Aldar, MOCCAE launch Real Estate Climate Pledge to support UAE Net Zero strategic initiative

Aldar, MOCCAE launch Real Estate Climate Pledge to support UAE Net Zero strategic initiative

ABU DHABI, 8th March, 2023 (WAM) – Aldar Properties (Aldar) and the Ministry of Climate Change and Environment (MOCCAE) recently co-hosted a real-estate focused National Dialogue for Climate Ambition (NDCA) meeting where 29 real-estate and construction companies from across the UAE signed Aldar and MOCCAE’s Real Estate Climate Pledge (the Pledge).

By signing the Pledge, an initiative co-sponsored by Aldar and MOCCAE, the signatories are supporting the UAE’s Net Zero by 2050 Strategic Initiative through a commitment to publishing their own decarbonisation targets before COP 28, which is taking place in Dubai from 30 November 2023. The NDCA meeting, held under the banner of ‘Decarbonising the Buildings Sector’, was the ninth sector-focused gathering organised as part of a programme of events to support the UAE’s Net Zero strategy. The event was held at Aldar Square, the company’s headquarters on Yas Island.

The 29 companies that signed the pledge specialise in design and consultancy, engineering, manufacturing, construction, energy services, and facilities services. As well as announcing decarbonisation targets, the signatories will collaborate and share experience and best practices to find ways to reduce emissions across the real estate and construction sectors’ value chain. They will also share data to help improve carbon emissions