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 in which the total greenhouse gas (GHG) emissions produced by human activity are balanced by an equivalent quantity removed from the atmosphere, yielding no net addition of warming gases. Achieving net zero requires a combination of emissions reduction measures (transitioning from fossil fuels, improving energy efficiency, electrifying transport) and carbon removal approaches (natural carbon sinks such as forests and oceans, or engineered solutions such as carbon capture and direct air capture). The concept is central to the Paris Agreement’s goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.

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 emissions target. The initiative is backed by a planned investment of AED 600 billion (approximately USD 163 billion) in clean and renewable energy. The strategy covers power generation, industry, transport, buildings, and waste management. As host of COP28 in 2023, the UAE reinforced its climate commitments on the global stage. Key pathways include renewable energy expansion, nuclear power via the Barakah plant, green hydrogen production, and large-scale carbon capture.

Key Facts

MetricDetail
Target year2050
AnnouncementOctober 2021 (first in MENA)
Planned investmentAED 600 billion in clean energy
Interim target19% emissions reduction below BAU by 2030
Clean energy capacity5.6 GW deployed (nuclear and solar)
Key pathwaysRenewables, nuclear, green hydrogen, CCUS, efficiency

Vision 2031 Relevance

The net-zero commitment represents the UAE’s most significant long-term economic transformation pledge. It signals to international investors, trading partners, and multilateral institutions that the UAE is positioning for a decarbonized future. Net zero directly informs industrial policy, energy regulation, building codes, and transport planning across all seven emirates, while the 2031 interim milestones ensure near-term accountability within the broader 2050 framework.