UAE On The Road To COP28

The Year of Sustainability

2023, the 'Year of Sustainability' in the UAE, a nationwide commitment towards sustainable practices. Environmental, social and governance (ESG) considerations are increasingly shaping investment decisions. Green infrastructure and the mechanisms to finance clean development projects are critical to decarbonising the economy. UAE, along with the rest of the world, is racing towards net zero by 2050, in line with the commitments made under the Paris Agreement. However, while we are all aware of the need for action, it's often difficult to pinpoint meaningful progress towards net-zero. As the 28th United Nations Climate Change Conference (UNFCCC), Conference of Parties (COP28) draws near, the UAE, as host, is determined to solidify its commitment towards addressing the challenges posed by climate change.