UAE Joins Global Alliance on Green Economy

  • Date: 14-Nov-2022
  • Source: Asharq AL-awsat
  • Sector:Financial Services
  • Country:UAE
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UAE Joins Global Alliance on Green Economy

The UAE cabinet approved the country's joining to the Global Alliance on Green Economy, led by the World Green Economy Organization, which aims to launch programs and initiatives, create sustainable funding, and establish partnerships among developing countries to ensure an effective transition.

Emirates News Agency (WAM) reported that joining the Alliance would support the UAE's preparations to host the 28th session of the Conference of the Parties (COP 28).

Vice President, Prime Minister, and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum chaired the UAE Cabinet meeting at Qasr al-Watan Abu Dhabi.

The Prime Minister said: "We approved the joining of the UAE to the Global Alliance for Green Economy, which aims to consolidate the global transformation towards a more sustainable economy to preserve the environment in preparation for the UAE to host the COP28 next year. We wish Egypt all success in the current session."

The cabinet approved the convening of the UAE Government Annual Meetings on November 22nd in Abu Dhabi.

The meetings will be attended by 500 senior federal and local officials, aiming to review performance during the previous year, and agree on the most critical development projects at the national level for the following year.

Sheikh Mohammed said that the cabinet