Masdar unit and UN develop energy
Scheme to monitor and reduce emissions of Abu Dhabi buildings management framework Conferences and live demonstrations to be held alongside 2011 show A new framework has been developed by Masdar Carbon to identify energy efficiency in buildings in Abu Dhabi. One of five integrated Masdar units, Masdar Carbon pioneered the methodology to aid organisations in […]
- Scheme to monitor and reduce emissions of Abu Dhabi buildings management framework Conferences and live demonstrations to be held alongside 2011 show
A new framework has been developed by Masdar Carbon to identify energy efficiency in buildings in Abu Dhabi.
One of five integrated Masdar units, Masdar Carbon pioneered the methodology to aid organisations in the monitoring and reduction of emissions from large buildings.
Organisations can also claim carbon credits under the Clean Developments Mechanism (CDM) process, a first for the construction industry in Abu Dhabi.
The framework has been adopted by the United Nations Framework Convention on Climate Change (UNFCCC).
“According to industry statistics, the construction sector is responsible for around 40% for global greenhouse gas (GHG) emissions,” said Bader Saeed Al Lamki, associate director, Masdar Carbon.
“However, lack of an appropriate large scale methodology has so far failed to incentivise energy efficiency measures in this sector. Now, Masdar Carbon’s new methodology will enable removal of such barriers for implementation of energy efficient projects in this sector.”
According to Masdar, developers worldwide can utilise the methodology and use the sale of carbon credits as a new revenue stream, which will in turn help promote green building initiatives.
The framework has been in development since 2009, with Masdar Carbon working closely with UNFCCC and also appointing the German emissions traders Perspective GmbH.
“As a Masdar unit mandated to realising profits from a portfolio of carbon credits, Masdar Carbon will continue exploring innovative methodologies that will positively impact the CDM and carbon capture and storage (CCS) projects,” added Al Lamki.
