UAE Business: Dubai summit to focus on green economy transition – Gulf Digital News

  • Date: 03-Aug-2022
  • Source: Gulf Digital News
  • Sector:Financial Services
  • Country:UAE
  • Who else needs to know?

UAE Business: Dubai summit to focus on green economy transition – Gulf Digital News

The 8th World Green Economy Summit (WGES), to be held in September in Dubai, will focus on accelerating the transition towards a green economy and drive sustainable development.

The Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO) are organising the summit on September 28 and 29 under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said a Wam news agency report.

The WGES, to be held at the Dubai World Trade Centre, will focus on decarbonising energy systems; the environmental, social and corporate governance strategy; mobilising investment for green growth; promoting sustainable transport and mobility networks; future-proofing the built environment; developing innovative technologies to support low-carbon transition; robust and resilient value chains; and engaging the next generation in making net zero a reality.

"The objectives of WGES align with Sheikh Mohammed bin Rashid's directives on the need to balance economic growth and the sustainability of natural and environmental resources. WGES also supports the efforts of the UAE to host the 28th Conference of the Parties by the United Nations Framework Convention on Climate Change (COP28) at the Dubai Expo City in 2023. It also supports the UAE's