Dubai announces ambitious plan to reduce carbon emissions by 50%
09-12-23
The emirate has created an attractive market for renewables and has undertaken the development of mega clean energy projects.
Dubai has announced an ambitious plan to achieve carbon neutrality, aiming for a 50% reduction in emissions by 2030. The new plan will accelerate the momentum it has achieved in its transition to clean energy over the past decade, backed by a clear roadmap to achieve its goal of net zero emissions by 2050.
Dubai Executive Council Secretary General Abdulla Mohammed Al Basti reaffirmed Dubai's dedication to environmental sustainability and climate action, aligned with the goals of the Paris Agreement. "We are committed to collaborating with other global cities that share our vision for sustainability and climate action. Guided by the inspirational leadership of Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, the emirate continues to consolidate its status as a city that offers the best quality of life in the world.
"In an announcement that coincides with the UAE's hosting of Cop28, Dubai has launched its target to double its carbon emissions reduction, aiming for a 50% reduction by 2030. This ambitious plan is a testament to the emirate's dedication to a sustainable future, with an emphasis on environmental protection, biodiversity, resource conservation, a substantial increase in renewable energy and the advancement of a green and circular economy," he added.
By fostering partnerships with leading regional and international clean energy organizations, Dubai has created green financing mechanisms, balanced risks and expanded its local capabilities to play a proactive role in driving its energy transition. This approach has sent positive signals to clean energy investors, created an attractive market for renewable technologies, and led to the development of clean energy megaprojects. Dubai has realized exemplary projects, such as the world's largest single-site solar power park, the region's first hydroelectric plant, a green hydrogen facility, a waste-to-energy plant and the production of green aluminum.
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