The National Energy Strategy announced by Sheikh Mohammed bin Rashid Al Maktoum, the UAE's vice president and ruler of Dubai, also includes investments in hydrogen fuel and developing infrastructure for electric vehicles (EV).

The ambitious plan is part of the country's roadmap to achieve net zero emissions by 2050 and comes months before the COP28 climate conference, which will be hosted by the country in November.

“The UAE presents a shining example for adopting policies and strategies that contribute to shaping a more sustainable future at home and globally,” said Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure in a press briefing.

UAE Prime Minister Sheikh Mohammed bin Rashid provided more details of the strategy in a tweet.