Middle East Economic Survey


No 26


Abu Dhabis Green Plans Hit Obstacles

Abu Dhabis ambition to become a global leader in green technology and renewable energy under its Masdar initiative has been checked by a financial crisis, lack of policy coordination and uncertainty about UN carbon credits.

Launched in 2006, Masdar, owned by state conglomerate Mubadala, has unveiled or invested in many projects worldwide and in Abu Dhabi itself, including: the worlds largest wind farm in...