Eventus Alternatives Works with Corporates to Help Reduce UAE's Huge Carbon Footprint

Online, June 21, 2013 (Newswire.com) - Eventus Alternatives are working closely with large corporations and SME's across the UAE to help reduce their carbon footprint by 2015. Alongside a carbon reduction strategy, Eventus work with businesses and raise awareness of CSR within the workplace and how CSR can benefit businesses' 'green' image whilst adding to their bottom line.

The Middle East is highly susceptible to climate change as a result of its water scarcity, high dependence on climate-sensitive agriculture, concentration of population and economic activity in urban coastal zones, and the presence of conflict-affected areas. Moreover, the region is one of the biggest contributors to greenhouse gas emissions on account of its thriving oil and gas industry.

The world's dependence on Middle Eastern energy resources has caused the region to have one of the largest carbon footprints per capita worldwide. Not surprisingly, the UAE alone is accountable for emitting approximately 55 tons of carbon per capita. This is over 50% more than the United States per capita footprint, which is 22 tons per year.

The MENA region is now gearing up to meet the challenge of global warming, as with the rapid growth of the carbon market. During the last few years, many MENA countries, like UAE, Qatar, Egypt and Saudi Arabia have unveiled a multi-billion dollar carbon position in the cleantech sector to portray a 'green' image.

There is an urgent need to foster ambitious sustainable energy program whilst others, diversify energy sources, and implement energy efficiency measures. The clean development mechanism (CDM), under the Kyoto Protocol, is one of the most important tools to support renewable energy and energy efficiency initiatives in the MENA countries. Some MENA countries have already launched ambitious sustainable energy programs while others are beginning to recognise the need to adopt improved standards of energy efficiency.

To find out more about how your business can reduce it's carbon footprint through offsetting carbon credits, visit http://www.eventusalternatives.com