What sustainable finance and carbon markets mean for the GCC – MEED
What sustainable finance and carbon markets mean for the GCC – MEED
The 28th edition of the Conference of Parties (Cop28) is fast approaching and the UAE, as the host nation, and the Middle East more generally are gearing up to show leadership and initiative in effectively tackling climate change issues.
The key question is how Gulf states' net-zero pledges will be put into action in the coming decade.
A critical piece of the energy transition puzzle is securing adequate funding to implement net-zero targets within the stated timeframe. The low and no-carbon technologies required to transition to clean energy and clean up existing carbon-intensive infrastructure need significant capital to scale up at pace.
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