Basetwo Set to Showcase AI Platform at COP28 for ADNOC Decarbonization Challenge

Toronto  – November 22, 2023 – Basetwo is thrilled to announce its selection as a finalist for the prestigious $1M ADNOC Decarbonization Challenge, where the company will pitch its groundbreaking technology at the COP28 Green Zone on December 4th in Dubai, UAE.

In a highly competitive field of 650 applicants, Basetwo emerged as the sole AI solution among the 10 finalists chosen by ADNOC. This recognition underscores the immense potential of AI to drive decarbonization for energy companies without significant capital expenditure and infrastructure overhaul.

The ADNOC Decarbonization Challenge, a key initiative within COP28, seeks innovative solutions to support ADNOC's target of reducing emissions by 25% by 2030. Basetwo provides an AI co-pilot that provides engineers and plant operators with recommendations on how to reduce the carbon and economic footprint of their daily decisions when operating critical equipment. When provided with granular feedback at the equipment level, the Basetwo platform ultimately connects engineers with high-level corporate sustainability and economic targets.

On December 4th, Basetwo will pitch its innovative project at the 28th Conference of the Parties (COP28). COP28 is a crucial international event focused on addressing climate change and promoting sustainable practices. Hosted in the United Arab Emirates, COP28 provides a global platform for leaders, innovators, and organizations to collaborate on solutions for a more sustainable future. The Green Zone, where Basetwo will be presenting, serves as a dedicated space for showcasing innovative solutions and initiatives, aligning seamlessly with Basetwo's commitment to driving sustainability in the energy sector.

"We are honored to be selected as a finalist for the ADNOC Decarbonization Challenge and to present our groundbreaking digital solution at COP28 UAE.” says the CEO of Basetwo, Thouheed Abdul Gaffoor. “ This opportunity not only reflects our dedication to innovation but also positions us as a key player in driving decarbonization and sustainability in the energy sector. We look forward to showcasing the impact AI-enabled processes, contributing to a cleaner, greener future."

Basetwo invites media representatives and industry stakeholders to join them at COP28's Green Zone on December 4th to witness the unveiling of their innovative solution.