Monday, 25 September 2017 05:59 GMT

img

UAE- Dubai to invest in carbon reduction

(MENAFN - Khaleej Times) The dubai green economy partnership held its second seminar to discuss the role of strategic partnerships in establishing and growing dubai?s own green economy.

established in may 2012 by shaikh hamdan bin mohammed bin rashid al maktoum crown prince of dubai and chairman of dubai executive council the green economy partnership aims to make dubai a global gateway for green investment and trade by accelerating the transition of dubai to a green economy across local regional and international markets.

inspired by the long term national green economy strategy ‘green economy for sustainable development’ launched by his highness shaikh mohammed bin rashid al maktoum vice-president and prime minister of the uae and ruler of dubai in 2012 the green economy partnership aims to develop and facilitate the long-term sustainable and green growth of dubai’s economy; establish dubai’s position in the growing global green economy value chain; and accelerate the adoption of green technologies products and services that are both economically feasible and ecologically viable.

chairman of the green economy partnership waleed salman evp of strategy and business development at dewa said: “the dubai integrated energy strategy 2030 aims to reduce energy consumption by 30 per cent and carbon emissions by over five million tonnes. collaboration such as the discussions in today’s session help bridge knowledge gaps and shape the agenda of future initiatives. for example following our inaugural event in october we established the region’s first world green economy summit the second of which will be held in dubai in april 2015 in association dewa and world climate.”

he added: “dubai’s success in reducing carbon emissions and developing sustainable economic growth will help shape the global climate action agenda that will next meet in paris in 2015.”

as the first multi-stakeholder partnership to promote the transition to a green and low-carbon economy in the middle east the green economy partnership is driven by global public-private partnerships collaboration and cross-sector participation which reflects stakeholders’ leadership and commitment to reduce carbon emissions in all activities from power and water to transportation and built environment.

executive director of tecom investments’ science cluster and founding member of the green economy partnership marwan abdulaziz said: “we are delighted to host the second green leadership series event for the green economy partnership. this event is unique in bringing together industry experts from across the sustainability sector to discuss how to further the uae’s green economy through identification of opportunities analysis of trends and private sector participation in shaping future policies.”

— business?khaleejtimes.com


UAE- Dubai to invest in carbon reduction

More Stories

Newsletter