Abu Dhabi (Al Ittihad)
Abu Dhabi Sustainability Week, held from 14th to 19th January under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Protector of State, attracted around 36,000 participants from 170 countries, including 13 heads of state. and prime ministers and more than 600 international speakers.
Event participants expressed a clear commitment to continue climate action efforts at this stage ahead of the convening of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), which will be hosted by the UAE. in the United Arab Emirates. this year.
Abu Dhabi Sustainability Week 2023, held under the theme “Together to advance climate action ahead of COP28”, is the first global meeting on sustainability to be held during this important year.
Zayed Sustainability Award
At the opening ceremony, 10 Zayed Sustainability Prize winners from 5 continents were honored for their achievements and efforts in developing sustainable innovations applicable to scale.
Highlights of the six-day week included the 13th session of the General Assembly of the International Renewable Energy Agency (IRENA) and the seventh session of the Atlantic Council’s Global Energy Forum.
The Abu Dhabi Sustainability Week Summit also brought together sustainability policymakers and opinion leaders from around the world to discuss ways to use innovation to achieve climate neutrality.
The week’s agenda included the first ever Green Hydrogen Summit organized by the Masdar Green Hydrogen Department.
On the other hand, during Abu Dhabi Sustainability Week, Masdar announced a series of projects and international agreements aimed at achieving the goal of increasing clean energy generation capacity to 100 gigawatts by 2030. And that included renewable energy projects. with three African countries, with a combined capacity of 5 gigawatts, under the umbrella of the “Union 7” program sponsored by the United Arab Emirates.
Masdar announced an agreement with the Ministry of Energy of Kyrgyzstan to develop renewable energy projects with a capacity of 1 gigawatt, an agreement with the Investment and Development Fund of Kazakhstan to develop a wind farm of 1 gigawatt and an agreement with the National of Azerbaijan Oil. Sokar) to develop energy projects. 4 GW of renewable capacity.
It was also announced that US$20 billion will be allocated as a first phase to finance clean and renewable energy projects under the UAE-US Strategic Partnership. USA for Clean Energy Investments (PACE). Masdar and a group of US private sector investors. The sector will lead the development of 15 GW of projects in the United States by 2035.
Inclusion of young people and women.
Abu Dhabi Sustainability Week also provided a platform to engage and empower youth and women in sustainability in preparation for the COP28 conference, where the Youth Center for Sustainability attracted over 3,000 participants, including leaders, experts, entrepreneurs and young people, to discuss ways. Strengthen youth participation in climate action.
The Women’s Platform for Sustainability, Environment and Renewable Energy’s annual forum hosted influential figures from around the world to discuss ways to empower women to lead climate adaptation efforts.
At the end of the week’s activities, the Abu Dhabi Global Market hosted the fifth edition of the Abu Dhabi Sustainable Finance Forum, where the forum, which returned to physical format this year, had 50 participants, including international investors and government leaders. , and representatives of regulatory agencies and financial institutions.
Source: Al Ittihad
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