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Carbon Disclosure Project announced as a winner of the Zayed Future Energy Prize

19 January 2012
Carbon Disclosure Project announced as a winner of the Zayed Future Energy Prize

LONDON: The three winners and two runners-up of the esteemed Zayad Future Energy Prize have been announced, with the UK’s Carbon Disclosure Project winning a prize of US$1.5 million for its innovative work towards catalyzing the transition to a low carbon economy.

Winning the Zayed Future Energy Prize’s SME and NGO category alongside the UK’s Carbon Disclosure Project (CDP), was India’s Orb Energy as the first runner-up with a prize of US$1 million, and the US’s Environmental Defense Fund, which won US$500,000 as the second runner-up.

Dr Ashok Gadgil was the winner of US$500,000 for the Lifetime Achievement Award, and Schneider Electric received the Large Corporations award.

The prizes were awarded by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAW Armed Forces, at an awards ceremony held at Emirates Palace in Abu Dhabi. 

His Highness said of the prize: "The Zayed Future Energy Prize has become a beacon of light, stimulating thinkers and creators while encouraging the world to accelerate innovation in renewable energy and sustainability. […]”

He added: "We congratulate the winners of the Zayed Future Energy Prize, and encourage them all to continue in their efforts towards the creation of innovative solutions -- impacting communities around the world. These are the ambassadors of innovation, the ambassadors of our Prize -- these are the people who spread hope and aspiration and encourage the next generation of innovators.”

CDP was awarded for its pioneering climate tools - such as its cap and trade method of tackling acid rain pollution - which are both helping prevent dangerous climate change and drive profitable, low carbon growth.

Paul Dickinson, Executive Chairman, Carbon Disclosure Project, said: "We are delighted and honored to be recognized by the Zayed Future Energy Prize for the work we have done at the Carbon Disclosure Project (CDP). Like the prize itself, CDP is committed to accelerating solutions that will meet the challenges of climate change, energy security and water scarcity. Winning this prize is a huge achievement and will help CDP to more rapidly catalyze change across the global economic system to prevent dangerous climate change, protect our natural resources and create long-term prosperity."

Mark Kenber, CEO, The Climate Group said: "The Carbon Disclosure Project is a worthy winner of the 2012 Zayed Future Energy Prize and The Climate Group would like to congratulate the CDP on this much deserved international recognition. By setting the benchmark for climate reporting by companies around the world, and making the disclosure of climate risks and opportunities standard practice for all responsible businesses, the CDP has enabled firms to identify strategies with which to profit from the coming transition to the low carbon global economy." 

Read more about the Zayed Future Energy Prize

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