The United Arab Emirates (UAE) is considering setting a net-zero goal, people familiar with the discussions told Bloomberg. If the federation of seven sheikhdoms and nearly 10 million inhabitants declares a net-zero goal, it would become the first Gulf oil producer committed to achieve a balance between emissions produced and emissions taken out of the atmosphere.
As of April 2021, 44 countries and the European Union have pledged to meet a net‐zero emissions target, the Paris-based International Energy Agency (IEA) reported. A long-awaited United Nations report published on Aug. 9 says evidence is unequivocal that humans are causing climate change, in particular by burning fossil fuels, and UN Secretary General Antonio Guterres called for action to avert a climate catastrophe.
