Dubai: The Emirates Environmental Group (EEG) successfully concluded its 5th and final Panel Discussion of the year, focusing on 'The Carbon Reality: Understanding Market, Offset, Capture and Credit.' The event at Dubai Chambers brought together sustainability experts, policymakers, corporate leaders, and students to explore the dynamics of carbon management, addressing challenges and pathways for scalable climate action within the UAE and the broader region.
According to Emirates News Agency, Dr. Habiba Al Mar'ashi opened the event by emphasizing the critical need for global emission reductions, citing the UNFCCC Synthesis Report (2023) which calls for a 43 percent reduction by 2030 to align with the Paris Agreement. She underscored the importance of collective responsibility in tackling carbon challenges, advocating for collaboration across governments, industries, and communities. The address set the tone for the panel, which delved into the scientific, economic, and social aspects of carbon management.
The session also featured an engaging Inter-School Debate Competition, reflecting EEG's dedication to youth involvement in climate literacy. The debate centered on whether carbon offsets are a credible pathway to net zero or merely a climate loophole. 'The Philippine School Abu Dhabi' supported offsets as essential tools for emission reduction, while 'New Indian Model School - Dubai' argued that offsets could hinder deep decarbonization efforts.
The expert panel included influential regional sustainability figures such as Abdelmuti Ahmed Murad from the Ministry of Climate Change and Environment, Dr. Steven Griffiths from the American University of Sharjah, Vijay Bains from Emirates NBD, Carlina Marani from Accenture EMEA, and Samantha Shin, an independent climate finance and policy advisor. The session, led by Dr. Habiba Al Mar'ashi, aimed to advance credible and inclusive climate action by examining the complexities of carbon markets and finance.