www.zawya.com
Open in
urlscan Pro
2600:9000:26db:9800:9:84d8:f740:93a1
Public Scan
URL:
https://www.zawya.com/en/press-release/government-news/uae-accelerates-to-net-zero-with-nationwide-emissions-reduction...
Submission: On July 12 via api from US — Scanned from DE
Submission: On July 12 via api from US — Scanned from DE
Form analysis
2 forms found in the DOM/en/search
<form class="menu-search-form" action="/en/search" target="_top">
<div class="menu-search-inner"><input id="input-search" type="text" class="menu-search-term" name="q" placeholder="">
<div class="menu-search-button"><button type="submit" id="submit-button">GO</button></div>
</div>
</form>
/en/search
<form class="menu-search-form" action="/en/search" target="_top">
<div class="menu-search-inner"><input id="input-search" type="text" class="menu-search-term" name="q" placeholder="">
<div class="menu-search-button"><button type="submit" id="submit-button">GO</button></div>
</div>
</form>
Text Content
Our Privacy Statement & Cookie Policy This website uses cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser. Privacy Statement Cookie Policy CONTINUE * WORLD * Middle East * Africa * Indian Sub-continent * China and Asia Pacific * UK and Europe * Americas * Russia * ECONOMY * Global * GCC * Africa * Levant * North Africa * ISLAMIC ECONOMY * Islamic Finance * Islamic Business * Islamic Finance Reports * Islamic Finance Glossary * BUSINESS * Aviation * Banking & Insurance * Careers * Education * Energy * Fintech * Healthcare * Hospitality * Manufacturing * Real Estate * Retail & Consumer * Technology and Telecom * Transport and Logistics * Travel and Tourism * SMEs * Finance * Marketing * Technology * Legal * People * MARKETS * Commodities * Currencies * Equities * Fixed Income * WEALTH * Alternative Investments * Funds * Wealth Management * Sustainability * LEGAL * Crime and Security * Immigration * Policy * Regulations * LIFE * Culture * Entertainment * Food * Health * Leisure & Travel * Sports * OPINION * Business Insights * PROJECTS * BRI * Construction * Industry * Mining * Oil & Gas * Utilities * SPECIAL COVERAGE * Ramadan and Eid 2023 * COP 28: Talking Climate in UAE * UAE Realty Market * The Future of Cryptos * Focus: Global Wealth Funds * Russia-Ukraine Crisis * MULTIMEDIA * Galleries * Videos * PRESS RELEASE * Companies News * Government News * People in the News * Research & Studies * Events and Conferences * Africa Press Releases * Asia Press Releases * GO Social media MENA - ENGLISH * MENA - ENGLISH * UAE - ENGLISH * KSA - ENGLISH * الشرْقُ الأوسَط * الإمارات * السعودية * WORLD * Middle East * Africa * Indian Sub-continent * China and Asia Pacific * UK and Europe * Americas * Russia * BUSINESS * Banking & Insurance * Careers * Education * Energy * Fintech * Manufacturing * Real Estate * Travel and Tourism * MARKETS * Commodities * Currencies * Equities * Fixed Income * ECONOMY * Global * GCC * Africa * Levant * North Africa * WEALTH * Alternative Investments * Funds * Wealth Management * Sustainability * PROJECTS * BRI * Construction * Industry * Mining * Oil & Gas * Utilities * SMEs * Finance * Marketing * Technology * Legal * People * ISLAMIC ECONOMY * Islamic Finance * Islamic Business * Islamic Finance Reports * Islamic Finance Glossary * OPINION * Business Insights * LIFE * Culture * Entertainment * Food * Health * Leisure & Travel * Sports * MULTIMEDIA * Galleries * Videos * PRESS RELEASE * Companies News * Government News * People in the News * Research & Studies * Events and Conferences * Africa Press Releases * Asia Press Releases * ZAWYA GREEN * Special Coverage * UAE Corporate Tax * COP 28: Talking Climate in UAE * The Future of Cryptos * UAE Realty Market * Russia-Ukraine Crisis * WORLD * Middle East * Africa * Indian Sub-continent * China and Asia Pacific * UK and Europe * Americas * Russia * ECONOMY * Global * GCC * Africa * Levant * North Africa * ISLAMIC ECONOMY * Islamic Finance * Islamic Business * Islamic Finance Reports * Islamic Finance Glossary * SPECIAL COVERAGE * Ramadan and Eid 2023 * COP 28: Talking Climate in UAE * UAE Realty Market * The Future of Cryptos * Focus: Global Wealth Funds * Russia-Ukraine Crisis * BUSINESS * Aviation * Banking & Insurance * Careers * Education * Energy * Fintech * Healthcare * Hospitality * Manufacturing * Real Estate * Retail & Consumer * Technology and Telecom * Transport and Logistics * Travel and Tourism * SMEs * Finance * Marketing * Technology * Legal * People * MARKETS * Commodities * Currencies * Equities * Fixed Income * WEALTH * Alternative Investments * Funds * Wealth Management * Sustainability * OPINION * Business Insights * LEGAL * Crime and Security * Immigration * Policy * Regulations * LIFE * Culture * Entertainment * Food * Health * Leisure & Travel * Sports * PROJECTS * BRI * Construction * Industry * Mining * Oil & Gas * Utilities * MULTIMEDIA * Galleries * Videos * PRESS RELEASE * Companies News * Government News * People in the News * Research & Studies * Events and Conferences * Africa Press Releases * Asia Press Releases Social media GO Home page>PRESS RELEASE>Government News>UAE accelerates to Net-Z... UAE UAE ACCELERATES TO NET-ZERO WITH NATIONWIDE EMISSIONS REDUCTION OF 40% BY 2030 IN PROACTIVE THIRD UPDATE TO SECOND NDC Her Excellency Mariam Almheiri, UAE Minister of Climate Change and Environment In the Year of Sustainability and COP28 Press Release July 11, 2023 UAE > PHOTO > Her Excellency Mariam Almheiri, UAE Minister of Climate Change and Environment * The Third Update of the Second NDC raises UAE’s ambition for emission reduction with targets for all sectors. * Updated NDC demonstrates the UAE’s ‘Pro-Climate, Pro-Growth’ approach to reducing its environmental footprint while assuring economic, social, and sustainable growth. * Ambitious pathway is compatible with the UAE’s Net Zero by 2050 goals and reflects commitment to Paris Agreement goal of limiting global warming to below 2 degrees while pursing all measures to limit it to well below 1.5 degree by end of this century. * UAE demonstrates leadership, setting a precedent by reporting its emissions reduction target using a rigorous model followed by developed nations, despite being officially categorized as a developing country. DUBAI, UNITED ARAB EMIRATES:– Following the UAE Cabinet’s approval of the Third Update of the country’s Second Nationally Determined Contributions (NDC) under the Paris Agreement, the Ministry of Climate Change and Environment (MOCCAE) today announced a comprehensive roadmap to achieving 40 per cent emission reduction by 2030 compared to business as usual. The Third Update of the Second NDC marks a nationwide emissions reduction commitment with clear targets set for all domestic sectors. This will bring the entire nation together, including the public and private sector, to accelerate the UAE’s journey to Net Zero emissions by 2050. Her Excellency Mariam Almheiri, UAE Minister of Climate Change and Environment, said the Third Update of the Second NDC marks a step-change in the nation’s approach to greenhouse gas emission reduction. “In the Year of Sustainability, when our nation hosts COP28, this milestone announcement underlines our national commitment to more ambitious climate action. The UAE believes that climate action across every aspect of our economy is vital for creating a prosperous future.” “The UAE, under the leadership of our President His Highness Sheikh Mohammed Bin Zayed Al Nahyan, views climate action not only as a strategic imperative for the environment and our future generations, but also as an opportunity for sustainable economic growth and socially inclusive prosperity,” HE Almheiri said. “We have progressively raised ambition in less than three years, highlighted by the commitment to reduce emissions by 23.5 per cent in our Second NDC; decreased this further to 31 per cent in our Second Updated NDC; and pushed our efforts even further to reach a reduction of 40 per cent in our Third Update of our Second NDC compared to business as usual.” A bold approach with clear targets Despite being officially classified as a developing country, the UAE has taken a further step in its commitment and is following the model of developed countries for its Third Update of its Second NDC by using fixed level and base year targets. Accordingly, net greenhouse gas emissions will be reduced from an expected 208 MtCO2e, as announced in the Updated Second NDC in 2022 to 182 MtCO2e by 2030. This marks an absolute emissions reduction of 19 per cent compared to the 2019 base year level. The UAE’s voluntary and proactive new approach ensures that its emission reduction goals are transparent and easier to track, resulting in beneficial outcomes that align directly with the UN Sustainable Development Goals (SDGs). All domestic sectors such as power and water generation, heavy industry, transport, waste, buildings, and agriculture will collectively reduce emissions as per specific sectoral targets. The nation has developed a concrete implementation roadmap, including improved governance structures and new policy initiatives. The new update also reflects the UAE’s commitment to the outcomes of Paris Agreement’s goal of limiting global warming to below 2 degrees while pursing all measures to limit it to well below 1.5 degree by end of this century. A Pro-Climate, Pro-Growth Strategy The Third Update of the Second NDC builds on the UAE Cabinet’s approval of the recently announced updated UAE National Energy Strategy 2050 and comprehensive National Hydrogen Strategy, which has emerged as one of the most important clean energy sources available today. The UAE plans to triple its investments in renewable energy in the coming seven years and establish a specialised national research and development centre for the hydrogen sector. All these reflects the UAE’s ‘pro-climate, pro-growth’ philosophy - the desire to reduce the UAE’s environmental footprint, while driving economic, social, and sustainable opportunities that climate action creates. Pan-Governmental Action The Ministry of Climate Change and Environment engaged all entities in a nationwide process to update the NDC, with all levels of government (including federal-, emirate-, and city- and municipality-level) working together to develop the roadmap to reach 2030 targets. The UAE conducted over 100 bilateral meetings with public and private entities, as well as dedicated workshops, creating more than 110 opportunities for stakeholders to contribute to the process, resulting in around 800 feedback submissions. These were closely considered by the Ministry of Climate Change and Environment as part of the development of the updated NDC. Throughout the process, the Government considered the needs of vulnerable groups, including youth, women, children, and people of determination. -Ends- Send us your press releases to pressrelease.zawya@lseg.com © Press Release 2022 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages. YOU MIGHT ALSO LIKE Dubai: Gold prices edge higher on softer dollar South Africa’s central bank governor says single Africa currency is "impossible" MENA countries need to invest more than $500bln in urban regeneration programs to unlock sustainable debt and inclusive economic development Heavyweight Titans Fury and Ngannou set to clash in Saudi Arabia on October 28 Iraq’s oil wealth put at $15trln Old naira notes remain legal tender till December 31 — Nigeria France to pay bonus for shoe, clothes repairs to cut waste JLL appoints Alida Saleh as Head of Sustainability for the Middle East & Africa ADIB onboards Ashley Veasey as new Group Chief Information Officer DISCOVER MORE UAE ABU DHABI LAUNCHES 'DELIVERY RIDERS HUB' INITIATIVE TO ELEVATE WORKING ENVIRONMENT AND BOOST CITY'S IMAGE ISLAMIC FINANCE UK GOVERNMENT'S REFORM OF THE CONSUMER CREDIT ACT TO BENEFIT ISLAMIC FINANCE UAE H.E. BIN TOUQ HOLDS MEETINGS WITH FOUR SOUTH KOREAN MINISTERS & GOVERNMENT OFFICIALS TO ENHANCE COOPERATION IN NEW ECONOMY SECTORS UAE H.E. BIN TOUQ VISITS SAMSUNG HEADQUARTERS IN SOUTH KOREA TO REVIEW LATEST GLOBAL TECHNOLOGIES IN MICROCHIP MANUFACTURING UAE HE DR THANI AL ZEYOUDI DISCUSSES TRADE AND INVESTMENT OPPORTUNITIES WITH MONGOLIAN MINISTERS IN ULANBATAAR FINANCIAL SERVICES NOMO PROVIDES A RANGE OF PROPERTY FINANCE SOLUTIONS FOR ITS CUSTOMERS IN COLLABORATION WITH BLUEPRINT UAE SCCI OPENS REGISTRATION FOR SHARJAH EXCELLENCE AWARD 2023 UAE DUBAI INTERNATIONAL CHAMBER APPOINTS THREE NEW MEMBERS TO BOARD OF DIRECTORS TOP PRESS RELEASES 1. ALBAL DESIGN LAUNCHES UAE'S FIRST SCIENCE BASED INTERIOR DESIGN CONCEPT 2. MOST POPULAR LUXURY BRANDS IN THE WORLD 3. SAV LAUNCHES THE REGION’S FIRST “SAVE-NOW-BUY-LATER” SOLUTION 4. MARAKEZ AND SCENE CINEMAS UNVEIL THE ULTIMATE CINEMATIC EXPERIENCE IN EAST CAIRO'S DISTRICT FIVE 5. TOP MIDDLE EAST BANKERS LEAVE CREDIT SUISSE FOR HSBC RELATED ARTICLES 1 UAE: MINISTRY OF FINANCE ANNOUNCES ITS 5 MAJOR STRATEGIC TRANSFORMATIONAL PROJECTS 2 UAE COMPLIANT ON NEARLY ALL RECOMMENDATIONS, SAYS FATF REPORT 3 WATCH: SHEIKH MOHAMMED TAKES A BICYCLE TOUR OF THE CYCLING PATH ON THE DUBAI WATER CANAL 4 DUBAI CHAMBERS PLANS 50 ACROSS 30 MARKETS BY 2030, SAYS CEO LOOTAH 5 HAMDAN BIN ZAYED VISITS DAS ISLAND; LAYS CORNERSTONE OF NEW HOSPITAL, RESIDENTIAL COMPLEX LATEST VIDEO FUNDS VIDEO: SAUDI'S PIF, UAE'S ADQ AMONG FUNDS WITH HIGHEST SUSTAINABILITY RANKINGS IN 2023 ZAWYA COVERAGE REAL ESTATE KNOW THE DUBAI APARTMENTS, VILLA COMMUNITIES THAT REPORTED HIGHEST PRICE RISES IN JUNE INVESTMENT SAUDI ARABIA'S SNB CAPITAL INVESTS $100MLN IN SOUTH KOREAN BATTERY MAKER SK ON INVESTMENT ABU DHABI’S INVICTUS TO INVEST $272MLN IN MENA AGRO-FOOD TRADING AVIATION EMIRATES AIRLINE TO OFFER CHARTER FLIGHTS TO GCC DESTINATIONS LATEST NEWS 1 AUSTRALIA'S C.BANK HAS OPEN MIND ABOUT WHETHER IT HAS TO TIGHTEN MORE 2 ASEAN MINISTERS MEET AS MYANMAR CRISIS TESTS BLOC'S UNITY 3 INDIAN SHARES OPEN HIGHER AHEAD OF INFLATION DATA, EARNINGS 4 INDIAN ONLINE GAMING COMPANIES' SHARES FALL ON TAX IMPOSITION 5 SAUDI OUTPUT CUTS HELP DRIVE UP ONE CORNER OF GLOBAL OIL MARKET THE BRI REPORT BELT AND ROAD INITIATIVE CHINA’S FLAGSHIP GLOBAL INFRASTRUCTURE INITIATIVE IS CHANGING IN THE FACE OF POTENT HEADWINDS Have news to share? Email us at editorial.zawya@lseg.com, or send us your company press releases to pressrelease.zawya@lseg.com ABOUT ZAWYACONTACT Privacy StatementTerms and ConditionsDo not sell my infoCopyright © 2023 Zawya. All Rights Reserved x Sumo