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DIFC announces decarbonation strategy, achieving Net Zero by 2045 at Future Sustainability Forum 2024

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  • DIFC has announced its Decarbonisation Strategy, reinforcing its commitment to being a sustainability leader in the region

  • DIFC is playing a key role in the UAE’s Net Zero 2050 Goals, aiming to reach net zero by 2045, with targeted emission reductions across operations, construction, and supply-chain

  • The Centre published its inaugural Sustainability Progress Report, titled “Building a Sustainable Future: DIFC’s Path to Impact” 

  • The Future Sustainability Forum 2024, brought together 3,000 industry leaders, government officials, and sustainability experts to explore innovative solutions to achieve net-zero targets, advance sustainable finance, and drive green innovation

“The Future Sustainability Forum serves as a critical platform that enables global collaboration, knowledge sharing, and finding practical solutions for climate change and sustainable development. In light of COP29 outcomes, we are pleased to announce DIFC’s Decarbonisation Strategy, where we are setting new standards for environmental leadership. We remain at the forefront of solidifying Dubai’s position as the leading sustainable financial city in the region. Today, we are setting a new benchmark for decarbonisation within global financial centres and aim to achieve Net Zero in 2045, five years ahead of the UAE’s targets.” – His Excellency Essa Kazim, Governor of DIFC.

Dubai, UAE, 9th December 2024, ZEX PR WIREDubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, today announced several updates at the 2nd edition of the Future Sustainability Forum, that advance its position as the region’s leading sustainability finance hub.

Building on the outcomes of COP29, the legacy of COP28 with its landmark UAE Consensus, which was hosted in Dubai last year, DIFC has unveiled its Decarbonisation Strategy, reinforcing its commitment to being a sustainability leader in the region. The Centre will play a vital role in contributing to the UAE Net Zero 2050 strategic initiative, by committing to achieve its Net Zero targets by 2045. In its Decarbonisation Strategy, DIFC targets reducing emissions in areas it directly controls relating to its operations, construction activities and supply chain, setting an example for financial centres worldwide. DIFC’s Strategy aims to achieve real Net Zero, without offsetting or trading carbon emissions.

The event also served as a platform to launch DIFC’s inaugural Sustainability Progress Report titled ‘Building a Sustainable Future: DIFC’s Path to Impact’ detailing achievements and a roadmap for sustainability.

The Forum also hosted the Climate Tech World Cup. Organised by Trescon and powered by Ignyte, it is a call to action for entrepreneurs, innovators, and visionaries from across the globe. Participants were encouraged to present their ideas and solutions to the pressing environmental challenges of our time. Finalists included Acklo, Baynunah Watergeneration Technologies, Green Worms, Mahawa, The Surpluss, Sirius Energy and Zeroe.

COP29 signified the midpoint of the “COP Presidencies Troika”, a collaborative effort between the UAE (hosted COP28) and Brazil (host to COP30 in 2025) that aims to accelerate progress toward the 1.5°C goal. DIFC’s Future Sustainability Forum and announcements come amidst new targets and outcomes from COP29, which will strengthen the UAE’s efforts to mitigate climate risk.

His Excellency Essa Kazim, Governor of DIFC, commented: “The Future Sustainability Forum serves as a critical platform that enables global collaboration, knowledge sharing, and finding practical solutions for climate change and sustainable development. In light of COP29 outcomes, we are pleased to announce DIFC’s Decarbonisation Strategy, where we are setting new standards for environmental leadership. We remain at the forefront of solidifying Dubai’s position as the leading sustainable financial city in the region. Today, we are setting a new benchmark for decarbonisation within global financial centres and aim to achieve Net Zero in 2045, five years ahead of the UAE’s targets.”

Figures from Bloomberg’s Capital Markets League Tables has showed that annual issuances of green social, sustainable, and sustainability-linked bonds (GSSB) in the Middle East and North Africa (MENA) in 2023 hit a new record of USD 24bn, driven by the UAE and Saudi Arabia. The UAE leads regional green bond issuance, recently reaching USD 10.7bn, up nearly 170 per cent and capturing approximately 45 per cent of regional totals.

As a leader in global climate action, the UAE has strengthened its role in driving efforts to mobilise climate finance with several global initiatives. These efforts advance the global climate agenda, further international co-operation in environmental sustainability, and support the green transition. DIFC is also bolstering its position as a regional and global hub for sustainable finance, innovation, and leadership, building on the dialogues initiated during COP28 and enhanced through COP29.

Launched during COP28, the DIFC Sustainable Finance Catalyst is a cornerstone initiative in supporting start-ups and innovation in the sustainable economy by scaling sustainable financial flows from Dubai to USD 100bn by 2030, enabled by the first AI-driven sustainability knowledge hub. A workstream for the Future Sustainability Forum will be added to the 2025 Dubai FinTech Summit, creating opportunities for cross-sectoral growth between sustainability, ESG and innovation.

Bringing together 3,000 industry leaders, government officials, and sustainability experts to explore innovative solutions for achieving net-zero targets, advancing sustainable finance, and driving sustainability-led innovation, the Future Sustainability Summit hosted over 500 global investors and more than 100 speakers.

The 2nd edition of the Future Sustainability Forum is supported by:

Strategic Government Partners: Dubai Municipality, Ministry of Energy and Infrastructure

Strategic Partner: DIFC Sustainable Finance Catalyst

Presenting Sponsor: Commercial Bank of Dubai

Powered By: Mashreq

Platinum Sponsors: Deloitte, Esyasoft

Gold Sponsor: Emirates NBD

Mobility Partner: Salik

Silver Sponsors: Barclays, S&P Global, Hedge5, Ahya, Blue Sun

Roundtable Sponsors: LSEG, Vision Bank

Corporate Pledge Partner: TIGRUS Restaurant Holding

Bronze Sponsors: White Hydrogen, Zero, Al Masaood, United Arab Bank, GIM-UEMOA, Pasqal, Ajman Bank, Lafarge, TRST01, TENDERD

Official Media Partner: Arabian Business

Ecosystem Partner: Entrepreneur Middle East

Financial Sustainability Media Partner: The Fintech Times

Official Sustainable Economy Partner: Finance World Magazine

Technology Media Partner: Mena Tech

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn.

With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of 43,800 professionals working across over 6,150 active registered companies – making up the largest and most diverse pool of industry talent in the region.

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.

For further information, please visit our website: difc.ae, or follow us on LinkedIn and X @DIFC.

For media enquiries, please contact: 

Nivine William | Nisha Celina

Burson | bursonglobal.com

nivine.william@bursonglobal.com | nisha.celina@bursonglobal.com

Rasha Mezher | Dubai International Financial Centre Authority  

Manager, Marketing & Corporate Communications

+9714 3622451

Rasha.Mezher@difc.ae

Shadi Dawi

Senior Director – PR & Media

+971 55 498 4989

shadi@tresconglobal.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Actbest – Revolutionizing Eco-Friendly Mobility with Innovative E-Bikes

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United States, 1st May 2025, – Actbest has established itself as an online supplier of high-quality e-bikes, committed to transforming eco-friendly commuting into a convenient experience that everyone can enjoy. As a trusted brand in the e-bike industry, Actbest combines a passion for sustainability with a strong commitment to customer satisfaction.

The company’s core philosophy revolves around quality assurance, ensuring that each product delivers exceptional performance while providing customers with excellent value. More than just a means of transportation, Actbest e-bikes are a catalyst for a healthy lifestyle, combining fitness with the joy of powered riding.

Actbest - Revolutionizing Eco-Friendly Mobility with Innovative E-Bikes

Riders First: Explore Product Line and What They’re Saying

Actbest stands out in the competitive e-bike market thanks to its customer-centric philosophy and rich product line. Actbest e-bikes have received rave reviews from many riders and are widely praised for their smooth and safe performance on a variety of terrains. This positive feedback is the result of Actbest’s commitment to enhancing the riding experience, actively listening to customer needs, and improving product design based on this feedback to truly create an ideal travel companion.

“Every ride with Actbest is a safe and enjoyable adventure, designed just for you,” said a company representative. This also reflects the brand’s determination to create ideal travel companions for diverse consumer needs. Whether it is commuter ebike, mountain ebike, fat tire ebike or folding ebike, all Actbest e-bikes put quality and safety first.

Designed, Manufactured, and Tested In-House

One of Actbest’s major competitive advantages is its vertically integrated production model. The company owns and operates its own dedicated factory, where it independently innovates, designs and manufactures high-quality e-bikes. This comprehensive self-production model allows it to have full control over the entire production process, from the initial design concept to the final assembly.

This manufacturing independence allows Actbest to maintain strict quality standards for performance, durability and safety across its entire product line. Actbest continues to push the boundaries of e-mobility innovation and is committed to providing a well-designed and enjoyable riding experience.

Actbest - Revolutionizing Eco-Friendly Mobility with Innovative E-Bikes

Join the Action: Create a Green Future Together

For consumers who pursue a more active and environmentally friendly future, Actbest provides more than just products; it also provides an enhanced lifestyle that combines technological innovation with ecological responsibility.

For more information about Actbest and its range of e-bikes, visit https://actbestbike.com.

Media Contact

Organization: ACTBEST

Contact
Person:
Doralin

Website:

https://actbestbike.com/

Email:

doralin@actbest.net

Contact Number: 13396965949

Country:United States

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Press Release

Cristobal Bull, Nowhere to Hide, The Islander, and What Mommy Doesn’t See Win April BREW Award

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Australia, 1st May 2025,
 

The Chrysalis BREW Project has announced the winners of the April 2025 BREW Readers’ Choice Award Book of the Month. The titles recognised this month are Cristobal Bull by Chris Corbett, Nowhere to Hide by Jude Austin, The Islander by David W. Berner, and What Mommy Doesn’t See by Karen Ledbetter.

Cristobal Bull by Chris Corbett was noted for its character construction and storytelling approach. The review from The Chrysalis BREW Project stated, “Corbett’s focus on the Bull’s past serves the story’s depth and flow well.” It also noted that the author “presents the Bull as a human being first, with motivations, history, and internal logic.”

Nowhere to Hide by Jude Austin was recognised for its exploration of interspecies dynamics and ethical complexity. The review highlighted, “The best parts of this book highlight what happens when two intelligent life forms attempt to understand each other without the option of walking away.”

David W. Berner’s The Islander was chosen for its portrayal of introspection and change. According to the review, the book is “not a travel story but a story of travelling inward, away from things, people, and situations, and toward clarity.”

Karen Ledbetter’s What Mommy Doesn’t See was recognised for its narrative focus and treatment of sensitive topics. The review noted that “Ledbetter handles sensitive scenes with a deliberate lack of over-dramatisation” and “presents the narrative from the child’s perspective without unnecessary exposition.”

More details about this announcement are on The Chrysalis BREW Project website.

About the Award

The BREW Readers’ Choice Award is a monthly and annual celebration of literature, where readers determine the most beloved books. Book of the Month winners automatically contend for the Reader’s Choice of the Year Awards, which highlight exceptional literary works. To nominate a book or learn more, visit the official page of the BREW Readers’ Choice Award

 

Media Contact

Organization: The Chrysalis BREW Project

Contact
Person:
The Chrysalis BREW Project

Website:

https://thechrysalisbrewproject.com

Email:

info@thechrysalisbrewproject.com

Country:Australia

The post Cristobal Bull, Nowhere to Hide, The Islander, and What Mommy Doesn’t See Win April BREW Award appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Cristobal Bull, Nowhere to Hide, The Islander, and What Mommy Doesn’t See Win April BREW Award

Published

on

Australia, 1st May 2025,
 

The Chrysalis BREW Project has announced the winners of the April 2025 BREW Readers’ Choice Award Book of the Month. The titles recognised this month are Cristobal Bull by Chris Corbett, Nowhere to Hide by Jude Austin, The Islander by David W. Berner, and What Mommy Doesn’t See by Karen Ledbetter.

Cristobal Bull by Chris Corbett was noted for its character construction and storytelling approach. The review from The Chrysalis BREW Project stated, “Corbett’s focus on the Bull’s past serves the story’s depth and flow well.” It also noted that the author “presents the Bull as a human being first, with motivations, history, and internal logic.”

Nowhere to Hide by Jude Austin was recognised for its exploration of interspecies dynamics and ethical complexity. The review highlighted, “The best parts of this book highlight what happens when two intelligent life forms attempt to understand each other without the option of walking away.”

David W. Berner’s The Islander was chosen for its portrayal of introspection and change. According to the review, the book is “not a travel story but a story of travelling inward, away from things, people, and situations, and toward clarity.”

Karen Ledbetter’s What Mommy Doesn’t See was recognised for its narrative focus and treatment of sensitive topics. The review noted that “Ledbetter handles sensitive scenes with a deliberate lack of over-dramatisation” and “presents the narrative from the child’s perspective without unnecessary exposition.”

More details about this announcement are on The Chrysalis BREW Project website.

About the Award

The BREW Readers’ Choice Award is a monthly and annual celebration of literature, where readers determine the most beloved books. Book of the Month winners automatically contend for the Reader’s Choice of the Year Awards, which highlight exceptional literary works. To nominate a book or learn more, visit the official page of the BREW Readers’ Choice Award

 

Media Contact

Organization: The Chrysalis BREW Project

Contact
Person:
The Chrysalis BREW Project

Website:

https://thechrysalisbrewproject.com

Email:

info@thechrysalisbrewproject.com

Country:Australia

The post Cristobal Bull, Nowhere to Hide, The Islander, and What Mommy Doesn’t See Win April BREW Award appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

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