United Arab Emirates

"While the UAE primarily intends to rely on domestic efforts to achieve its NDC objectives, it may consider or reserve the right to use voluntary cooperation under Article 6 of the Paris Agreement to partially fulfil these commitments. Should the UAE decide to use such voluntary cooperation, it will report through its biennial transparency reports, consistently with any guidance adopted under Article 6.

The UAE is in the process of developing an Action for Climate Empowerment (ACE) framework, in line with the Article 6 of the UN Framework Convention on Climate Change and Article 12 of the Paris Agreement."

The UAE’s dedication to environmental integrity is exemplified by its implementation of Article 6 of the Paris Agreement. This encompasses a comprehensive accounting framework designed to prevent double counting, enhance transparency, and foster sustainable development that adheres to the guidance adopted by the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA). The UAE’s National Arrangement of Carbon Market and institutional setup align seamlessly with the mandates and requirements of Article 6 of the Paris Agreement. This alignment is achieved through active engagement with relevant governmental entities and stakeholders. MOCCAE is the primary entity responsible for the implementation of carbon markets tools in the UAE. This involves close coordination with pertinent stakeholders to ensure the effective execution of these markets. MOCCAE aims to operationalize a national carbon registry platform, which will manage and report transactions involving national credits and ITMOs under the cooperative approaches outlined in Article 6 of the Paris Agreement. This platform will play a pivotal role in tracking and verifying carbon credits. To further enhance transparency and accuracy, the national carbon registry will be integrated with the MRV system once it is established, to manage and report ITMO transactions as part of the cooperative approaches specified in Article 6. UAE's approach will comply with UNFCCC Decision 18/CMA.1 paragraph 77(d), ensuring that all transactions are transparent, and verifiable. Furthermore, the UAE will incorporate any additional guidance agreed upon and adopted by the CMA to ensure the robustness, integrity and credibility of voluntary cooperation. In addition to market mechanisms, the UAE also advocates for non-market approaches under Article 6, paragraph 8 of the Paris Agreement. MOCCAE is spearheading efforts to implement these approaches, which aim to facilitate climate action through international cooperation with the focus on sustainable 42 development and poverty eradication, underscoring the UAE’s holistic approach to addressing climate change.