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Forest Restoration
Mangrove Tree Planting
Contacts: ADNOC (Abu Dhabi National Oil Company)
In 2023, the company planted 2.5 million mangrove trees, which, according to its website, can absorb five times more carbon dioxide than other tree species. By 2030, the company plans to plant approximately 10 million trees. Additionally, the company is engaged in creating artificial coral reefs.
Cases and effects:
ADNOC (Abu Dhabi National Oil Company) is the national oil and gas company of the United Arab Emirates, founded in 1971. While primarily known for its operations in the oil and gas sector, ADNOC also has a banking structure, ADNOC Bank, which provides financial services within its ecosystem.
