Dubai… a driving force for the transition towards a green economy and international cooperation to promote climate action

  • Date: 24-Sep-2022
  • Source: Emirates News Agency
  • Sector:Financial Services
  • Country:UAE
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Dubai… a driving force for the transition towards a green economy and international cooperation to promote climate action

DUBAI, 24th September, 2022 (WAM) -- Dubai is further consolidating its position as a pioneer and leader in transitioning to a green economy to support the efforts of the UAE and the rest of the world in fighting the devastating consequences of climate change.

Following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to pave the way for the city's transformation into a carbon-neutral economy in the next three decades, Dubai, in October 2021, through the Dubai Future Council on Energy, launched an in-depth study that outlined how the Emirate can achieve carbon neutrality (net zero emissions) by 2050.

"The framework for achieving our net zero targets has now been set and will help to strengthen Dubai's position as a leading enabler of green initiatives that will help combat climate change and create a seamless path towards realising our vision of economic prosperity that goes hand in hand with environmental sustainability," said Saeed Mohammed Al Tayer, Chairman of the Dubai Future Council on Energy, MD and CEO of Dubai Electricity and Water Authority (DEWA), and Chairman of the Green Economy Organization (WGEO).

According to Al Tayer, the study