UAE – Mubasher: Solutions+, owned by Mubadala Investment Company, has launched the Project Decarb 2.0 initiative aimed at accelerating the decarbonisation journey of SMEs across Abu Dhabi.
This initiative, which is set to commence in 2025, will enable SMEs with access to comprehensive decarbonisation consulting services with subsidies that can cover up to 75% of the associated costs.
It will be backed by Mubadala through its Mubadala Foundation in line with its commitment to responsible investing. In this regard, Solutions+ plans to work with SMEs over the next two years to boost the UAE’s net-zero goals by providing tailored carbon emissions assessments, energy audits, and sustainable procurement services.
Mubadala Foundation seeks to subsidise up to 75% of decarbonisation assessments for Abu Dhabi SMEs, supporting their work toward UAE’s Net Zero by 2050.
Solutions+’ approach was created to make sustainability a financially viable choice, encouraging SMEs to take active steps toward decarbonisation as a competitive and strategic advantage.
Nasir Al Nabhani, Managing Director at Solutions+, commented: “Through this initiative, we aim to accelerate the decarbonization process for SMEs across Abu Dhabi by supporting them by leveraging our experience and knowledge within this domain.”
“At Solutions+, we believe it is critical to support SMEs in the wider Abu Dhabi ecosystem in progressing their sustainability and net zero goals. This not only helps businesses create long-term value but also strengthens the UAE’s position as a leader in climate action,” Al Nabhani mentioned.
Mansour Al Ketbi, Deputy Chief Corporate and Human Capital Officer of Mubadala, said: “At Mubadala, we recognise that building a low-carbon future requires practical, scalable solutions accessible to businesses of all sizes.”
“Through our support for Solutions+, we are helping to accelerate the integration of decarbonisation into SME’s core strategies and the SME ecosystem. This helps to ensure that these companies can unlock the value-creating opportunities linked to sustainability while simultaneously making them and the UAE economy more resilient for the future,” Al Ketbi added.
