Organisers of the Dubai Desert Classic launched a 'Sustainability Sunday' to highlight the tournament's commitment to environmental responsibility. 'Sustainability Sunday will spotlight all sustainable developments at this year's tournament that fall under four themes: waste, transport, energy, and legacy. It marks an important new addition to the agenda for the 33rd edition of the DP World Tour event, which runs from January 27-30 at Emirates Golf Club.
Part of the DP World Tour's signature Rolex Series, large areas of the event will be powered by a mix of 20 percent locally sourced biofuel and 80 percent solar power, through a flagship partnership with Aggreko, global leaders in temporary power. This results in a reduction in CO2 emission of more than eight times compared to conventional energy production methods.
The collaboration will power large areas of the tournament in a more sustainable way through an energy mix which harnesses plant matter as well as light and heat from the sun, including a 100-metre solar panel on the 11 th hole. Areas to be powered by the new energy mix include the Players' Lounge, the Main Hospitality Pavilion, 15th Green Hospitality, the TopGolf Deck, DP World Tour offices, the Village Area, Merchandise Tent, on course food and beverage areas, and spectator washrooms.
Simon Corkill, tournament director of the Dubai Desert Classic said: "The tournament has entered a new era this year through our elevation to a Rolex Series event, our long-term partnership with title sponsors Slync.io, and our commitment to sustainable, environmentally responsible practices."
In association with Goumbook, a social enterprise promoting sustainable living and green practices in the UAE and beyond, players will participate in a symbolic seed planting of the Ghaf tree, the national tree of the UAE. Other initiatives include a switch to digital ticketing to save paper, a campaign to encourage the use of metro and public transport by spectators, and the replacement of on-course plastic bottles with refillable options. Specialist waste management efforts to reduce waste sent to landfill will also be in operation in partnership with Dulsco, an integrated waste management solutions provider and the Official Waste Management Partner of Expo 2020 Dubai.
The company was selected as waste management partner for the Dubai Desert Classic due to its innovative solutions and facilities which include a Material Recovery Facility, Paper Pulp Moulding Plant, and an upcycling initiative called The New Old & Reloved by Dulsco.
Dulsco will deploy a Recycling Bus at the entrance, supply various recycling bins throughout the event area, and facilitate onsite waste segregation with segregated recyclables being transported to its Material Recycling Facility, which is capable of sorting 240 tons of multiple waste streams per day. In support of the tournament's commitment to reducing its carbon footprint, Dulsco will use compaction machines, resulting in lesser trips, to transport materials to treatment and processing facilities in line with UAE regulations.
Tournament partners are also making major contributions to the sustainability drive: JA Resorts and Hotels will replace all single-use cutlery during tournament week and Wasl will be introducing cans and compostable cups in place of plastic bottles. Food and organic waste will also be repurposed onsite into a valuable resource through WasteMaster, an innovative, patented technology supplied by Green Eco Technologies.
The Arena Group has committed to a 100% PVC recycling rate through-out the duration of the four-day event. Furthermore, Arena has pledged to materially improve their sustainability, and lessen their environmental impact during their four-year partnership with the tournament.
They aim to achieve this through accurate measurement and management, as well as innovative project delivery methods such as alternative sustainable fuel (HVO), alternative power supply (solar), rainwater harvesting, waste minimization and maximisation through reuse, co-processing, and energy recovery. The Arena Group is dedicated to operating in a responsible and sustainable manner, which includes delivering effective social value, energy, carbon reduction, and responsible sourcing.
Sustainability Sunday is part of the tournament's Go for the Green sustainability initiative. It is the first milestone in a commitment towards GEO certification, an ecolabel that recognises environmental and social responsibility in golf. Organisers have also confirmed that the Dubai Desert Classic will join the UN Sports for Climate Action Framework, an initiative to achieve global climate change goals through positive action.
"In a year where we are introducing free entry for spectators and expecting a record turnout, we are more eager than ever to raise awareness and spread the message that we can all take action and contribute to a more sustainable future. Sustainability is one of the main pillars of the UAE's National Agenda and our ongoing initiatives are in line with the efforts being made and encouraged by the leadership of Dubai and the UAE," Corkill adds.
Nineteen entities of the Government of Ras Al Khaimah have achieved the ISO 50001 energy management certification, making Ras Al Khaimah Government the first in the world to achieve this certification for all its entities.
The accomplishment was announced at the World Future Energy Summit 2023, held as part of Abu Dhabi Sustainability Week (ADSW).
These certifications recognise Ras Al Khaimah Government’s continuous efforts to enhance energy efficiency and drive sustainability. They are the culmination of a multi-year programme, combining asset retrofits with capability upgrades, as part of the Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040.
On becoming the first government in the world to have all its entities certified with ISO 50001, Dr. Mohammed Abdullatif Khalifa, Secretary-General of the Executive Council and Director General of the Department of Human Resources, said, “We are very excited by this accomplishment, which comes as a direct result of our adherence to the vision and directives of H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, to make our emirate more sustainable and set a global example in energy efficiency and renewable energy.”
He added, “We are proud of the energy teams and managers in all the entities that have achieved this milestone, and we encourage them to keep pursuing such high levels of ambition to transform Ras Al Khaimah into a global centre for energy sustainability.”
On the occasion, Munther Mohammed bin Shekar, Director-General of Ras Al Khaimah Municipality, said, “This achievement is a recognition of Ras Al Khaimah Government’s commitment to the energy transition. The energy management systems that we have implemented will support government entities in initiating many new projects and developments that will contribute to the net-zero ambitions of the UAE.”
A comprehensive retrofit of government buildings was carried out between 2018 and 2022, through energy performance contracting. The upgrade of four Ras Al Khaimah Municipality buildings in 2018 was followed by a larger project, resulting in the retrofit of 50 buildings by December 2022. Today, these retrofits are bringing guaranteed savings of 26 percent on electricity and water bills.
Over the same period, a centralised approach was adopted to elevate organisational capabilities to manage energy consumption, with the purpose of further improving these savings over the long run. Reem, the Energy Efficiency & Renewables Office of Ras Al Khaimah Municipality, has supported all government entities in establishing best practices in energy management, and capturing synergies such as scale in green procurement and training through the Upskill programme. Collaboration mechanisms are in place among nominated energy teams in each entity, to ensure effective results.
At the onset of the COVID-19 pandemic, in 2020, this coordinated approach led to the adoption of quick-wins in consumption behaviours, resulting in about 10 percent energy savings with near-zero investment. The results encouraged the teams to take more durable steps, through the implementation of complete energy management systems according to the internationally recognised ISO 50001 standard. These include among others, energy policies, targets, monitoring and reporting tools, periodic audits and management meetings to ensure that the pursuit of energy optimisation opportunities are integrated in the planning and management processes of each organisation.
The energy management initiative of Ras Al Khaimah Government is part of the Energy Efficiency and Renewables Strategy 2040 of the emirate, which targets 30 percent energy savings, 20 percent water savings, and 20 percent contribution of electricity from renewable sources by 2040. The strategy supports the UAE commitments for climate change mitigation, as part of the United Nations Framework Convention on Climate Change.
Source: WAM, Binsal Abdulkader/ Esraa Esmail
Shargiil Bashir, Chief Sustainability Officer at First Abu Dhabi Bank (FAB), said that the bank facilitated over AED25.7 billion (US$ 7 billion) for sustainable projects in 2022, noting that the bank has made significant progress by financing many projects across the energy supply, buildings, transportation, waste, water, and food sectors.
In statements to the Emirates News Agency (WAM), Bashir said that the value of the facilities provided by the bank for sustainable projects exceeded AED128.5 billion (US$35 billion) between 2017 and 2021, highlighting FAB's target of providing AED275.4 billion (US$75 billion) in green financing for the period 2022-2030.
In line with the bank's commitment towards climate causes, he said that FAB has set a goal of achieving carbon neutrality by 2050.
Bashir stated that the FAB recently worked alongside Etihad Airways as an environmental, social and governance (ESG) structuring bank for the first global sustainability linked loan in the aviation industry.
“We have created positive sustainable impact from many of the other projects that we have financed, including: 3 the solar projects where 1,989,000 tonnes of CO2 is being avoided every year; 7 green buildings we financed have 2 pearl design ratings; and a wastewater plant we financed treats of 430,000 m3 of wastewater a day,” he noted.
Bashir pointed out the bank's strong contribution to Abu Dhabi Sustainability Week as the largest bank in the UAE and one of the most famous institutional entities in Abu Dhabi, noting that the bank is considered one of the pioneers of sustainability in the banking sector as it isthe first bank in the UAE to commit to net-zero by 2050 and the first GCC bank to join the Net Zero Banking Alliance (NZBA).
Throughout the week, he elaborated, FAB delegates participated in a number of high-profile panels exploring major themes in sustainable solutions as the bank is considered a catalyst in the UAE’s climate objectives due to the depth of its engagement with the national economy across diverse industries.
The Chief Sustainability Officer at FAB stressed that the bank has worked over the past years to consolidate its position as a regional leader in the sustainable financing sector, accumulating in the first green bonds issuance in the MENA region in 2017.
He continued, “FAB has been making significant progress in green bonds issuance. This year, we executed around half of our bond issuance in a green format (US$1.5 billion), including three public benchmark transactions: €500 million five-year, the first-ever green issuance in euros from MENA region; CHF (Swiss Franc) 200 million four-year, where FAB remains the only issuer from MENA with green CHF outstanding, and US$700m five-year, the largest-ever green issuance from a MENA bank.”
Bashir affirmed that the First Abu Dhabi Bank is committed to following the international framework of UN convened Net Zero Banking Alliance (NZBA) by focusing on decarbonisation through science. “When we joined NZBA we committed to aligning our lending and investment portfolios with net-zero emissions by 2050.”
The Chief Sustainability Officer at FAB said that the bank views the UAE as the perfect staging ground for the COP28 Climate Summit in 2023, because of the country's excellent relationships connecting East and West, and its experience as a global convener of choice for urgent international dialogues.
Shargiil Bashir explained that the UAE's solar energy initiatives have consistently set new benchmarks for the affordability of renewables, while Abu Dhabi Sustainability Week and the World Future Energy Summit are driving international conversations on urgent climate and other environmental challenges.
"As the first country in the region to commit to a net-zero pathway, the UAE is developing a comprehensive roadmap to enable its businesses and government entities to transition to a carbon-neutral economy," he concluded.
Source: Khoder Nashar, WAM (Emirates News Agency)
The new eco-friendly community will feature organic farming, bio-domes and a focus on integrated ‘green’ living.
Abu Dhabi-based developer Aldar Properties is set to develop a fully sustainable community in Abu Dhabi – the move is said to reflect the growing demand for eco-friendly living options.
The development will feature hundreds of condominiums and townhouses and will be powered by clean renewable energy and equipped with bio-domes, solar panels and battery-charged communal vehicles to promote energy efficiency and lower emissions, according to a statement Aldar released to the Abu Dhabi Securities Exchange (ADX), where its shares are traded.
The Sustainable City – Yas Island will feature residential units in 10 clusters; the first phase of the project, which will deliver 272 condominiums and 240 townhouses, is expected to open to buyers during a public sale on 19 January 2023.
The development, launched in partnership with Diamond Developers, will be an eco-friendly and walkable community with open green spaces, community farming plots, as well as recycling facilities, which will help lower carbon emissions, and solar panels, which will cut residents’ energy consumption by half, it said.
It will have a ‘central green spine’ that will run the length of the community, featuring parks and lakes, as well as bio-domes, where vegetables will be grown and distributed throughout the district.
To further keep emissions low, the community will provide a network of communal battery-charged buggies and bicycles, enabling residents to move around while their cars remain parked on the outer edge of the development.
According to Jonathan Emery, CEO at Aldar Development, the new project is in response to the strong demand for sustainable living options among “environmentally conscious” clients who prefer a lifestyle that “focuses on low carbon emissions, energy conservation and the fundamental principles of a circular economy”.
He said: “This is a landmark project for Aldar, reflecting our commitment to provide an increasing range of curated living experiences, which our local and overseas customers tell us they want to live and invest in.”
Last year, Aldar announced plans to cut energy consumption by 20% across a portfolio of 80 assets, including hotels, residential properties, retail spaces and schools.
Source: Middle East Construction News, Paul Godfrey
In conjunction with Abu Dhabi Sustainability Week 2023, the Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, revealed Abu Dhabi’s healthcare sustainability goals.
The goals aim to reduce carbon emissions by 20 percent in 2030 and Net Zero by 2050. Through these goals, DoH seeks to set a roadmap for the Emirate’s healthcare sustainability progress and accelerate alignment across the ecosystem.
Segmented into long- and short-term goals, DoH’s healthcare sustainability agenda focuses on three key pillars including infrastructure, operations, and healthcare waste. With focus on infrastructure, DoH will work closely with healthcare facilities in an effort to enable the sector to implement green building methodologies by using sustainable, recyclable and natural materials in hospital construction and maintenance, while transitioning to clean and renewable energy sources.
Dr. Jamal Mohammed Al Kaabi, Under-Secretary of DoH, said, “DoH continues to lead the sector’s sustainability agenda through ensuring the availability of a solid roadmap and to equip the healthcare ecosystem with the means to achieve sustainable operations. The sustainability goals announced today seek to set the stage for strategic targets that will help us create a better future for generations to come, as well as ensure a future-proof healthcare ecosystem in the Emirate. Reflecting Abu Dhabi’s position as a leading destination for healthcare, we remain committed to ensuring the availability of a conscious and innovative operations across all levels.”
The Department will support the healthcare sector in leading sustainable operations related to chemicals food, procurement, transportation, and water, as well as promote and support nutritious and sustainable food systems that are locally produced.
With a global focus on waste management, and through its newly set guidelines, DoH aims to enable healthcare facilities to decrease, treat and safely dispose healthcare waste.
Hind Al Zaabi, Executive Director of Healthcare Facilities at DoH, stated, “The announcement of the healthcare ecosystem’s sustainability goals will allow us to establish a solid governance model for Green Hospitals across the Emirate, over the next few years. We are working with our partners across the sector to develop Abu Dhabi-specific accreditation and labelling for Green Hospitals. Additionally, and to ensure a seamless application of these guidelines and fuel healthy competition across the sector, a new sustainability index “Emirald Muashir” will be added to “Muashir”, the Emirate’s healthcare quality index. Following the launch of “Emirald Muashir” healthcare facilities will be granted specific accreditations that showcase their levels of adaptation to the sustainability goals and guidelines.”
In the short term and over the next year, the Department will equip the sector with the required training to learn and delve deeper in the field of sustainability through providing access to international networks such as the International Hospital Federation and Global Green and Healthy Hospitals. Simultaneously, DoH aims to expand collaborations and partnerships with leading international organisations to exchange knowledge and expertise in the field of sustainability.
DoH has recently launched the “Part S-Sustainability Guidelines” on the Stem website, which seeks to provide guidance and support the healthcare sector achieve their sustainability targets, contributing towards environmentally sustainable buildings and infrastructure in the Emirate. These measures compliment all pre-existing requirements of the DoH Health Facility Guidelines, as it has three major levels; the first of which will be implemented as mandatory for all healthcare facilities, both new and existing.
Additionally, DoH will work closely with the wider healthcare ecosystem to revaluate prescription practices and apply efficient means of pharmaceutical waste management in the Emirate. Furthermore, the ecosystem is encouraged to utilise more environmental-friendly transportation across the sector and reduce water consumption.
With sustainability at the core of its values, Xerox Emirates is contributing to a green future with the success of its sustainable initiatives launched in the recent years that include the Toner & Cartridge Recycling program with Enviroserve, the Print Releaf program and other internal Recycling initiatives.
For generations, Xerox has stood for innovation, quality, and excellent customer experience with a passion for protecting the environment and reducing their carbon footprint in the world, and they have managed to honour their heritage with the launch of their sustainability initiatives for a better future.
In keeping with this commitment, Xerox has fast-tracked their net zero goal by 10 years and established 2040 as their new goal year.
The Toner and Cartridge Recycling program has been in effect since 2010 where Xerox Emirates customers can recycle their used Xerox branded toners and cartridges using a voucher-based system in the UAE. After each collection, the organization gets a ‘Green Certificate’ which adds to their corporate sustainability goals. With over 200 customers registered on this program, they collect almost 1800+ Kgs of toners and cartridges every year for recycling.
Stuart Fleming, Managing Partner at Enviroserve added: “The UAE's sustainability objectives have made recycling a top priority. We are incredibly proud of the collaboration with Xerox Emirates that started over 10 years ago and were the first to fully establish a recycling program in the UAE and its pursuant long-term viability. With every toner and cartridge, we collect and process at The Recycling plant, we reduce the amount of hazardous waste that is destined to landfill and the impact of mining unnecessary resources from nature. We will expand our recycling management efforts with our dedication to multi-stakeholder collaboration and faster recycling infrastructure.”
Print Releaf Program
Launched in November 2021 in the UAE, the partnership with Print Releaf allows Xerox Emirates customers to have the opportunity to contribute to the reforestation of global forests and reduce their overall carbon footprint. Based on a theme of “You print one, we’ll plant one,” paper usage reporting is used to equate the number of trees that are reforested into geographic areas of need. The Print Releaf program has offset 16,280,773 customer pages equivalent to 1,954 trees being reforested to date, contributing to a more sustainable world.
According to the latest CSR report released by Xerox, their vision was to transform Xerox manufacturing, operations, offices, and facilities into waste-free workplaces. In 2021, 95% of non-hazardous solid waste was reused in equipment repairs or remanufacturing, recycled, or used to produce energy, up from 92% in 2020. Xerox commits to reuse or recycle nearly 100% of the equipment and parts received from the clients and field service returns. With an aim to adhere to the highest standards for sustainability, Xerox invests and designs products to be environmentally responsible, from parts selection to efficiency in operation, while extending the life of parts and enabling reuse in manufacturing.
The Xerox Emirates internal recycling program launched in 2020 that collected over 14,000+ plastic bottles is equivalent to over 280 KGS for recycling.
In addition, Xerox is committed to lowering their carbon footprint of their equipment meeting ENERGY STAR® requirements and reducing greenhouse gas emissions. Between the first baseline year of 2002 and 2016, they eliminated 320,000 tons of carbon dioxide equivalent (CO2e). In 2021, Xerox Scope 1 and 2 GHG emissions totalled 133,617 metric tons of CO2e, a 43% reduction from the 2016 baseline. In 2021, calculated Scope 3 emissions decreased by 18% compared to 2020.
Simon Howells, General Manager at Xerox Emirates LLC said: “At Xerox Emirates, sustainability is core to our business. We align our goals for the environment, in key areas, to make an impact for our people and our customers. Our sustainability initiatives have demonstrated incredible success since its launch, and we hope to continue to contribute to the greener lifestyle needs of our customers whilst helping to make the UAE a leading sustainable destination.”
“In addition to this, we look at how we can simplify work, deliver more personalized experiences, and improve productivity through our software and technology. Our Digital Services offerings in automation and content management, help our customers be more productive, profitable, and sustainable whilst contributing to conservation of natural resources. We will continue to ensure a keen focus remains on lowering the energy intensity of our operations.” concluded Howells.
Other Xerox Corporate initiatives include:
CareAR: In one year, CareAR - a Xerox company, created the industry’s first end-toned Service Experience Management platform to digitally transform service experience and this has enabled the brand to reduce client site visits by more than 21,000, with more than 269,000 metric tons of Co2 avoided as a result.
Ocean of Things: OOT, a partnership between PARC® and the Défense Advanced Research Projects Agency (DARPA), developed low-cost drifters to deploy at scale in the ocean for the purpose of collecting information on environmental and human impacts. This data is used to have a significant impact in a variety of areas, including transportation route optimization, aquafarming, coastal security, and clean-up of ocean pollution.
Managing Energy and Greenhouse Gases: Given that energy sources account for most of the GHG emissions, Xerox focused on reducing energy consumption in their own operations and in their clients’ consumption. In 2021, their energy consumption decreased by 12.8% from 2020 and energy intensity normalized to revenue decreased by 13.0%
Toxic chemical release and transfers: The company evaluates the disposition of materials used in their global operations annually and reports to government agencies under national toxic chemical release reporting regulations. Toxic chemical releases decreased by 15% in 2021 compared to 2020 levels and were 85% lower than 2007 levels. In 2021, approximately 2% of the total toxic chemical releases from Xerox operations were emitted into the air. About 68% of all chemical releases were recycled or fuelled energy recovery initiatives.
Xerox plans to achieve net-zero emissions through projects that improve operational efficiency, create new technology innovations, and neutralize residual GHG emissions through carbon compensation mechanisms.
Source: press release
The Environment Agency – Abu Dhabi (EAD) recognised 24 active Green Business Network members at a recent ceremony held in Abu Dhabi.
At the same event, EAD awarded the Green Industries Label to Corodex Industries and Bristol Fire Engineering Industries, enabling them to use it to market their products.
The gesture reflects the important role that corporations play in preserving the environment through the implementation of sustainable practices to reduce pollution, their commitment to raising awareness and contribution to environmental research and studies.
Notable organisations that were celebrated include the Department of Energy, Judicial Department, Department of Finance, Zoo & Aquarium Public Institution in Al Ain, General Authority of Civil Aviation, Musanada, Zayed Higher Organisation for People of Determination, Aldar, Abu Dhabi Ports, and other organisations that have committed to achieving the goals of the Green Business Network initiative.
Last year, in line with this initiative, EAD collaborated with Abu Dhabi Ports Group on a community campaign known as “Clean Your Perimeter”. The purpose of the partnership was to promote sustainable waste management practices and reduce the consumption of single-use plastic materials in industrial facilities. The proposal proved successful, with six facilities across Abu Dhabi participating in 11 clean-up campaigns that collected over two tonnes of waste. There was also significant involvement from private sector companies, including Axis Engineering and Al Ghurair Steel.
Ahmed Baharoon, Executive Director of Information, Science and Environmental Awareness Management Sector, at EAD, said, “With the recognition of 24 Green Business Network members – and as we shift from monitoring companies’ compliance to positively influencing their eco-friendly decision-making – we are hopeful that more facilities will choose to join. This begins with changing the work culture in establishments to improve their environmental performance and empower employees to champion the environment.”
“The industrial sector is a significant contributor to Abu Dhabi's economy. Encouraging sustainable practices in this sector will bring us closer to realising the Abu Dhabi Environmental Vision 2030 plan, which integrates the economic, social, and environmental aspects of sustainability to drive comprehensive sustainable development in the Emirate,” Baharoon added.
In 2022, the Agency launched the Green Industries Labelling Programme to foster supportive partnerships and to encourage and acknowledge the industrial sector's contributions to environmental protection. The programme was launched in line with the nature of Abu Dhabi's industrial sectors and the best global environmental practices. The programme is implemented by encouraging industrial establishments to find creative ways to control pollutants and urging them to implement eco-friendly practices, to increase the percentage of compliance with environmental and community protection.
Faisal Ali Al Hammadi, Executive Director of the Environmental Quality Sector at EAD, commented, “Today we are pleased to award the Green Industries Label to Corodex Industries and Bristol Fire Engineering Industries, for their dedication to implement eco-friendly practices, as well as their strategy-based planning to minimise environmental impacts, which are key to achieving the UAE’s goal to achieve climate neutrality by the year 2050.”
These 24 organisations work to improve environmental performance, and they are part of a group of 92 Green Business Network members that continuously implement initiatives to promote environmental sustainability practices in the workplace.
The Green Business Network Programme was launched in 2019 by EAD as a platform for Abu Dhabi's public and private sectors to learn, share, and encourage eco-friendly workplace practices. The network works to improve and promote communication and collaboration among all members across all disciplines to best practices in relation to reducing greenhouse gas emissions.
Source: WAM, Khoder Nashar
Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy have signed a Memorandum of Understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.
The MoU was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Gert-Jan Nieuwenhuizen, Managing Director for the Port of Amsterdam, Maarten van Dijk, Chief Development Officer of SkyNRG, Bart van der Meer, Business Development Manager, Evos, and Ellen Ruhotas, Managing Director New Energies for Zenith Energy. The agreement was signed in the presence of Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, and Wopke Hoekstra, Minister of Foreign Affairs for the Netherlands.
Dr. Al Jaber said, “This agreement builds upon the existing relationship between the UAE and the Netherlands and demonstrates our mutual commitment to exploring low- and zero-carbon energy solutions. The UAE aims to play a central role in the emerging green hydrogen economy and this partnership with the Port of Amsterdam and associated players in the green hydrogen space would help position Abu Dhabi as a key hub for green hydrogen development.”
For his part, Hoekstra said, “The Netherlands is keen on developing green hydrogen corridors with major future exporting countries like the UAE. Our country is well positioned to become a hydrogen hub for the Northwestern European market. I welcome the collaboration between Dutch and UAE businesses in the field of hydrogen and look forward to further intensifying the cooperation between our two countries.”
Under this MoU, the parties will join their efforts to develop a green hydrogen supply chain, focusing on production in Abu Dhabi and export to the Netherlands through the port of Amsterdam. The exported green hydrogen will be delivered to key European sectors - sustainable aviation fuel (SAF), steelmaking, and bunkering for shipping - and will also be supplied to new, emerging European offtakers, via pipeline, truck and barge. Together, the parties will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen.
Mohammed Jameel Al Ramahi, Chief Executive Officer of Masdar, said, “Masdar believes green hydrogen to be a promising energy source for hard-to-abate sectors in support of global decarbonisation, which is why we launched our dedicated green hydrogen business last month. We are pleased to partner with Port of Amsterdam, SkyNRG, Evos Amsterdam, and Zenith Energy to leverage our synergies in the fuel and logistics sectors to see how green hydrogen can help us achieve our shared goals for decarbonisation and sustainable economic growth.”
Port of Amsterdam, the operator of Europe’s fourth-largest port, is committed to scaling up green hydrogen capabilities and is working closely with commercial parties active in its port on green hydrogen development. SkyNRG, a global leader in SAF, is developing a network of SAF production facilities that require green hydrogen as input. Zenith Energy and Evos Amsterdam are the operators of some of the most prominent blending and storage terminals in the port, with Zenith developing a liquid hydrogen supply chain, while Evos Amsterdam is working on a liquid organic hydrogen carrier supply chain.
Koen Overtoom, CEO, Port of Amsterdam, said, “We are very pleased with this new collaboration. SkyNRG, Evos and Zenith Energy are driving forces behind the hydrogen developments in the port of Amsterdam and they are key in our goal of importing at least one million tonnes of green hydrogen annually. Joining forces with a party as renowned as Masdar, will bring this goal that much closer to realisation. Together, we can bring the envisioned Abu Dhabi-Amsterdam connection to fruition.”
Green hydrogen is produced with green electricity from renewables like wind or solar, in a process that separates water into oxygen and hydrogen via electrolysis. The International Renewable Energy Agency has stated that hydrogen will be an essential component of a net-zero energy system and has a key role to play in decarbonising sectors that are difficult to electrify, such as heavy industry and long-haul transport. The global green hydrogen market is projected to reach $72 billion by 2030, while PricewaterhouseCoopers (PWC), has estimated that by 2050, hydrogen demand could be between 150 and 500 million metric tonnes per year.
Last December, Masdar announced its new shareholding structure and green hydrogen business unit, with a goal of achieving 100 GW renewable energy capacity and green hydrogen production of 1 million tonnes per annum annually by 2030. Masdar is actively involved in a number of projects related to green hydrogen production. Last year, Masdar signed agreements with leading Egyptian state-backed organisations to cooperate on the development of green hydrogen production plants in the country, targeting an electrolyzer capacity of 4 gigawatts by 2030, and output of up to 480,000 tonnes of green hydrogen per year.
The Research and Innovation Center for Graphene and 2D Materials (RIC-2D) based in Khalifa University of Science and Technology, an internationally top-ranked research-intensive university located in Abu Dhabi, UAE and Zero Carbon Ventures, a company dedicated to bringing carbon-reducing technologies to the Middle East, have joined forces to develop local applications for carbon reduction LOOP technology developed by UK climate tech company, Levidian Nanosystems.
The RIC-2D at Khalifa University and Zero Carbon Ventures have erected a site for the carbon-reducing technology at the Arzanah Complex at the university’s Sas Al Nakhl (SAN) Campus, in Abu Dhabi. Research will be conducted on the system’s input and outputs, to develop its applications for different waste gas blends, such as those in the oil and gas industry, agriculture, landfill, and wastewater treatment plants.
Levidian’s LOOP technology demonstrates the ability to process captured methane as a key tool in the journey to a decarbonised world. Methane is cracked to produce Hydrogen, a fuel of the future, and Graphene which has the potential to impact a broad range of industries.
Earlier this year, Zero Carbon Ventures partnered with Levidian to deploy their innovative LOOP technology in the UAE.
The partners will work together on a project-by-project basis – initially on the LOOP technology, but with a vision to collaborate on other programs in the future.
Dr. Hassan Arafat, Senior Director, RIC-2D said: "RIC-2D is pleased to partner with Zero Carbon to jointly work on local applications for carbon reduction LOOP technology developed by Levidian Nanosystems. The cutting-edge Graphene and Hydrogen production technology installed at Khalifa University’s SAN Campus demonstrates our emphasis on bringing world-class innovative Graphene technologies to the UAE and the region. RIC-2D researchers will focus on developing applications for different waste gas blends, such as those in the oil and gas industry, agriculture, landfill, and wastewater treatment plants."
Martin Reynolds, CEO of Zero Carbon Ventures "Methane is one of the worst greenhouse gasses when liberated to the atmosphere. This technology from Levidian is a great example of the kinds of technology we aim to support the development of in the region. We have big plans to deploy it across industry in the UAE, initially, with a particular focus on decarbonizing waste methane from landfill sites. Our partnership with Khalifa University; one of the world’s best science and technology research centres, provides us with fantastic validation and support of the goals we have set ourselves. We are looking forward to seeing the results of this amazing work that will inevitably lead to advancements in the country’s mission to achieve Net Zero."
The RIC-2D hosted by Khalifa University of Science and Technology is part of a strategic investment by the Government of Abu Dhabi, in the UAE, to advance the scientific development and commercial deployment of technologies derived from graphene and other 2D materials. RIC-2D serves as an integral part of an advanced materials innovation ecosystem being developed in Abu Dhabi.
The GCC Exchanges Committee today released a unified set of ESG Disclosure Metrics that includes 29 standards aligned with the World Federation of Exchanges and the Sustainable Stock Exchanges Initiative. These standards include categories across greenhouse gas emissions, energy usage, water usage, gender pay, employee turnover, gender diversity, data privacy, ethics and more.
It should be noted that these metrics are voluntary, and they do not replace existing ESG disclosure guidelines for GCC stock exchanges.
Hamed Ali, CEO of DFM and Nasdaq Dubai, said: “Being part of this great initiative underscores DFM's commitment to strengthening our leadership in the ESG space in line with the Exchange's strategy to become the region's leading sustainable financial market by 2025. We look forward to working closely with the other GCC exchanges to seamlessly adopt these metrics as part of international best practices. This development also complements the various efforts we are undertaking to encourage issuers to incorporate and embed ESG considerations into their approach and operations.”
DFM was one of the first exchanges in the GCC to launch the UAE ESG Index in 2020 to track and promote ESG best practices among listed companies.
“We also actively promote sustainable finance by leveraging Dubai's world-class ecosystem. This has accelerated the Emirate's position as a global centre for sustainable finance, with the total value of sustainable and ESG-linked bonds and sukuk listed on Nasdaq Dubai reaching USD 16.8 billion by the end of 2022,” Hamed Ali added.
The GCC Exchanges Committee consists of Dubai Financial Market, Bahrain Bourse, Boursa Kuwait, Qatar Stock Exchange, Muscat Stock Exchange, Abu Dhabi Securities Exchange, and Saudi Exchange, which chairs the Committee. The Committee aims to support the development of regional capital markets, create an advanced capital market ecosystem in the GCC region, and elevate their position on the global stage.