CLIMATE ACTION AND GREENHOUSE GAS ACCOUNTING: A VITAL PART OF UAE’s SUSTAINABLE STRATEGIC PLANNING!

Climate change is becoming and undeniable threat – happening in an accelerated rate!!! According to UAE’s Federal Decree-Law No. (11), climate change is - “ A change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability observed over comparable time periods ”. As we witness the severity of extreme weather events both globally and locally, the urgency of climate action has never been clearer.If there is no proper balancing between climate change mitigation and economic development, then the entire economy will be at risk. UAE’s rapid urbanisation, industrial growth and economic diversification have led to a significant increase in greenhouse gas emission, making climate action mandate more than optional one. With an ambitious goal of achieving net zero by 2050, UAE started its transition to a more sustainable economy. In 2015 UAE became the first GCC count...