Climate change is one of the biggest threats facing the planet and humanity.
People and nature worldwide are already feeling the effects: from droughts, fires, flooding and heat waves caused by extreme weather to the loss of coral reefs due to changes in ocean temperature. And these impacts will only worsen if the global temperature continues to rise.
The good news is that many progressive companies, cities, investors and economic sectors are joining communities to take climate action - and we can still escape the worst impacts of climate change, building a safer future for all.
But we need to do more, and faster.
With the UAE hosting the UNFCCC’s COP28 international climate conference in 2023, the nation is committed to play a global role in the negotiations to ramp up commitments and ensure effective implementation of emission reductions. The UAE has recently announced ambitions to reach net-zero by 2050, which creates new opportunities for increasing ambition in climate action for both the private and the public sector. Similarly, a number of private sector entities have also moved to making climate commitments and the number of organisations keen to act is growing. Decarbonizing our economies, while challenging in the beginning, is expected to enhance development of new economic sectors, create new jobs, and overall preserve human well-being.
Through our projects and engagement with stakeholders, we are actively advancing dialogue around climate action across sectors and stakeholders, positioning the UAE’s private sector at the forefront of efforts to reduce greenhouse gas emissions and empowering civil society to contribute to the UAE’s low-carbon journey.