Tag Archive | "dubai carbon"

Dubai carbon reduction – a $10bn opportunity

Dubai carbon reduction initiatives across renewable energy generation, smart grid and buildings’ energy efficiency, will spur government spending and private investment of over $10 billion in the coming years, according to Waleed Salman, Chairman of Dubai Green Economy Partnership.

Salman made his comments at the inaugural Green Leadership and Stakeholders’ Dialogue series, an initiative of the Dubai Green Economy Partnership.

Salman said: “Dubai sets a regional and global example for sustainable economic growth and tangible reductions in carbon emissions thanks to the Dubai Integrated Energy Strategy 2030, which aims to reduce energy consumption by 30% and reducing carbon emissions by over 5 million tonnes.”

Fahad Al Gergawi, Secretary General of Dubai Green Economy Partnership, and CEO of Dubai FDI in the Department of Economic Development in Dubai, presented Dubai Green Economy Partnership 2015 global agenda. He provided insight into how Dubai is forging global partnerships to establish its position as a gateway for regional and global green trade and investments.

The session was moderated by Ivano Iannelli, CEO of Dubai Carbon, and included an overview of Dubai’s enabling ecosystem which helps to accelerate the adoption of green technologies, products and services across the region by Marwan Abdulaziz, Executive Director of TECOM Sciences Cluster.

Stephane Le Gentil, CEO of Etihad Energy Services, a Dubai Electricity and Water Authority (DEWA) venture established this year to support the creation of a viable building energy efficiency services market, shared some eye opening remarks about the business prospects for energy services companies (ESCOs).
She said: “The Dubai ESCOs market will provide new business opportunities for joint ventures, international partnerships as well as engage UAE national entrepreneurs. This will be possible through a diversified supply chain from financial institutions, technology providers and equipment manufacturers to service providers across the project development, management and reporting stages.”

 

 

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Dubai launches its first State of Energy Report 2014

The Dubai Supreme Council of Energy, in partnership with the United Nations Development Programme (UNDP) and the Dubai Carbon Centre of Excellence (DCCE) has unveiled the first edition of the State of the Energy Report. Supporting the Green Economy for Sustainable Development initiative launched by HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the UAE Vision 2021, the report aims to build a collaborative platform to enable a knowledge economy to spur growth of both green and sustainable development.

This publication was unveiled yesterday for the World Energy Day falling on October 22.

HH Sheikh Ahmed Bin Saeed Al Maktoum, inaugurated the report on the occasion of the EXPO 2020 Theme Symposium, which is a major milestone in the bid to host the World Expo 2020 in Dubai.

“We are pleased to launch the first edition of the State of Energy Report 2014, which describes our way forward to build a green future for generations to come. First and foremost, this report is a reference for all the necessary knowledge and best practices for the energy sector. It provides the basis for a knowledge economy, which will be one of the main factors for the successful achievement of the vision of our wise leadership to transform Dubai into a Smart City,” said HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Supreme Council of Energy.

By encouraging green investment and green growth, the UAE is becoming a leading green and sustainable economy in the region and the world.

Posted in Energy and water, Environmental, NewsComments (0)

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