Pushing the Green Agenda in the Region

Private sector leads the Region's Green Agenda

Dubai, United Arab Emirates: Dubai Carbon Centre of Excellence (DCCE), established under the guidance of the Dubai Supreme Council of Energy (DSCE), and global energy player ENGIE signed a Memorandum of Understanding (MoU). The MoU was signed by Sebastien Arbola, CEO of ENGIE Middle East, South & Central Asia and Turkey, and Ivano Iannelli, CEO of Dubai Carbon.

The partnership will permit to explore opportunities to implement renewable energy and energy efficiency solutions in Dubai and the region. It will also enable joint projects in the field of sustainability, environment, climate change and social responsibility. DCCE and ENGIE will work together on the development of Green Certificates and a Carbon Market, including the DCCE’s project on International Renewable Energy Certificates (IRECs). DCCE will facilitate IRECs, a market based instrument that is issued when one megawatt hour (MWh) of electricity is generated and delivered to the electricity grid from a renewable energy source.

“It is an honour for us to be associated with Dubai Carbon. Dubai Carbon has a wealth of invaluable data and on-ground experience in successfully implementing sustainability models for the Emirate of Dubai. Together as a team, we aim at promoting greater environmental efficiency and improved economic performance on carbon reductions,” said Sebastien Arbola, CEO of ENGIE Middle East, South & Central Asia and Turkey.

Together, DCCE and ENGIE will enableaccess to a range of tried and tested technologies in energy performance management, industrial maintenance,data management, green mobility, whilst offering the chance to tap into ENGIE’s internationalexpertise and experience. They will also jointly organise Innovation Platforms and periodic stakeholder roundtables, topromote sustainability and green economy solutions, as well as innovative strategies for resource efficiency and carbon emission reductions &offsetting.

“The core objective of the partnership is to act as a catalyst to share knowledge, introduce leading solutions and build a better sustainable future for Dubai and the UAE. We look forward to joining efforts to build a more sustainable future and support the government of Dubai in the transformation towards a green economy and smart city,” said Ivano Iannelli.

With an ultimate goal to support sustainable development for the present and future generations in the UAE, the partnership between Dubai Carbon and ENGIE aligns with the government’s all-encompassing renewable energy programmes and drives the country closer to its goals of UAE Vision 2021.

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About ENGIE

Global energy leader ENGIE is committed to take on the major challenges of the energy revolution towards a decarbonized, decentralized and digitalized world. The Group aims at becoming the leader of this new energy world by focusing on three key activities: low carbon generation, in particular from natural gas and renewable energies; energy infrastructure; and transformational energy services adapted to its clients’ needs.  ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial and non-financial indices.

In the GCC, ENGIE is the leading independent power & water producer with 30 GW power production and 5.5. million m3/day potable water production to support the regional economies. The Group produces 1 million refrigeration tons per year in the Middle East via Tabreed, in which it has a 40% stake. It is the GCC’s leading Facility Management provider via Cofely-Besix. From its regional HQ in Dubai, ENGIE will continue to develop its three key activities in a geographical scope that includes the Middle East, South & Central Asia and Turkey.

© Press Release 2017