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Dubai, June 11 / Since its launch in 2014, the World Green Economy Summit has accompanied the pioneering and pioneering role of the UAE in the world in supporting the green economy system, mobilizing global efforts to enhance climate action and meet the challenges of sustainability.
The summit is considered one of the most prominent global events specialized in the green economy, and it is also a major supporter of the relentless endeavors made by the UAE and the global efforts aimed at adopting innovative green solutions and encouraging innovation to support sustainable development, as well as achieving a balance between economic growth and environmental sustainability and drawing the features of a sustainable future. To transform challenges into opportunities in line with the provisions of the Paris Agreement on climate change, and to achieve the United Nations Sustainable Development Goals for the year 2030.
The summit, which is held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, and is organized by the Dubai Electricity and Water Authority, the World Green Economy Organization, and the Dubai Supreme Council of Energy, annually discusses a package of the most important topics that contribute to Accelerating the process of transformation towards a green economy, including: energy, finance, food security, carbon emissions reduction, youth, innovation, environmental and social practices strategy, corporate governance, new and smart technologies, green economy policies, and other important axes that contribute to promoting the sustainability agenda around the world.
The summit gathers under its roof top thought leaders, government institutions, major companies and leaders of sustainable finance, as well as a group of international experts and specialists in vital sectors from all over the world, to exchange best practices and explore what the green economy and the fair economy are in theory and practice.
His Excellency Saeed Mohammed Al Tayer, Vice Chairman of the Supreme Council of Energy in Dubai and Managing Director and CEO of Dubai Electricity and Water Authority and Chairman of the World Green Economy Organization, said: The World Green Economy Summit works to achieve the forward-looking vision of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him. And His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, to consolidate the position of the UAE as a global role model for the successful country in achieving accelerated, sustainable and environmentally friendly growth. Over the past eight sessions, the summit has been keen to support the transformation of the green economy and carbon neutrality into a reality, by providing a global platform to discuss and adopt policies, plans and initiatives to enhance international cooperation between the participating business leaders and global experts from the public and private sectors.
Al Tayer added that the summit contributes to making Dubai a center for the green economy, achieving the Dubai Clean Energy Strategy 2050 and the Carbon Neutrality Strategy 2050 for the Emirate of Dubai to provide 100% of the energy production capacity from clean energy sources by the year 2050. In the year of sustainability in the UAE, and with preparations to host the country For the twenty-eighth session of the Conference of the States Parties to the United Nations Framework Convention on Climate Change (COP28), we are fully confident that the ninth session of the World Green Economy Summit will contribute to mobilizing local and global efforts in confronting climate change.
In turn, Engineer Walid bin Salman, Vice President of the World Green Economy Organization, said that the World Green Economy Summit is a strategic platform to support international cooperation in facing global challenges, promote sustainable development and investments in the field of green economy, and encourage the adoption of effective policies, plans and initiatives in this regard, in addition to establishing The pillars of close partnerships between all stakeholders at the global level, and the stimulation of a new approach and more efficient work mechanisms. In addition to senior leaders, decision makers, experts and specialists from around the world, the summit is keen to engage young people and enable them to play an effective role in achieving a sustainable future.
For his part, Abdul Rahim Sultan, Director General of the World Green Economy Organization, said that the summit has succeeded over the past years in building bridges of dialogue and communication between stakeholders from all countries of the world, and in playing an active role in accelerating the paths of climate neutrality and maximizing opportunities for achieving sustainable economic and social development, in addition to Encouraging investments in the green economy and advancing the adoption of effective policies, plans and initiatives in this regard, discussing the most important issues related to climate change, global warming and reducing greenhouse gas emissions, aligning energy policies with sustainable development goals, and exchanging views on successful sustainability strategies, systems and policies.
The eighth session of the World Green Economy Summit was held under the theme “Leading Climate Action Through Cooperation: The Roadmap to Achieving Carbon Neutrality”, with the participation of a large number of ministers, experts, decision makers, officials, and representatives of institutions and the academic community from around the world. The eighth Dubai Declaration 2022 stressed the importance of comprehensive partnerships and the need to mobilize resources to support low-emission development initiatives and the transition to a green economy. In addition to empowering youth to bring about positive and effective change, the Eighth Dubai Declaration also praised the UAE government, which has contributed to building a world-leading model that combines economic growth, sustainability and environmental protection.
The summit witnessed the announcement of the “Global Green Economy Alliance” launched by the “World Green Economy Organization”, which aims to promote climate action, food security, development that is able to adapt to climate change, and support efforts aimed at
