Zero Emissions Traders Alliance
Budget
Not declared
EP Access
0
accredited persons
Staff
2
1 FTE
EU Grants
None
Mission & Goals
ZETA is a non-profit organisation based in GCC with a focus on creating a transperant market for liquid low-emission products by facilitating a level playing field between the EU and GCC region. We are dedicated to promoting the development and growth of net-zero and green commodity markets, contributing to the carbon neutrality goals. Our aim is to create regional and global trade scenes for physical energy carriers separated from fossil carbon-related commodities.
EU Legislative Interests
Net Zero Industry Act, EU Green Deal, Renewable Energy Directive, Carbon Border Adjustment Mechanism, Fit for 55 Package, EU Hydrogen and Gas Decarbonisation Package
Communication Activities
1. ZETA has organized five successful educational workshops, attracting key industry leaders. 1st Roundtable, September 13, 2023, Abu Dhabi: "The Concept of a Clean Energy Hub" 2nd ZETA Roundtable, November 27, 2023, Dubai: "Establishment of a Clean Exchange for Green Molecules" 3rd ZETA Roundtable, February 26, 2024, Dubai: "Advancing Climate Neutrality in the Gulf" 4th ZETA Roundtable, April 15, 2024, Abu Dhabi: "Market Prices to Market Places" 5th ZETA Roundtable, December 9, 2024, Abu Dhabi: "The Role of Technology in Fostering Sustainable Trading" Scheduled for 2025: February: "The Role of Technology in Green Certificate Trading" May: "Blockchain and Smart Contracts for Carbon Market Operations" September: "Price Discovery and Transparency in Sustainable Markets" December: "Standard Products and Contracts – Standard for Low Carbon Hydrogen Off-Take Agreement" https://www.zeta-global.org/newsletter 2. Seminars on Carbon Border Adjustment Mechanism (CBAM) June 6, 2024, Turkey: ZETA co-hosted a webinar on "CBAM Indirect Emissions Impact on the Turkish Renewable Energy Market" with the Turkish Energy Trader Association (ETD). November 28, 2024, Egypt: ZETA co-hosted a CBAM seminar in Cairo for Chapter Zero Egypt, focusing on the EU CBAM's potential impact on Egyptian businesses. December 5, 2024, Morocco: ZETA, in collaboration with IRESEN (Research Institute for Solar Energy and New Energies), hosted a webinar on CBAM’s effects on Morocco’s industrial sectors. 3. Working Groups CBAM Working Group: In collaboration with DLA Piper and The International Tracking Standard Foundation (I-REC), ZETA has hosted seminars on CBAM’s impact in Turkey, Egypt, and Morocco. The next seminar will be held for the UAE in the first quarter of 2025. Standardisation Working Group: The first Standardisation Woking Group meeting was held on October 14, 2024, in Vienna, in collaboration with DLA Piper. The session included a detailed review of the Renewable and Low-Carbon Hydrogen Sale and Purchase Agreement, CBAM outlook, risk mitigation strategies, and Power Purchase Agreements (PPAs). With over 50 participants, the group launched efforts to establish standards for low-carbon commodity trading. 4. Industry Conferences and Events World Hydrogen MENA – February 27-29, 2024, Dubai: ZETA held a masterclass led by Dr. Jan Haizmann on CBAM and the European Union Emissions Trading System (EU ETS) and its impact on hydrogen exports. World Utilities Congress (WUC) – September 30, 2024, Abu Dhabi: Dr. Jan Haizmann presented an Innovation Showcase on Clean Energy Hubs in the GCC, highlighting the importance of regional markets and regulatory frameworks for decarbonization. 1st EU-GCC Investment & Finance Green Transition Forum—November 26, 2024, Abu Dhabi: ZETA participated the Forum, with Dr. Haizmann joining discussions on how carbon markets can help finance the green transition in the GCC. ZETA also presented at major conferences including Energy Trading Week (September, UK), Egypt Energy Conference (November, Cairo), Turkish Energy Summit (November, Istanbul), and ADIPEC (November, Abu Dhabi). 5. Press Articles Zawya (July 2024): https://www.zawya.com/en/projects/industry/interview-new-traders-alliance-helping-gulf-countries-launch-clean-commodities-trading-tvq70kmk Oil Price (June 2024): https://oilprice.com/Alternative-Energy/Renewable-Energy/How-Hydrogen-Will-Trade-in-the-Commodity-Markets-of-the-Future.html Khaleej Times (2024): https://www-khaleejtimes-com.cdn.ampproject.org/c/s/www.khaleejtimes.com/business/energy/how-to-get-the-gulfs-green-fuels-and-clean-energy-markets-going?amp=1 Decarbonisation News (April 2024): https://decarbonisationnews.com/2024/04/bringing-green-energy-markets-to-mena-an-interview-with-jan-haizmann/ Oil Price (December 2024): https://oilprice.com/Energy/Energy-General/The-New-Trillion-Dollar-Asset-Class-in-Energy-Markets.html
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
The EU-GCC Cooperation on Green Transition Project, contribution (https://www.eeas.europa.eu/eeas/eu-gcc-cooperation-green-transition-project-building-sustainable-future-together_en) International Renewable Energy Certificates (I-RECS), co-hosting CBAM seminars (https://www.trackingstandard.org/)
Organisation Members
ZETA affiliates as of January 2025 are; ENOWA - NEOM COMPANY (Strategic Partner) ACT COMMODITIES GROUP B.V (Regular Affiliate) SEFE SECURING ENERGY FOR EUROPE GMBH (Regular Affiliate) ---- Answer to the question, “Please explain why the address you declared under heading 2 is in the Netherlands, while your website states that your organization is based in the UAE." ZETA’s website states that we are based in the UAE because our operations and activities are primarily focused on the UAE and the Gulf region, where some of our staff are located. This reflects our dedication to engaging directly with stakeholders and ensuring operational efficiency in the region. However, ZETA is legally structured as a "stichting" (foundation) incorporated in the Netherlands. The Dutch stichting model provides neutrality and independence, as it is a self-contained legal entity without shareholders, making it ideally suited for non-profit advocacy purposes. This structure enables ZETA to maintain an objective and impartial platform for its members, while our operational presence in the UAE allows us to effectively serve regional stakeholders. In summary, while the website highlights the UAE as our operational hub, ZETA’s incorporation in the Netherlands leverages a robust and neutral legal framework that supports our mission both regionally and internationally.
Commissioner Meetings
No recorded meetings with EU commissioners.