A brand-new climate law has officially kicked off in the UAE as of May 30, and it’s making waves for all the right reasons (and a few serious warnings too). The law is about reducing emissions and protecting the environment, but there’s one major thing businesses need to know – if you violate this law, you could face a fine of up to AED 2 million. Yes, you read that right. Up to AED 2,000,000. Keep reading to find out all the important information you need to know.
Also read: Breaking This ONE Law Will Land You UAE’s Biggest Fine
What You Need to Know About the Law
The UAE is now the first country in the MENA region to put in place a full legal framework that focuses on fighting climate change and holding polluters accountable. The new Federal Decree-Law No. (11) of 2024 sets out clear rules for cutting emissions across key sectors. Such as energy, infrastructure, and waste management, while still supporting economic growth. The law includes modern climate solutions like carbon capture technologies and natural carbon sinks, showing the UAE’s commitment to using smart, science-backed tools to tackle the climate crisis.
Tracking Emissions Just Got Real
One of the most important parts of the law is the new Measurement, Reporting, and Verification (MRV) system. This means companies now have to:
- Keep a proper record of their emissions
- Submit to third-party audits
- Use a national online tracking platform
And if they don’t follow these rules? That’s where the big fines come in. Anyone who fails to comply could be looking at penalties starting from AED 500,000, going all the way up to AED 2 million. So whether you’re a small business or a major company, ignoring the law could cost you – BIG time!
One-Year Grace Period To Get It Right
But don’t worry, you have enough breathing time to make things right. The government is giving industries a one-year grace period to adjust and align with the new rules. So now is the time to act. Update your practices, set up proper tracking systems, and make sure you’re ready to fully comply.
Follow The Rules Or Face The Fine
This new law is actually a pretty big deal for the country, the planet, and for anyone living or working in the UAE. So here’s a friendly reminder for all businesses out there – ignoring the law could cost you up to AED 2 million. No matter if you’re a business owner, an investor, or someone involved in environmental planning, now is the time to take climate action seriously!
