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UAE Carbon Alliance

The UAE Carbon Alliance is a coalition of businesses dedicated to the advancement of a carbon market ecosystem in the UAE.

Established in June 2023, the UAE Carbon Alliance brings together stakeholders to support local and global carbon markets. Together, Alliance members advance carbon reduction and promote sustainable climate solutions.

For more information, please contact carbonalliance@uicca.ae

highlights

The UAE Carbon Alliance includes major financial institutions and energy companies in the region.

5

Founding members across sectors

55

participating members and growing

highlights

Carbon markets are trading systems for greenhouse gas emissions. Companies and individuals use carbon markets to offset emissions and get closer to net-zero emissions.

The Carbon Alliance aims to establish standards for carbon financing, improve awareness of carbon markets, and drive more investment in decarbonisation efforts.

In addition to UICCA, founding members include ACX, First Abu Dhabi Bank, Mubadala Investment Company, Abu Dhabi National Energy Company, and Abu Dhabi Future Energy Company.

Additional members include three major financial institutions: ADCB, Standard Chartered, and Emirates NBD.