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UAE to Start Carbon-Offset Trading Exchange in Abu Dhabi

  • Plan part of nation’s attempt to neutralize emissions by 2050
  • Country is preparing to host the next edition of COP in Dubai

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The United Arab Emirates will soon start its first carbon-credit exchange and is taking a tougher stance on ESG disclosure, as the country looks to achieve carbon neutrality by 2050 and prepares to host next year’s COP28 climate summit.