment to a...

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