ADCB is funding research by Harvard Kennedy School on a new approach to reform the carbon markets.

With ADCB support, the Harvard Kennedy School is conducting research aimed at facilitating a new approach to carbon credit markets, with a particular focus on driving substantial investments into green projects, especially in the Global South.

The main goal of the research is to establish the foundations for practical implementation of the Project Investment Approach, initially proposed by Harvard Kennedy School scholars Ely Sandler and Daniel Schrag in a policy paper aimed at making Article 6 of the Paris Agreement actionable.

This approach advocates for developed countries to invest in clean infrastructure projects in the Global South at concessional levels. In return for their investments, these developed nations would receive carbon credits, which can be used to fulfil their Paris Agreement commitments, as well as potential financial returns and other benefits.

The UAE Carbon Alliance aims to develop a leading carbon market ecosystem in the UAE, aligned with UAE net zero 2050

The UAE Carbon Alliance promotes the development of a leading carbon market and climate technology ecosystem in the UAE in alignment with the UAE net zero 2050 Strategy and the Paris Agreement

The Alliance will first engage in an extensive education and awareness campaign and complement this in a second step with carbon credit demand aggregation

The Green Zone will be operational between 30 November -12 December 2023

From 30 November to 2 December, the Green Zone will be open to sponsors and showcase participants, business visitors and accredited Blue zone delegates only.

From 3 December to 12 December, the Green Zone will be open for entities to host events. Public programming will also commence on 3 December, with a public programme to be announced.

The official opening hours of the Green Zone are 10:00am - 6:00pm, with some events taking place in the evening between 6:00pm and 10:00pm.

ADCB's Sustainable Oasis stand at COP28 merges nature with ADCB's climate journey. Twin pillars invite visitors in, serving as gateways to diverse interactions—peepholes revealing air-purifying orchids and touch screens enlightening guests about ADCB's climate-focused products.

Moving into the engagement zone, a circular sanctuary unfolds with circular benches and a convex dome projecting a nature-centric video. Below, an oxygen-generating garden thrives with aloe vera, snake plants, and peace lilies. The real plants, needing minimal care, will be replanted once the exhibition concludes.

The walls surrounding these features are adorned with ADCB's net zero journey, highlighted by shadowed key dates, mirroring the natural interplay of light and shadow.

Crafted from sustainably sourced wood and adorned with water-based white hues, the stand prioritises eco-friendliness. Recycled fabric, LED lights, and recyclable vinyl flooring complete the sustainable narrative. The ambient sounds in the circular room encourage a tranquil respite, inviting visitors to pause amidst the frenzy of modern life.