Climate change actions put Qatar at forefront of sustainability initiatives, says Invest Qatar report

Climate change actions put Qatar at forefront of sustainability initiatives, says Invest Qatar report

Various commitments to fighting climate change have positioned Qatar at the forefront of sustainability initiatives, particularly in major areas of urban planning, transportation, energy, and ESG reporting, according to a report from Invest Qatar.

In ‘Road to ESG Investing: Financing Sustainable Growth in Qatar’, the Investment Promotion Agency Qatar (IPA Qatar), the agency overseeing investment promotion activities under the Invest Qatar brand, stated that the country has achieved major milestones in urban planning, among other areas.

These include the hosting of the first carbon-neutral FIFA World Cup, development of Lusail and Msheireb townships, adoption of Global Sustainability Assessment System standards in buildings, and the efforts of Public Works Authority (Ashghal) in waste recycling, emission monitoring, tree plantation, and reclamation projects.

In energy, some of the milestones include Qatar Petroleum’s transition to QatarEnergy, the establishment of the 800MW capacity Siraj solar power plant, the Tarsheed programme of Qatar General Electricity & Water Corporation (Kahramaa), and the technological innovations by Qatar Solar Technologies (QSTec) and Qatar Science & Technology Park (QSTP). Similarly, in transportation, the then Ministry of Transport and Communication (MoTC) plans to have 25% of total public buses go electric by 2022, Kahramaa’s establishment of 400 electric vehicle charging stations by 2022,