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UAE becomes first GCC state to get CO2 credits

A waste-heat recovery project won 79,960 metric tons of Certified Emission Reduction credits on April 1

By Bloomberg
EMISSION REDUCTION: The UAE is the first of a group of six Arab states in the Arabian Gulf to receive United Nations-overseen emission credits
EMISSION REDUCTION: The UAE is the first of a group of six Arab states in the Arabian Gulf to receive United Nations-overseen emission credits

The UAE is the first of a group of six Arab states in the Arabian Gulf to receive United Nations-overseen emission credits.

A waste-heat recovery project won 79,960 metric tons of Certified Emission Reduction credits on April 1, according to data on the website of the UN Framework Convention on Climate Change in Bonn.

The other five oil-producing members of the Cooperation Council for the Arab States of the Gulf are Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia.

 

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