UAE ministry, Aldar launch ‘Real Estate Climate Pledge’

Talal Al-Dhiyebi, Group Chief Executive Officer of Aldar
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Aldar Properties and the Ministry of Climate Change and Environment recently co-hosted a real-estate focused National Dialogue for Climate Ambition meeting, where 29 real estate and construction companies from across the UAE signed Aldar and MOCCAE’s Real Estate Climate Pledge.
By signing the pledge, an initiative co-sponsored by Aldar and MOCCAE, the signatories are supporting the “UAE Net-Zero by 2050” strategic initiative through a commitment to publishing their own decarbonization targets before COP 28, which is taking place in Dubai from Nov. 30.

With 2023 designated as the Year of Sustainability and COP 28 just around the corner, sustainable development has never been more in focus in the UAE.

Talal Al-Dhiyebi, Group Chief Executive Officer of Aldar

The NDCA meeting, held under the banner of “Decarbonizing the Buildings Sector,” was the ninth sector-focused gathering organized as part of a program of events to support the UAE’s net-zero strategy. The event was held at Aldar Square, the company’s headquarters on Yas Island.
The 29 companies that signed the pledge specialize in design and consultancy, engineering, manufacturing, construction, energy services and facilities services.

As well as announcing decarbonization targets, the signatories will collaborate and share experience and best practices to find ways to reduce emissions across the real estate and construction sectors’ value chain.