e& becomes first UAE private sector entity to join UAE Independent Climate Change Accelerators

  • Date: 10-Nov-2022
  • Source: Emirates News Agency
  • Sector:Oil & Gas
  • Country:UAE
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e& becomes first UAE private sector entity to join UAE Independent Climate Change Accelerators

SHARM EL-SHEIKH, 10th November, 2022 (WAM) -- In line with its ambitions to become a regional leader in climate action, e& (formerly known as Etisalat Group), the global technology and investment conglomerate, today signed a significant Memorandum of Understanding (MoU) with the UAE Independent Climate Change Accelerators (UICCA), at the UAE Pavilion, as part of its participation at COP27, the 27th Conference of the Parties of the UNFCCC, currently taking place in Egypt.

The strategic partnership marks e&’s stance as the first entity from the UAE’s private sector to join the UICCA.

The move reaffirms the group’s commitment towards the climate action efforts led by the Group while supporting the transition to a greener economy.

Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Executive Director of UICCA, said: “As the driving force towards actualising the UAE’s commitment to net-zero by 2050, UICCA’s mission is to enable and energise an ecosystem of public and private entities that have shared values and a joint vision of building a sustainable future.”

Sheikha Shamma added: “Today’s signing with e& at COP27, as the first private sector entity to join the UICCA, is a tremendous achievement that depicts our progress towards our climate action aspirations, and we look forward