Blue Carbon and FAB Sign MOU to Accelerate Climate Action and Green Investments
Climate finance is increasingly assuming a central role in the global battle against climate change, as highlighted in the recent Africa Climate Summit.
- Climate finance is increasingly assuming a central role in the global battle against climate change, as highlighted in the recent Africa Climate Summit.
- The partnership between Blue Carbon and FAB is therefore set to accelerate climate progress and channel crucial green investment capital towards much needed mitigation-based projects.
- Commenting on this transformative collaboration, Sheikh Ahmed Dalmook Al Maktoum Chairman of Blue Carbon, noted, "We see immense potential in the collaboration between Blue Carbon and FAB to elevate climate finance to new heights.
- This partnership will also facilitate carbon offset transactions between Blue Carbon and FAB that align with FAB's overarching sustainability objectives, the climate mitigation agenda of COP28 and the UAE's impressive NetZero2050 vision.