Global Alliance on Green Economy floated at WGES
Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE) and Honorary President of the Emirates Energy Award (E ea ), inaugurated the 8 th edition of the world green Economy Summit (WGES) on Wednesday.
The two-day event is organised by Dubai Electricity and Water Authority (DEWA), the World Green Economy Organisation (WGEO), and the DSCE at the Dubai World Trade Centre. A large number of ministers, officials, and experts from around the world are taking part in the summit. The WGES saw the launch of the ‘Global Alliance on Green Economy.’
The ‘Global Alliance on Green Economy’ aims to build a coalition of countries, prioritising a green economy in the context of climate action and sustainable development, to enhance the capacity of developing countries, provide support for their green economy transition projects and exchange knowledge on implementation.
The launch was announced bySae ed Mo hammedalt ayer, chairman of the world green economy
Alliance, launched at World Green Economy Summit, aims to build a coalition of countries, prioritising a green economy in the context of climate action and sustainable development.
Organisation, and MD and CEO of Dubai Electricity and Water Authority (DEWA), during a ministerial roundtable on green economy on the opening day of the Summit, which is held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. Around 25 ministers and officials from around the world were present.
The Ministerial Roundtable on Green Economy was atended by Bhupender Yadav, Minister of Environment, Forest, and Climate Change, India; Hussein Makhlouf, Minister of Local Administration and Environment, Syria; Naseer Ahamed, Minister of Environment, Sri Lanka; Dr. Mona Ali Mohammed Ahmed, Higher Council for Environment and Natural Resources (HCENR), Sudan; Kavydass Ramano, Minister of Environment, Solid Waste Management and climate change, mauritius; adam oh ir si, minister of Environment and Climate Change, Somalia; and a number of senior officials from across the world.
During the meeting, Al Tayer commended the commitment of the participating countries and their efforts towards the global transition to a green economy that ensures sustainable development, resilience to climate change, and poverty eradication. He noted that this roundtable, like many others during the World Green Economy Summit, aims to foster a green way of living by ensuring a healthy balance between economic growth, social prosperity, and environmental protection.
He said they should be commited to a transition to a global green economy based on collective will, partnerships and swit action. “For us in the UAE, pioneering the adoption of green economy principles and practices within sustainable development, resilience to climate change, and poverty eradication are paramount. We have embarked on a journey to be a global hub and effective example of a new green economy that can achieve economic sustainability while protecting the environment for future generations. This vision of the UAE’S wise leadership can be seen in our national policies,” said Al Tayer.
“Advancing the green economy requires international cooperation, guaranteeing a new approach and a stable partnership among all stakeholders globally. Linking the Paris Agreement goals and its corresponding articles, as well as the 2030 Agenda for Sustainable Development with climate planning and climate finance, are key synergies in this transition. We truly believe this harmonisation to be essential in the lead-up to COP27 and COP28 in Egypt and the UAE, respectively,” he added.
“We are not only launching the UAE Global Alliance on Green Economy today, but we are creating a stronger partnership among ourselves to work towards a vision to which we already agreed by commiting ourselves to achieving the SDGS and the Paris Agreement goals. This Global Alliance is not the outcome but the first milestone toward important work ahead.
“We will now be engaging with countries to identify their needs, priorities, and challenges in the context of the green economy, during the next three months. this multi-stakeholder exercise and inclusive consultation with countries will lead to the launch of a suite of flagship projects by WGEO to support the green economy agenda in the countries joining the Alliance. The work under the Alliance will address pressing issues such as food security and carbon markets and how cooperation can be increased at the south-south and north-south levels ,” said alt ayer.