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Climate Politics

UAE Says Oil Major Shell Is Helping Plan Its Net-Zero Push

  • The UAE has pledged to reach net-zero emissions by 2050
  • Country is set to host next year’s COP28 climate summit

The United Arab Emirates said oil giant Shell Plc is helping it devise a plan to reach net-zero emissions by 2050.

The UAE last year became the first of the Persian Gulf’s petrostates to commit to eliminating planet-warming emissions within its borders. Almost $165 billion would be invested in clean energy to reach the target by 2050, Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s prime minister and ruler of Dubai, said when the plan was announced a year ago.