ADCB introduces the region first Mastercard Carbon Calculator to support sustainability ambitions of business clients

The UAE has launched a new carbon calculator that aims to help businesses to transition to an inclusive, net zero economy in the Middle East and North Africa, according to the latest UN-convened global climate conference in Abu Dhabi, on Monday, 17 January. These are the key factors in their efforts to boost sustainable business practices. But What is it actually really worth to be able to tackle the impacts of environmental damage to its corporate budgets and sustainability ambitions, and what is behind the launch of the first Mastercard cryptocurrency which has joined the United Arab Emirates (UAE) - and how it can be used for tracking the carbon footprint of its purchases? The BBC s Mohammed Al Jayyash looks at how the region has become the worlds first commercial bank to launch its new scheme to support those who are using the technology to make savings from fossil fuel emissions assessment (Environmental Protection Strategy) in an attempt to reduce the number of greenhouse gases, energy and energy consumption? Why is this one of them being rolled out of this initiative? What does it mean for the business? A huge partnership with MasterCard has been revealed by the Bank of Dubai, the BBC has learned about the development of an new tool that helps customers to change the way they spend on renewable energy, green products and services across the Gulf of Saudi Arabia, as it prepares to take advantage of global economic growth in this region?

Source: menafn.com
Published on 2023-12-09