Ministry of Climate Change and Environment and Essa Al-Ghurair Investment sign MoU to collaborate on national carbon sequestration project

Ministry of Climate Change and Environment and Essa Al-Ghurair Investment sign MoU to collaborate on national carbon sequestration project

Dubai, United Arab Emirates: – The Ministry of Climate Change and Environment (MOCCAE) has entered into a Memorandum of Understanding (MoU) with Essa Al-Ghurair Investment (EGI) to collaborate on the National Carbon Sequestration Project. Her Excellency Mariam bint Mohammed Almheiri attended the signing ceremony, the Minister of Climate Change and Environment, and His Excellency Essa Abdullah Al Ghurair, the Chairman of Essa Al-Ghurair Investment.

This MoU supports the UAE's Net Zero 2050 initiative and seeks to ensure a meaningful contribution from both parties towards the National Carbon Sequestration Project's objectives, which include increasing the goal of planting mangrove trees in the country to 100 million by 2030.

Commenting on the new partnership, Minister of Climate Change and Environment, HE Mariam Almheiri said: "The Ministry of Climate Change and Environment remains dedicated to cultivating collaboration and partnerships with both public and private sectors within the country, as part of its mission to address climate issues and achieve climate neutrality by 2050—which is a strategic priority for the UAE. The Ministry aims to implement sustainability-focused solutions to enhance efforts in reducing and offsetting emissions, thereby contributing more significantly to climate neutrality and reinforcing initiatives to protect environmental systems and biodiversity."

Her Excellency added: "We are