UAE GDP: AED 2.03T ▲ 5.7% | Non-Oil GDP Share: 84.3% ▼ -5.2pp | FDI Inflows: $45.6B ▲ 48.7% | GDP Growth: 4.0% ▲ -0.3pp vs 2023 | Inflation: 1.7% ▼ +0.0pp vs 2023 | Female Participation: 55.1% ▲ +0.6pp vs 2023 | Population: 11.0M ▲ 4.8% | Emiratisation Rate: 12.5% ▲ 2.1pp | Global Competitiveness: #7 ▲ 3 places | Clean Energy Capacity: 7.2 GW ▲ 18.4% | ADX Index: 9,842 ▲ 4.7% | DFM Index: 4,621 ▲ 6.2% | UAE GDP: AED 2.03T ▲ 5.7% | Non-Oil GDP Share: 84.3% ▼ -5.2pp | FDI Inflows: $45.6B ▲ 48.7% | GDP Growth: 4.0% ▲ -0.3pp vs 2023 | Inflation: 1.7% ▼ +0.0pp vs 2023 | Female Participation: 55.1% ▲ +0.6pp vs 2023 | Population: 11.0M ▲ 4.8% | Emiratisation Rate: 12.5% ▲ 2.1pp | Global Competitiveness: #7 ▲ 3 places | Clean Energy Capacity: 7.2 GW ▲ 18.4% | ADX Index: 9,842 ▲ 4.7% | DFM Index: 4,621 ▲ 6.2% |

Definition

Net Zero refers to the state where greenhouse gas emissions produced are balanced by an equivalent amount removed from the atmosphere, resulting in no net addition of carbon dioxide or other warming gases. Achieving net zero requires a combination of emissions reduction (transitioning away from fossil fuels, improving energy efficiency) and carbon removal (through natural sinks like forests or technological solutions like carbon capture and storage). Net Zero 2050 denotes a target year of 2050 for reaching this balance.

UAE Context

The UAE announced its Net Zero 2050 Strategic Initiative in October 2021, becoming the first country in the Middle East and North Africa to commit to a national net-zero target. The initiative was launched by His Highness Sheikh Mohammed bin Zayed Al Nahyan and is backed by a planned investment of AED 600 billion (approximately USD 163 billion) in clean and renewable energy through 2050. The strategy covers all sectors of the economy — power generation, industry, transport, buildings, and waste — and is coordinated by the Ministry of Climate Change and Environment alongside the Office of the Special Envoy for Climate Change.

Key Data

The UAE aims to reduce emissions by 19 percent below business-as-usual by 2030 as an interim target under its updated Nationally Determined Contribution (NDC). The country has deployed 5.6 GW of clean energy capacity including the Barakah nuclear power plant and several large-scale solar installations. The strategy identifies green hydrogen, carbon capture, and nature-based solutions as critical pathways alongside renewable energy expansion.

Vision 2031 Significance

Net Zero 2050 represents the UAE’s most significant long-term commitment to economic transformation beyond hydrocarbons. It signals to international investors, trading partners, and multilateral institutions that the UAE is positioning its economy for a decarbonised future. The initiative directly informs industrial policy, energy regulation, building codes, and transport planning across all seven emirates.

  • Green Hydrogen — A key decarbonisation technology in the UAE’s net-zero pathway.
  • Carbon Capture — Technology for removing CO2 from industrial processes and the atmosphere.
  • COP28 — The UN climate summit hosted by the UAE in 2023, reinforcing its climate commitments.
  • Barakah Nuclear Plant — The UAE’s zero-emission baseload power source.