According to DCCE
statistics, water and electricity generation accounts for 33 percent of all greenhouse gas emissions in the UAE, followed closely by public and private road transportation, which is responsible for 22 percent.
Al Katheeri added: "As pioneers in driving the sustainability agenda across all our developments, our partnership with DCCE
is in line with our CSR strategy that focuses on the environment, human capital and community.
We, in the DCCE
, will spare no effort towards providing all sorts of support to the RTA in implementing its strategic plans and initiatives in curbing carbon emissions and I hope that the signing of this MoU will be a significant step in developing a partnership with the RTA; which we believe will set the path and motivate other government and semi-government entities as well as private businesses to follow suit," Salman concluded.
, which leverages Dubai's economic potential in carbon through Clean Development Mechanism, is a key component of the Supreme Council's efforts to develop a sustainable-energy economy and plans to offset several million metric tons of carbon annually by selling carbon credits on the international market.
At the same time that CSAA's loss & DCCE
ratios have been plummeting, they have enjoyed skyrocketing profits.
The launch of the Mohammed Bin Rashid Al Maktoum Solar Park project in January and our partnership with the DCCE
demonstrates the strength of the commitment to Dubai's vision for a green economy as the basis for sustainable development,' he added.
According to DP World, the agreement is for a period of five years, which will see its practices reviewed by DCCE
, later identifying ways to reduce energy.
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was launched earlier this year through an agreement between the Dubai Supreme Council of Energy and the United Nations Development Programme (UNDP).
Dr Mattar Hamed Al Neyadi, Undersecretary of the Ministry of Energy, has signed a three-year memorandum of understanding on behalf of the ministry with DCCE
The Memorandum of Understanding was signed on behalf of the RTA by Abdul Mohsin Ibrahim Younes, CEO of Strategy and Corporate Governance Sector, and on behalf of DCCE
by Waleed Ali Ahmed Salman, Chairman of the Board of DCCE
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