Despite 70% of carbon emissions in the Middle East and North Africa now being included in net-zero pledges, many businesses still lack clear guidelines to successfully meet climate goals, a new report has warned. It added that MENA businesses often encounter significant challenges due to the lack of clear guidelines and best practice on reporting that are tailored to the region’s unique context. “The proactive adoption of sustainability practices, supported by clear regulatory frameworks and incentives, is essential for the region to navigate this complex landscape successfully," he added. The report suggested ways to help MENA companies align their practices with global sustainability standards, address specific regional challenges and strengthen resilience. These commitments will help OCP achieve carbon neutrality in operations and energy sources (scope 1 and scope 2) by 2030.

Source: The North Africa Journal November 08, 2024 08:53 UTC