Environmental, Social & Governance

World Green Economy Summit: Enhancing Global Climate Action

SME News Service

This is achieved by fostering international cooperation and partnerships across vital sectors and encouraging innovative solutions that mitigate the impacts of climate change.

WGES has always given special importance to dialogue on ways to achieve a balance between economic development and protecting the environment, aiming to implement practical mechanisms.

The Summit was held under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

H.E. Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, MD & CEO of Dubai Electricity and Water Authority (DEWA), and Chairman of the World Green Economy Organization, emphasized that achieving climate justice and empowering impoverished communities are top priorities of the summit.

Climate Action Disparities Risk Compounding Existing Economic Inequality

Over previous editions, the summit has proposed solutions centered on advanced green technologies, contributing to the sustainable development goals. Al Tayer noted that climate change impacts essential aspects of life, including public health, food and water availability, and air quality.

"Hosting the World Green Economy Summit in Dubai since its inception in 2014 reflects the UAE’s leading role in global climate action and its commitment to developing effective solutions based on a clear vision to employ advanced technologies and innovation to promote the shift towards a green economy and combat challenges associated with climate change.

“We remain dedicated to fostering global cooperation and leveraging all efforts and resources to achieve the UN Sustainable Development Goals 2030, striving for a sustainable green economy and a just energy transition that benefits all," said Al Tayer.

The World Green Economy Summit is organized by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organization (WGEO).

The 10th WGES will be held on 2-3 October 2024 at the Dubai World Trade Centre under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress.’

Its main thematic pillars this year include decarbonization, clean energy advancements (including green hydrogen and energy storage), climate finance, circular economy, using technology to tackle climate change, youth in climate change, and food and water.

WGES aims to empower developing regions, foster global cooperation, and encourage public-private partnerships to address climate change.

The summit will focus on advancing green policies, promoting cutting-edge technologies, and facilitating the transition to a green economy while addressing the risks and challenges associated with energy supply to support the green energy transition.

Read More: World Green Economy Summit Outlines Sustainability in Various Fields

ACCIONA Secures 300 Million Euro in Sustainable Financing for Projects in the GCC Area

Sustainability and Extreme Weather Resilience Drive Over 100% Year-on-Year Growth for AESG MEP Division

AIQ and Inception Announce Partners to Revolutionize AI Solutions for the Energy Sector

Masdar and Presight Sign Agreement to Develop AI Asset Management Tool

Royal Commission for Alula Affirms Commitment to Sustainability and Ambition To Drive Positive Change