#Net-zero

MUBADALA partners with SAILGP

Mubadala and SailGP sign three year global partnership

The two organisations said the partnership will focus on SailGP’s ambition of becoming the most sustainable sport in the world

ADNOC allocates 1$5M towards low carbon solutions

ADNOC earmarks $15bn for low-carbon solutions and decarbonisation tech

The company will launch projects involving carbon capture, electrification and new CO2 absorption technology, and also enhance investments in hydrogen and renewables 

Saudi Green Initiative

Saudi Arabia aims to achieve net zero emissions by 2060

It involves an investment of SAR700bn, with the minister of energy adding that the initiative will not have an adverse economic impact on oil exporters

Dubai: The Sustainable City unveils world’s first net zero carbon building

The building will be home to SEE Institute

Cisco commits to net zero greenhouse gas emissions by 2040

Cisco will establish other near-term emissions-reduction targets for its most material emissions sources in support of their 2040 net zero goal

UAE assessing net-zero emissions target ahead of COP26

No major OPEC producer has announced a net-zero target