Two decades in transitional investments
Mubadala's commitment to the energy transition and climate impact began in 2001 with some of the foundational investments were made. This partnership is a step forward and a continuation of Mubadala's strategic and long-standing support for the acceleration of the UAE'S energy transition and its achievement of net-zero emissions by 2050.
Last year, ACX was recognised as the Best Carbon Exchange
in Environmental Finance's prestigious Voluntary Carbon Market Rankings. In January 2022, ACX partnered with the UN Framework Convention on Climate Change (UNFCCC) to promote carbon offsetting via UNFCCC Certified Emission Reductions (CERS) to allow clients representing 30 different countries to purchase and retire CERS for their carbon offsetting purposes. — wam