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renew: April 11, 2023 at 21:37 yes
Abu Dhabi [UAE]11 April (ANI/WAM): Ministry of Industry and Advanced Technology (MoIAT) with ADNOC and Abu Dhabi Future Energy Corporation (masdar), declared UAE Climate Tech will be held from May 10th to 11th at Abu Dhabi Energy Center.
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.
Sultan bin Ahmed JaberMinister of Industry and Advanced Technology and President-elect of COP28 said: “As stated in the latest IPCC report, the science behind climate change is crystal clear. The world is losing the race to prevent temperatures from rising to 1.5 degrees above pre-industrial levels. We have With a small window of opportunity for a massive course correction and gear shift, we must act now to deliver on the four key pillars of climate finance, human capital, policy and technology.”
He said: “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 a tipping point, we must act urgently to develop and deploy these innovations to Driving low-carbon solutions and fostering economic opportunity.”
“To achieve this goal, we need to strengthen cooperation, UAE Climate Tech provides a unique opportunity to convene industry leaders and policymakers to take climate action, transform, decarbonise and future-proof for a net-zero world,” Sultan bin Ahmed Jaber Add to.
UAE Climate Tech Building on the country’s legacy of climate leadership and practical and progressive 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. For its part, masdar The goal is to achieve 100 gigawatts (GW) of renewable energy capacity by 2030.
Held ahead of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), UAE Climate Tech Technology, innovation and investment opportunities will be presented while a range of technologies will be showcased, including carbon capture, artificial intelligencerobotics, digitalisation, hydrogen, alternative fuels and new and low-carbon energy solutions for oil and gas and hard-to-reduce industries, there are around 60 to 100 companies, many of which 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 a strategy 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. (ANI/WAM)
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