Dewa backs Net-zero by 2050 through its initiatives
DUBAI: The UAE has become an international pioneer in developing a clean and renewable energy sector.
It has developed many techniques and practices to enhance the efficiency of the energy sector while preserving national resources and finding alternative solutions to conventional energy. This supports the sustainable development of the country.
The UAE Energy Strategy 2050 was launched in 2017 as the first unified energy strategy in the country that is based on balancing supply and demand with environmental obligations and creating a conducive economic environment for growth.
The strategy keeps pace with the recent dynamic changes in the energy sector, the maturity of emerging low-emission energy technologies, and the country’s commitment to the objectives of the Paris Agreement.
The UAE is taking the lead in climate action by launching ambitious projects to produce environmentally friendly energy.
The UAE aims to reach three times the installed capacity of renewable energy in 2030 compared to 2022. This makes it one of the first countries in the world to respond to the COP28 call of doubling the production capacity of solar energy, providing 100% of the energy production capacity from clean energy sources by 2050.
When launched, the Dubai Clean Energy Strategy 2050 aimed to diversify energy sources in the Emirate. Dubai is the only city in the region to have launched such a promising strategy, with set goals and timelines that map the future of energy until 2050. The strategy has evolved and currently targets to provide 100% of the energy production capacity from clean energy sources by 2050.
In line with its commitment to keeping pace with the government plans and strategies that aim to achieve net-zero by 2050 and the UAE’S efforts to promote circular economy, Dewa updated its strategic plan, adding “achieving net-zero by 2050” to its vision.
Dewa’s new vision is “A globally leading sustainable innovative corporation committed to achieving net-zero by 2050.”