UAE and Turkey drive effective climate change cooperation

UAE and Turkey drive effective climate change cooperation

The UAE and Türkiye, driven by their commitment to climate action, have embarked on a series of collaborations aimed at addressing climate change and fostering environmental sustainability. These two nations have recently signed multiple agreements and Memorandums of Understanding (MoUs) to enhance their cooperation in climate and environmental-related areas. During Turkish President Recep Tayyip Erdogan's visit in February 2022, 13 cooperation agreements were inked, focusing on climate action and agriculture. These agreements demonstrate their joint dedication to working together in support of the global transition to climate neutrality. These efforts align with the UAE's vision of promoting international cooperation, sharing best practices, and addressing challenges to ensure a sustainable future. Leading Emirati companies are making significant investments in developmental projects that benefit the environment. International Holding Company, through its subsidiary International Energy Holding, has acquired a 50 percent stake in Turkish renewable energy company Kalyon Enerji for AED1.8 billion ($490 million). This strategic move aims to expand the clean energy portfolio of International Holding Company and supports the renewable energy projects in Türkiye, including the photovoltaic power plant project in the Karapinar Region, the wind project in Niğde, and the solar project in Gaziantep. The UAE is taking a leading