Abu Dhabi Hosts Successful Inaugural Carbon Forward Middle East 2025

News
22. 01. 2025

The inaugural Carbon Forward Middle East 2025 event, held on January 16-17 in Abu Dhabi, marked a significant milestone for the region's carbon market discussions. Organized by Carbon Pulse and Redshaw Advisors Ltd, with support from Offset8 Capital, the event attracted nearly 200 delegates, underscoring its importance and relevance. Coinciding with Abu Dhabi Sustainability Week (ADSW), the event provided a robust platform for industry leaders, corporates, investors, and policymakers to engage in meaningful discussions on the latest developments in carbon markets.

The event highlighted several key areas of progress and opportunity. Discussions focused on the advancements in Middle East compliance carbon markets and the potential for trading voluntary carbon credits. Insights from global cap-and-trade models were shared, emphasizing their applicability to the Middle East context. The importance of investing in carbon markets to support project development was a recurring theme, alongside the challenges and strategies for airlines to comply with the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Additionally, discussions delved into the Article 6 Rulebook post COP29, climate finance, carbon removal innovations, and the role of voluntary carbon markets.

The economic and regulatory benefits of carbon pricing were emphasized as crucial for driving net-zero transitions. Additionally, the event examined how regional governments and companies are responding to net-zero targets and carbon border adjustment mechanisms (CBAM). The necessary infrastructure for emerging MENA carbon markets was also discussed, with comparisons drawn to more mature markets.

The success of the event was attributed to the invaluable insights and contributions of the speakers and delegates. The event wrapped up with a strong commitment to continue these important discussions and advance progress in the carbon markets, setting a promising precedent for future engagements in the region.

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