Khaleej Times

Two decades in transition­al investment­s

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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

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