UAE launches its Strategy for Climate Neutrality 2050: The UAE has launched its Strategy for Climate Neutrality 2050 targeting carbon neutrality in six sectors including energy and waste, Wam reported last week. The strategy represents a roadmap to achieving the goals of the UAE Net Zero 2050 initiative launched two years ago. The UAE launched the initiative’s pathway with a timeframe and mechanisms for implementation at COP27 last year.

So what does the new strategy entail? The national strategy aims to achieve carbon neutrality in six sectors — energy, industry, transportation, agriculture, waste, and construction — and identifies three necessary mechanisms to achieve this. The three factors that will support the transition to net zero are providing appropriate mechanisms to finance climate efforts, harnessing technology and supporting the research and development strategy, and committing to the methodology of enhancing skills and capabilities, UAE Climate Change and Environment Minister Mariam Almheiri explained.

Economic upsides and benefits: The strategy will create more than 200k jobs, contribute to achieving about 3% growth in GDP, and enhance the growth of national exports, Almheiri added.