New UAE, France partnership to focus on decarbonisation of hard-to-abate industries

New UAE, France partnership to focus on decarbonisation of hard-to-abate industries

Abu Dhabi: The UAE and France will jointly launch a programme that will help accelerate clean energy development, notably in the decarbonisation of hard-to-abate (HTA) industries, including clean hydrogen solutions for mobility. The two sides will develop commercial and investable opportunities in the sector by combining their expertise in the field. The initiative builds on the partnership successes between Emirati and French companies in the clean and renewable energy sector. Industrial leaders from both countries have partnered in the development, investment, and operation of over 6.2 gigawatts (GW) of clean and renewable energy programs across the globe, notably two of the largest single-site solar projects in the world, located in the UAE, and mobilised over $6 billion in investment, displacing some 10 million tonnes of carbon dioxide annually. Tuesday’s announcement comes as Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, President-Designate for COP28, and Chairman of Masdar, met Bruno Le Maire, France’s Minister of the Economy, Finance, and Industrial and Digital Sovereignty, as part of his visit to the UAE. The programme’s operations will be officially launched during COP28, the 28th session of the United Nations Framework Convention for Climate Change (UNFCCC), to be held in