IEF commends Bahrain for Net-Zero 2060 pledge

bahrain, climate, carbon, ief, kingdom,
Bahrain
  • Date: 27-Oct-2021
  • Source: Saudi Gazette
  • Sector: Oil & Gas
  • Country: Bahrain
  • Share:

IEF commends Bahrain for Net-Zero 2060 pledge

RIYADH — The International Energy Forum (IEF) Secretary General Joseph McMonigle commended the Kingdom of Bahrain on its pledge to reach net-zero carbon dioxide emissions by 2060. The Bahraini Cabinet made the announcement days after Saudi Arabia and the UAE unveiled their net zero targets, in a flurry of climate diplomacy in the Gulf days before the start of the COP26 climate change conference due to be held in the UK on Oct. 31 – Nov. 12. "The IEF commends the leadership of the kingdom of Bahrain for this important commitment, which places Bahrain at the forefront of climate ambition in the Gulf Cooperation Council," said McMonigle. Bahrain's Special Envoy for Climate Affairs and Chief Executive of the Supreme Council for Environment, Dr. Mohamed Bin Mubarak Bin Daina, said: "Climate change is a global challenge that requires cooperation and joint responsibility. “We encourage other countries to join the global community in achieving sustainable development by unlocking the potential of a greener economy and working together to keep 1.5 degrees alive." The kingdom will adopt a circular carbon economy approach, whereby carbon dioxide is recycled, reused and removed from the atmosphere, using a range of technologies including carbon capture and afforestation,

Tuesday Sector Leaders: Oil & Gas Exploration & Production, Metals & Mining Stocks

UAE adopts its largest legislative reform in its history via 40 new laws and changes

Goldman Sachs says these 6 energy stocks still have plenty of room to run

Sheikh Mohammed approves housing projects worth Dhs3.8 billion in Dubai