As the climate crisis deepens, the UAE is ramping up efforts to mitigate the climate change impacts by cutting down on emissions across key economic sectors through regulatory and technology interventions. The UAE’s energy minister has now stated that it plans to increase the share of clean energy projects to 50% of its overall energy mix by 2050, state news agency WAM cited its energy minister.
Suhail al-Mazrouei said the country would begin updating its energy policy in early 2023 to align with reaching climate neutrality by 2050. He added that the UAE aimed to achieve a 25% share of the hydrogen export market and that Japan, South Korea, and Germany would be top destinations for it.
“In addition to targeting other markets in Europe and East Asia, we aspire to be at the forefront of nations’ clean hydrogen production with competitive advantages for blue and green hydrogen and to build large-scale hydrogen and ammonia production facilities,” he said.
Last year, UAE unveiled a goal to achieve net-zero emissions by 2050 and said it would oversee investments in renewable energy totaling $163 billion.
Following this, the country became the first nation in the Middle East and North Africa to start a conscious effort to fulfill the climate promise.
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