Skip to content Skip to Search
Skip navigation

Bahrain seeks 30% reduction in emissions by 2035

WAM
Bahrain has launched a national energy strategy and a $750 million fund as part of its national carbon neutrality strategy

Bahrain aims to reduce carbon emissions by 30 percent by 2035 and reach zero carbon by 2060 as part of its national carbon neutrality strategy.

The Gulf state recently launched a national energy strategy and a $750 million fund, in addition to establishing the Safaa voluntary platform to offset carbon emissions, the UAE state-run Wam news agency reported.

The country will invest in the green economy to mitigate 80 percent of carbon emissions released from just seven factories, said Mohammad Mezal, environmental specialist at Bahrain’s supreme council.

He stressed the need to provide incentives to reduce energy waste and focus on new and renewable energy. In addition, the Gulf state plans to quadruple the number of mangrove trees on the island nation, with 400,000 trees planted since Cop26.

Bahrain aims to plant 1.6 million trees by 2035, he added.

Cop28 will conclude at the Expo City Dubai on December 12.

Latest articles

Aramco pipelines

BlackRock-led investors to refinance Aramco Pipelines stake

Investors in Saudi Aramco’s gas pipeline network, led by BlackRock, the world’s largest asset manager, are planning to issue $3 billion in bonds to refinance a loan that backed their purchase of a stake in the network.   The consortium of investors took a $13.4 billion bridge loan in 2021 to acquire a 49 percent stake […]

Over the first half of the year Sanad Group signed deals with international airlines including Asiana Airlines and Deucalion Aviation

Mubadala-backed Sanad Group reports 53% revenue growth

Sanad Group, the Abu Dhabi-based global aerospace engineering and leasing company, has seen revenues increase by more than half over the first six months of the year. Figures released to AGBI show revenue totalling AED2.3 billion ($620 million) was reported in the first half of the year, up from AED1.5 billion over the same period […]

Malaysia’s HSS Engineers Berhad and its emirati consultancy HSS signed the deal top oversee construction with the Baghdad municipality

UAE company in joint venture to build Baghdad metro

A Malaysian engineering company and its UAE affiliate have jointly won a $316 million contract to oversee the construction of the new Baghdad metro. The building of the planned 148-kilometre network and its 64 stations across the Iraqi capital was slated to begin this month and end in 2029. This timeline might be delayed, however, […]