UAE Business: Blue Carbon launched offer nature-based solutions in UAE – Gulf Digital News

UAE Business: Blue Carbon launched offer nature-based solutions in UAE – Gulf Digital News

The Private Office of Sheikh Ahmed Dalmook Al Maktoum has launched Blue Carbon in the UAE to create environmental assets and nature-based solutions as well as support carbon removal projects worldwide.

Blue Carbon was formed against the backdrop of growing international efforts to fight climate change. It will work to advance and integrate nature-based solutions into climate change mitigation initiatives to help countries fulfill their net-zero emission commitment by 2050 in compliance with Article 6 of the Paris Agreement, said a statement.

Sheikh Ahmed, Chairman of Blue Carbon, said: “We are delighted to launch Blue Carbon today. The company is founded at a time when one-third of greenhouse gas (GHG) emissions reductions needed by 2030 to reach the net-zero target can be achieved through nature-based solutions. These solutions can help boost more efforts needed to reduce global energy-related carbon emissions to net zero by 2050 and, thus, give the world an even chance of limiting the global temperature rise to 1.5°C.”

“Net-zero commitments must be backed by immediate steps and credible actions by businesses, investors and countries. As such, at the core of our work is to enter into bilateral agreements with governments and private entities across the globe so that, together, we