Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, His Excellency Saeed Mohammed Al Tayer, today hosted a press conference to announce the agenda and speakers for the third World Green Economy Summit, which is taking place from 5th to 6th October at Dubai International Convention and Exhibitions Centre. The summit, operating under the new banner theme of “Driving Global Green Economy”, will focus on how to drive, create and sustain a Global Green Economy whilst outlining and positioning the UAE’s vision for its own green agenda going forward.
WGES 2016, hosted by DEWA, under the umbrella of the Dubai Supreme Council of Energy, in collaboration with World Climate Ltd, international partners is supported by the United Nations. The Summit runs in conjunction with 18th session of Water, Energy & Environment Exhibition (WETEX) and Dubai Solar Show 2016.
WGES 2016, hosted by DEWA, under the umbrella of the Dubai Supreme Council of Energy, in collaboration with World Climate Ltd, international partners is supported by the United Nations. The Summit runs in conjunction with 8th session of Water, Energy & Environment Exhibition (WETEX) and Dubai Solar Show 2016.
The press conference was attended by H.E. Thani Al Zeyoudi, UAE Minister of Climate Change and Environment, HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, MD and CEO of Dubai Water and Electricity Authority and Chairman of World Green Economy Summit;; Adnan Amin, Director-General of the International Renewable Energy Agency (IRENA), HE Ahmed Butti Al Muhairbi, Secretary General of the Dubai Supreme Council of Energy (DSCE), Mr. Frode Mauring, United Nations Resident Representative in the UAE (covering Qatar and Oman), HE Saif Humaid Al Falasi, Chief Executive Officer-ENOC Group, HE Eng. Essa Al Maidoor Deputy Director General Of Dubai Municipality (DM), Eng. Waleed Salman, Vice Chairman of the Organizing Committee of the Summit and EVP – Strategy & Business Development at DEWA, Dr. Yousef Ibrahim Al Akraf, Chairman of logistics committee - WGES and EVP Business Support & HR, and Jens Nielsen, CEO of World Climate Ltd, and a number of senior officials from ministries and government departments in UAE.
In his speech during the conference, HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy said: “Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the World Green Economy Summit 2016 is held under a new theme “Driving Global Green Economy”. WGES 2016 aims to support the UAE Vision 2021 and further the National Agenda to promote sustainable development. This year’s program will focus on how to further the Global Green Economy agenda whilst outlining and positioning the UAE’s vision and Dubai Plan 2021. The Summit aims to support Dubai’s ambitions in the Green Economy sector and drive the Clean Energy Strategy 2050.
The summit aims to support the ambitions and objectives of UAE Vision 2021 and further the National Agenda to promote sustainable development, and Dubai Plan 2021 aiming to achieve a healthy and sustainable clean environment, and Clean Energy Strategy 2050 launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai last year. The Clean Energy Strategy 2050 aims to provide 7% of Dubai’s energy from solar sources by 2020, 25% by 2030 and 75% from clean energy by 2050, and seeks to make Dubai the city with the lowest carbon footprint in the world by 2050 and a global centre for clean energy and energy conservation.”
The UAE is taking major strides to drive the low-carbon green economy with the support of its vision and wise leadership, which is in line with global trends and efforts. The historic agreement to combat climate change which was reached at the 2015 Paris Climate Conference was a clear example of global determination and dedication. Last year, for the first time in over 20 years of UN negotiations, all 195 members reached a legally binding and universal agreement on climate change, with the aim of keeping global warming below 2°C.”
All reports issued by United Nations indicate that the main benefits of doubling today’s share of renewable energy is to keep the increase in global average temperature well below 2°C above pre-industrial levels; while avoiding up to 12 gigatons of CO2, creating more than 24 million jobs, saving 4 million lives a year and boosting global GDP up to US$1.3 trillion.”
Locally, we are working to achieve the objectives of the UAE’s Green Growth Strategy launched in January 2015. Yearly public investments reaching 2.4% of total GDP in technology and enhancing green efficiency in all economic activities will help increase the rate of economic growth by 4- 4.5% by 2030.”
Al Tayer added: International reports by the UN indicate that doubling today’s share of renewable energy in the global energy mix by 2030 could save $2.4 trillion yearly, which exceeds total costs 15 times. The United Nations environment program expects the size of the global market for products and services to have doubled to $2.74 by the end of 2020.
The success achieved by the previous instalments of WGES in terms of developments and turnout has made us more determined than ever to achieve our aim in positioning Dubai as a global capital for the green economy. In addition, the Summit provides an ideal platform for bringing senior experts and professionals in the green economy together to strengthen PPP and develop green initiatives, not only for Dubai but for the whole world.
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