Oil-rich UAE orders emissions monitoring in new climate law
TDT | Dubai
Email: mail@newsofbahrain.com
The United Arab Emiratesbegan mandatory emissions monitoring for companies on Friday under a new law targeting climate change.
Greenpeace hailed the move, a first for the Middle East but already in place in dozens of countries worldwide, as a “bold leap toward regional climate leadership”.
Under the new law, companies are required to report and reduce their emissions of the greenhouse gases that are responsible for global warming.
Ghiwa Nakat, executive director of Greenpeace MENA, called it a “progressive move”.
“By institutionalising emissions monitoring and climate adaptation, the UAE is setting a compelling example for countries across the region,” she said in a statement.
Public and private companies now have to regularly monitor emissions and take steps to reduce them, or risk fines of up to two million dirhams ($545,000).
Related Posts