The United Arab Emirates (UAE) has revised its economic growth projections for 2023, anticipating a 3.9% expansion, up from the previous forecast of 3.4%. This upward revision is attributed to robust performance in the non-oil sector, driven by tourism, real estate, and trade.
The World Meteorological Organization (WMO) has issued a stark warning about the accelerating pace of climate change, highlighting the record-breaking temperatures and extreme weather events witnessed in recent months. The WMO emphasizes the urgent need for global action to mitigate the effects of climate change.
The International Energy Agency (IEA) has released a report outlining the global energy transition, emphasizing the need for a significant shift towards renewable energy sources. The report highlights the role of government policies and investments in driving this transition, aiming to achieve net-zero emissions by 2050.