Her Excellency Mariam bint Mohammed Almheiri, the UAE Minister of Local weather Change and Setting, presided over the launch of the tenth Nationwide Local weather Ambition Dialogue right now. The occasion, organized by the Ministry in collaboration with Emirates Metal Arkan, rallies beneath the theme “Accelerating the Tempo of Transition to Low Carbon Inexperienced Business”.
The dialogue, the tenth in its sequence, particularly spotlights the economic sector and goals to cut back industrial carbon emissions within the UAE. That is notably well timed because the UAE prepares to welcome the worldwide local weather neighborhood to the forthcoming Convention of the Events (COP28) beneath the United Nations Framework Conference on Local weather Change later this yr.
The occasion aligns with the 12 months of Sustainability and seeks to reinforce sectoral local weather ambition throughout the nation. It’s designed to assist the UAE’s strategic initiative of reaching local weather neutrality by 2050 and strengthen its dedication to worldwide local weather motion agreements, notably the Paris Local weather Settlement. Moreover, the occasion goals to foster collaboration amongst strategic companions, authorities entities, and personal organizations to attain these targets.
In her speech, HE Mariam Almheiri reaffirmed the UAE’s keenness to fulfil its international local weather commitments by shifting ahead to attain local weather neutrality targets by 2050. She additionally identified that each one companions within the nation wanted to cooperate to attain this objective. She expressed her happiness on the pledge of the biggest industrial corporations within the UAE to cut back their carbon emissions forward of the Convention of the Events (COP28) this yr.
She stated: “The economic sector is answerable for a big proportion of carbon emissions within the UAE and the world, and we have to work now to seek out sensible options to cut back these emissions. We’re assured that with the cooperation of all companions and their full dedication, we will likely be extra able to reaching all our widespread targets, dealing with local weather change, and making a extra sustainable future for us and future generations.”
HE Almheiri added: “The UAE believes within the urgency of working to restrict the worldwide temperature rise to lower than 1.5°C to keep away from the implications of local weather change and its results on human life. Subsequently, the UAE was the primary nation within the Center East to signal the Paris Local weather Settlement and supply nationally decided contributions to cut back carbon emissions. With the assist of our clever management, we’re working via the Nationwide Dialogue for Local weather Ambition and different initiatives to have interaction all stakeholders in reaching our local weather targets and local weather neutrality by 2050.”
HE Almheiri prolonged her gratitude to the representatives of the collaborating corporations and conveyed her satisfaction with their dedication to signal a pledge and set targets for carbon emission discount of their industrial operations earlier than COP28. She emphasised the importance of this pledge as a vital stride in direction of establishing an environmentally aware industrial sector that addresses local weather change, preserves the surroundings, and fosters sustainable financial development.
Attendees on the occasion included HE Engineer Saeed Ghumran Al Remeithi, Chief Government Officer of Emirates Metal Industries, and representatives from the Ministry of Business and Superior Know-how, the UAE Area Company, Fujairah Setting Authority, Dibba Al Fujairah Municipality, the Setting Company – Abu Dhabi, Dubai Municipality, Ras Al Khaimah Municipality and Emirates Metal Arkan, along with representatives from over 150 of the biggest manufacturing corporations within the nation.
In the course of the occasion, 28 corporations working within the industrial sector within the UAE pledged to implement targets to cut back carbon emissions, undertake extra sustainable methods in managing their operations, simply forward of the UAE’s internet hosting of the COP28 convention in November and December 2023.
These corporations are the sixth batch to affix the “Local weather Accountable Corporations Pledge” initiative, a part of the “Nationwide Dialogue for Local weather Ambition”, bringing the overall variety of corporations which have signed the pledge to 90 from numerous sectors within the nation.
Eng. Saeed Ghumran Al Remeithi, Group CEO at Emirates Metal Arkan, stated: “We’re honoured to host the tenth Nationwide Dialogue on Local weather Ambition organized by the Ministry of Local weather Change and Setting. As the biggest publicly traded metal and constructing supplies producer within the UAE and a signatory of the UAE Local weather-Accountable Corporations Pledge, we’re proud to be driving our trade’s decarbonization efforts at a scale that’s supporting the nation’s strategic initiative to understand Web Zero by 2050.”
He added: “By actively minimizing our environmental impression and aligning with the nation’s bold targets for a greener tomorrow, we’re leveraging innovation throughout our merchandise, initiatives and operations whereas working with our stakeholders to create an even bigger impression on the economic sector’s carbon footprint, speed up the transition to a low-carbon economic system and seize new enterprise alternatives.”
The tenth Nationwide Local weather Ambition Dialogue witnessed the signing of a memorandum of understanding between Emirates Metal and “DNV” aimed toward cooperation in enhancing sustainable financing for decarbonisation, environmental, social threat Evaluation, vitality transformation, inexperienced metal assurance, sustainable buying and provide chain, and verification of carbon credit.
The occasion additionally included a number of discussions and workshops on key matters enabling the economic sector to cut back carbon emissions and implement sustainable and revolutionary strategies that contribute to selling inexperienced financing, the round economic system, and the hydrogen economic system, amongst different fashionable applied sciences, notably carbon seize, storage, and elimination.
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