UAE underlines unwavering focus on positive climate action

  • Date: 31-Oct-2021
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:UAE
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UAE underlines unwavering focus on positive climate action



The UAE looks forward to working with the international community to build the path to a lower carbon economy to safeguard the environment and reduce emissions, as well as create lasting economic opportunity. 

 

“We remain a committed partner in the world’s efforts to mitigate climate change and find inclusive practical climate solutions that will deliver sustainable economic growth," said Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, who is leading the UAE’s delegation at the pivotal global climate talks in Glasgow for COP26 (the 26th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC)).

 

An unwavering commitment to reducing emissions – bolstered by the recent launch of the UAE Net Zero by 2050 Strategic Initiative – has led to a number of global and regional firsts for the nation. 

 

As part of its net-zero strategy, the UAE plans to invest AED600 billion (163.35 billion) in clean and renewable energy sources by 2050.

 

COP26 represents the latest opportunity for the 197 parties that signed the UNFCCC treaty to discuss and formalise plans to cut global emissions to "net zero" by 2050.

 

The 197 signatory countries’ representatives is convening in Glasgow, the United Kingdom (UK), on October 31