United Arab Emirates: A march towards carbon neutrality

In the current scenario where global average temperature is rising incessantly, environmentalists’ main agenda is to reduce carbon emissions and achieve sustainability, by using renewable energy sources. Our report ‘United Arab Emirates (UAE): A March Towards Carbon Neutrality’ highlights UAE’s diversification journey and its efforts to achieve net zero emissions by 2050.

The country is driving green agenda and has invested heavily, over USD 40 Bn, in clean energy projects in the past 15 years. Furthermore, the nation is actively supporting global green initiatives with investments of approximately USD 16.8 Bn in renewable energy projects across 70 countries, emphasizing support for developing nations. It also contributed USD 100 Mn to the Loss and Damage Fund sanctioned during the current COP-28 event.

Despite its heavy reliance on oil exports, the country transformed its economy from oil-related activities to a prominent centre for trade, tourism, and banking. Let’s take a closer look at UAE’s transformative journey & how it is bringing the best of sustainability efforts & practices to the fore.

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