• | 12:30 pm

DEWA to host global summit to discuss the transition toward a green economy

Global experts will share strategies and policies for a green future and highlight the achievements of climate-neutral initiatives

DEWA to host global summit to discuss the transition toward a green economy
[Source photo: Anvita Gupta/Fast Company Middle East]

The UAE plans to achieve net-zero status by 2050 through a strategy that includes investing in clean energy while managing emissions simultaneously. The country has also laid down sustainable building standards to cut emissions by 30% and lead to savings worth $2.7 billion by 2030.

Dubai’s water and power authority (DEWA) is set to host the World Green Economy Summit (WGES) to highlight the transition toward clean energy. It will be held in September, alongside the 24th Water, Energy, Technology and Environment Exhibition (WETEX) and the Dubai Solar Show. Global experts are expected to attend the summit, including heads of state, speakers, media representatives, government officials, experts, and academics.

The WGES represents the UAE’s commitment to increasing global and regional cooperation to achieve climate neutrality and speed up the transition toward a green economy. The event will set the stage for experts to discuss policies and strategies while highlighting the achievements of climate-neutral initiatives. For the evolution of a green economy, the UAE already provides incentives for firms engaged in green manufacturing, uses alternative fuels, and promotes jobs in the renewable energy sector among youth in the country

Dubai is currently building the world’s largest single-site solar park, operated by DEWA, and already has a smelter that produces green aluminum using the Sun’s energy.

Most Innovative Companies comes to the Middle East this October! Click here to know more.

More Top Stories:

FROM OUR PARTNERS