World Green Economy Summit opens in Dubai

Current Affairs

  • The 8th edition of the World Green Economy Summit began on September 28. The global summit was inaugurated by Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy.
  • The 8th Summit focuses on four key pillars of the green economy: Energy, Finance, Food Security, and Youth.
  • This Summit was organised by the Dubai Electricity & Water Authority, Dubai Supreme Council of Energy and World Green Economy Organization in cooperation with WETEX.
  • The World Green Economy Summit, aims to propel action to deliver a sustainable future. Convened in the lead-up to COP27 in Egypt and COP28 at Dubai Expo City, the Summit will provide a platform to build consensus around the potential of technologies, policies and youth as engines of a green economy transformation.
  • It also supports the UAE’s efforts to achieve the United Nations Sustainable Development Goals 2030 (SDGs), the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power capacity from clean energy sources by 2050.
  • The 8th WGES will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities provided by the green economy.
  • During the Summit, several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers, official dignitaries from government organisations, academia, experts and the media, will discuss promising opportunities and investments for the public and private sectors. These opportunities would enable them to find innovative solutions and financial tools that promote clean and renewable energy projects, sustain growth and drive the global economy towards greater prosperity.

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