![]() | The examples and perspective in this article may not include all significant viewpoints .(November 2013) |
Company type | Alternative Investments |
---|---|
Industry | Emissions |
Founded | 2009 – ceased trading 4 July 2013 |
Headquarters | Dubai, , |
Area served | GCC, Europe, Africa, and North America |
Key people | Charles Stephenson (Director, Head Office) [1] [2] |
Products | VER, CSR, OTC, SCCC |
Number of employees | 100 (2013) |
Website |
Advanced Global Trading or AGT is an emissions trading and environmental consultancy firm headquartered in Dubai, United Arab Emirates [3] and with offices in Bahrain, Doha, Zurich and Johannesburg. AGT deals in sourcing and trading of Verified Carbon Standard approved emissions trading permits (ETP), and specialised in buying and selling of emissions trading certificates and permits in the over-the-counter markets.
AGT Advanced Global Trading was set up by a group of investors and angel investors in 2009 with headquarters in the Dubai United Arab Emirates; Dubai was chosen for its commercial significance within the MENA region. AGT trades within the UAE and Gulf Cooperation Council regions. It later expanded into consultancy.
In August 2011 the company established a partnership with Equinox Designs to offset the environmental waste created by the exhibition industry. AMEinfo.com estimated the total offset to be over 200,000 tonnes a year [4] in the UAE alone. Lotus F1 also signed Advanced Global Trading as an official partner to reduce their environmental impact. [5] The partnership is represented by the AGT brand, which appears on the Lotus F1 car driven by Kimi Räikkönen and Romain Grosjean. [6]
In December 2012, the company signed an agreement with the cleaning specialist Grako in Dubai, to become the country's first carbon neutral company [7]
AGT initiated a campaign to embed CO2 CSR strategies into the corporate governance frameworks in the Middle East. [8] A partnership program advises corporations to negate environmental damage and to set up a self-regulating mechanism to ensure active compliance. Examples of the program are:
Transport in the United Arab Emirates refers to the various forms of transport in the United Arab Emirates (UAE) by road, rail, air, and water.
The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as its capital. It shares land borders with Oman to the east and northeast, and with Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran, and with Oman in the Gulf of Oman. As of 2024, the UAE has an estimated population of over 10 million, of which 11% are Emiratis; Dubai is its most populous city and is an international hub. Islam is the official religion and Arabic is the official language, while English is the most spoken language and the language of business.
Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. When an entity invests in a carbon offsetting program, it receives carbon credit or offset credit, which account for the net climate benefits that one entity brings to another. After certification by a government or independent certification body, credits can be traded between entities. One carbon credit represents a reduction, avoidance or removal of one metric tonne of carbon dioxide or its carbon dioxide-equivalent (CO2e).
Business action on climate change is a topic which since 2000 includes a range of activities relating to climate change, and to influencing political decisions on climate change-related regulation, such as the Kyoto Protocol. Major multinationals have played and to some extent continue to play a significant role in the politics of climate change, especially in the United States, through lobbying of government and funding of climate change deniers. Business also plays a key role in the mitigation of climate change, through decisions to invest in researching and implementing new energy technologies and energy efficiency measures.
Green trading encompasses all forms of environmental financial trading, including carbon dioxide, sulfur dioxide, nitrogen oxide (ozone), renewable energy credits, and energy efficiency (negawatts). All these emerging and established environmental financial markets have one thing in common, which is making profits in the emerging emissions offset economy by investing in "clean technology".
Aircraft engines produce gases, noise, and particulates from fossil fuel combustion, raising environmental concerns over their global effects and their effects on local air quality. Jet airliners contribute to climate change by emitting carbon dioxide, the best understood greenhouse gas, and, with less scientific understanding, nitrogen oxides, contrails and particulates. Their radiative forcing is estimated at 1.3–1.4 that of CO2 alone, excluding induced cirrus cloud with a very low level of scientific understanding. In 2018, global commercial operations generated 2.4% of all CO2 emissions.
Cinema of the United Arab Emirates began with a number of feature films that were broadcast on national television since the late 1980s.
Norway is a large energy producer, and one of the world's largest exporters of oil. Most of the electricity in the country is produced by hydroelectricity. Norway is one of the leading countries in the electrification of its transport sector, with the largest fleet of electric vehicles per capita in the world.
Carbon pricing is a method for governments to mitigate climate change, in which a monetary cost is applied to greenhouse gas emissions. This is done to encourage polluters to reduce fossil fuel combustion, the main driver of climate change. A carbon price usually takes the form of a carbon tax, or an emissions trading scheme (ETS) that requires firms to purchase allowances to emit. The method is widely agreed to be an efficient policy for reducing greenhouse gas emissions. Carbon pricing seeks to address the economic problem that emissions of CO2 and other greenhouse gases are a negative externality – a detrimental product that is not charged for by any market.
Masdar City is an urban community in Abu Dhabi, the capital of the United Arab Emirates. It was built by Masdar, a subsidiary of the state-owned Mubadala Investment Company, with the majority of seed capital provided by the Government of Abu Dhabi.
Enviromena is a clean energy technology company in Europe. It has installed more than 17,000 solar systems. The company has over 425 MW of solar power plants under operation and a further 200 MW under construction.
Airport Carbon Accreditation is a global carbon management programme for airports that independently assesses and recognises airports' efforts to manage and reduce their CO2 emissions. Aircraft emissions, which are many times greater than airport emissions, are not included in the programme. The airport industry accounts for 5% of the air transport sector’s total carbon emissions.
Energy in the United Arab Emirates describes energy and electricity production, consumption and import in the United Arab Emirates (UAE). The UAE has 7% of global proved oil reserves, about 100 billion barrels. Primary energy usage in 2009 in the UAE was 693 TWh and 151 TWh per million persons.
Dr. Mohammed Shehadeh a civil engineer, is the senior vice president of UNIBETON READY MIX. He is a graduate in Civil Engineering from Florida State University, USA and Doctorate in Engineering by Dalhousie University, Canada. He introduced SCC for the first time in the UAE, and the Green Concrete or low carbon emission concrete in the UAE Market. He also introduced real time rheology which can measure, temperature, slump, equivalent normal pressures at different drum speed, yield of concrete and viscosity without the interference of humans this along with GPS system can be recorded for future analysis saving thousands of cubic meter of concrete which otherwise wasted in carrying out these tests. Implementation of new shotcrete methods to UAE market due to its many significant sustainability advantages on formwork, labour, speed and savings of 33-50% over conventional cast-in-place construction. His hobbies are farming and horse riding.
Unibeton is a building materials company based in Abu Dhabi, United Arab Emirates. Unibeton has annual production capacity of 10 million cubic meters and over 3000 employees. Unibeton has operations in Saudi Arabia, Qatar and India. Unibeton Ready-mix is part of Al Fara’a Group. The group comprises the construction, property and related services. Unibeton Ready Mix is one of the largest manufacturers and distributors of ready-mix concrete in GCC specialized in self-compacting concrete, low-cost, light weight, high strength, lean and insulated, low carbon emission - green concrete.
Environmental issues in the United Arab Emirates (UAE) are caused by the exploitation of natural resources, rapid population growth, and high energy demand. The continuing temperature rise caused by global warming contributes to UAE's water scarcity, drought, rising sea level, and aridity. The UAE has a hot desert climate, which is very vulnerable to the effects of climate change and contributes to worsening water scarcity, quality, and water contamination.
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a carbon offset and carbon reduction scheme to lower CO2 emissions for international flights and curb the aviation impact on climate change. CORSIA uses market-based environmental policy instruments to offset CO2 emissions: aircraft operators have to purchase carbon credits from the carbon market.
Citibank National Association, United Arab Emirates commonly known as Citibank U.A.E., is a franchise subsidiary of Citigroup, a multinational financial services corporation headquartered in New York City, United States. Citi U.A.E. is connected by a network spanning 98 markets across the world. The phone support call center for Citibank U.A.E. retail banking clients is based at Citibank Bahrain.
Global net-zero emissions describe the state where emissions of greenhouse gases due to human activities and removals of these gases are in balance over a given period. It is often called simply net zero. In some cases, emissions refers to emissions of all greenhouse gases, and in others it refers only to emissions of carbon dioxide. To reach net zero targets requires actions to reduce emissions. One example would be by shifting from fossil fuel energy to sustainable energy sources. Organizations often offset their residual emissions by buying carbon credits.
The United Arab Emirates (UAE) faces the impacts of climate change such as water stress, rising sea levels, dust storms, desertification and extreme heat. Climate change threatens the country's water resources, wetland ecosystems, human health, economic stability, and international affairs. The UAE has a hot desert climate and is located on the coast of the Persian Gulf and the Gulf of Oman. Decreasing annual precipitation levels and increased desertification make the country's rural and urban populations vulnerable. Climate change is projected to increase national vulnerabilities in the United Arab Emirates. Sea level rise is expected to impact the UAE's urban infrastructure and marine and wetland ecosystems. The agricultural, fishery, and tourism sectors in the UAE are at risk due to the negative effects of climate change.