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The UN approved the first global carbon credit system under the Paris Agreement, enabling international climate finance.
The UN has approved the first methodology under Article 6.4 of the Paris Agreement, creating a framework for international carbon credit trading to support climate goals.
In the Gulf, Diyar Real Estate and Sumou signed a Jeddah infrastructure deal, UAE leaders promoted responsible sourcing, and Krank entered the GCC via a partnership with Dayim.
China’s COOEC won a $4 billion QatarEnergy contract, while Saudi Abunayyan and Nextracker formed a solar joint venture.
Jera acquired U.S. shale gas assets for $1.5 billion, and the Opec Fund provided a $30 million loan to Evocaban for green projects.
UNEP reported improved methane emission data but stressed urgent action is needed to reduce emissions.
Hospitality expansions include Anantara’s Dubai resort, Buddha-Bar’s floating Dubai hotel, and Kenya’s first Tapestry hotel.
La ONU aprobó el primer sistema global de créditos de carbono en virtud del Acuerdo de París, lo que permite la financiación internacional del clima.