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The Ministry of Industry and Advanced Technologies (MoIAT), in partnership with ADNOC and Abu Dhabi Future Energy Company (Masdar), announced that the UAE Climate Technology Conference will be held at the Abu Dhabi Energy Center on 10-11 May.
The forum, which will take place during the UAE Year of Sustainable Development, will drive accelerated efforts to reduce emissions by at least 43 percent by 2030, according to a report by the Intergovernmental Panel on Climate Change (IPCC).
More than 1,000 global decision makers, CEOs, experts, academics, technology leaders, pioneer disruptors and investors will gather at the Forum to foster dialogue and collaboration on disruptive innovations and economic opportunities to accelerate decarbonisation across all sectors.
Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chair-designate of COP28, said: “As stated in the latest IPCC report, the science behind climate change is crystal clear. The race. We have only a small chance of a massive course correction and gear shift, and we must act now to deliver on the four key pillars of climate finance, human capital, policy and technology.
“Meeting the world’s rapidly growing energy needs while substantially reducing emissions is one of the most complex challenges humanity has ever faced. With technological progress at an inflection point, we must act urgently to develop and deploy these innovations to drive low-carbon solutions programs and promote economic development.
To achieve this, we need increased collaboration, and the UAE Climate Technology Conference provides a unique opportunity to convene industry leaders and policymakers to take climate action to transform, decarbonize and future-proof a net-zero world. “
UAE CLIMATE TECH builds on the country’s legacy of climate leadership and practical and advanced climate solutions. The UAE has been a major investor in climate action, supported by ADNOC’s $15 billion grant for low-carbon solutions, new energy and decarbonization technologies. Masdar’s goal is to achieve 100 gigawatts (GW) of renewable energy capacity by 2030.
The UAE Climate Technology Conference, ahead of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), will present technology, innovation and investment opportunities while showcasing a range of technologies including carbon capture, artificial intelligence, robotics, digitalisation, hydrogen Energy, alternative fuels, and new low-carbon energy solutions for oil and gas and hard-to-abate industries, with some 60 to 100 companies, many of whom will set foot in the UAE for the first time.
The event will also highlight the UAE’s efforts to lead the adoption and development of technologies to accelerate decarbonization and create the green industries of the future, including climate-critical industries such as renewable energy, hydrogen energy, climate-smart agriculture and STEM education.
With the UAE on track to achieve its Net Zero strategic initiative by 2050, MoIAT is developing strategies to encourage companies in the country to improve production methods to incorporate decarbonization and incentivize the creation of new businesses that prioritize decarbonization.
MoIAT’s initiatives and partnerships in this area include the Technology Transformation Programme, the Industrial Technology Transformation Index (ITTI), green financing in partnership with the UAE Development Bank, the Industrial Sustainability Alliance, and raising awareness of green regulations and standards.
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