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Wednesday, 08 October 2008 | 05:24 UAE time

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Sabban cuts carbon

by ArabianBusiness.com staff writer  on Saturday, 28 July 2007

Qatar-based Sabban Property Investments (SPI) has earmarked US $220,430 (QR 800,000) for three carbon-offsetting projects in Uganda, New Zealand and Jamaica.

The three projects comprise the first phase of carbon-offsetting activities, which are designed to neutralise the emissions from the construction of Sabban Towers on The Pearl-Qatar.

The developer's support in a reforestation project in Uganda, renewable energy plant in New Zealand and an energy efficiency project covers 25% of the offsetting activities that will make the Sabban Towers, upon completion, the first carbon neutral project in the Middle East.

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