UAE Carbon Alliance looks to establish national cooperation in decarbonization effort

UAE Carbon Alliance looks to establish national cooperation in decarbonization effort

The UAE Carbon Alliance – a new coalition of partners dedicated to advance the development of a carbon market ecosystem – was launched on Wednesday in Abu Dhabi by the UAE Independent Climate Change Accelerators (UICCA).

Chaired by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, the UAE Carbon Alliance is comprised of leading organizations recognizing the importance of carbon credits to achieve net zero goals.

For the latest headlines, follow our Google News channel online or via the app.On the occasion, Sheikha Shamma who is the President & CEO of UICCA, commented: “Carbon reduction is both fundamental and non-negotiable for the health of our planet. To reach Net Zero, we must actively reduce our emissions across all sectors, and it is imperative that public and private sectors take active steps to reduce emissions. Productive partnerships like the UAE Carbon Alliance will help the world find practical solutions on the path to decarbonization, by funding the actual physical carbon abatement efforts and making them financially, environmentally, and socially viable. The UAE Carbon Alliance will establish the UAE as a leading hub for high integrity, high quality carbon markets, to help fund the much-needed action to limit global warming to 1.5 degrees.”

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