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United Arab Emirates
Documents
In 2023, the UAE’s Sustainable Finance Working Group (SFWG) published the Principles for the Effective Management of Climate-related Financial Risk, which sets seven principles that financial regulators in the UAE are expected to abide by to effectively manage climate-related financial risks. Principle 5 requires financial firms to implement monitoring and reporting ...
Third Update of Second Nationally Determined Contribution for the UAE, Nationally Determined Contribution from United Arab Emirates in 2023
Targets (3)
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- By 2050, increase the renewable energy's contribution to the energy mix to 50%Energy: Renewable Energy · Target year: 2050Source: National Water and Energy Demand Management Programme
- By 2050, reduce energy demand by 40% compared to BAUEnergy · Target year: 2050Source: National Water and Energy Demand Management Programme
- Reduce CO2 emissions associated with water desalination process by 100 million metric tonsWater · Target year: 2036Source: UAE Water Security Strategy 2036
Legislative Process
The United Arab Emirates was established in 1971 as a federation of seven emirates – Dubai, Abu Dhabi, Ajman, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. They are governed by a Federal Constitution, which was made permanent in 1996.