The United Arab Emirates has announced a plan to attain net zero emissions by the year 2050. The Middle East country seeks to invest $163 billion in renewable energy solutions towards this goal.
The UAE has become the first Middle East country to launch an initiative towards a net zero emission objective.
Sheikh Mohammed bin Rashid Al Makhtoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai stated that the country was committed to leverage on the opportunity to cement their leadership status in climate change initiatives within the Middle East region. The Sheikh also stated this was an economic opportunity to drive development, growth and create new jobs.
The UAE has previously invested $40 billion in clean energy according to their government. The country has commissioned its first nuclear power plant, Barakh, and jas integrated it to their national grid. The gulf state aims to produce 14 GW of clean energy by 2030. This would be a significant increase from 100 MW in 2015.
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