UAE Green Economy

  • On January 15, 2012, Sheikh Muhammad bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced the launch of a long-term national initiative to build green economy in the UAE under the slogan “A green economy for sustainable development”.

    The success of countries and companies is no longer simply measured by their economic achievements, but also by their contribution to conserving the environment and natural resources and improving the living standards of communities. This is the importance of the ‘UAE Strategy for Green Development’ — a national, nine-year initiative to develop a sustainable economy — announced by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

    The initiative aims to make the UAE one of the global pioneers in creating a green economy and a hub for exporting and re-exporting sustainable products and technologies, among other objectives. However, the UAE has already moved beyond policy and into practice with its investments in projects like Masdar, a purpose-built city that aims to produce no waste or harmful emissions.

    The UAE is the first Arab country to launch the green economy initiative. This initiative, which falls under the UAE Vision 2021 and under the Arab Green Economy Initiative, seems to be a natural continuity to the recent green economy initiatives in the UAE, such as the building of the Masdar City, the first green city in the world; the investment in the creation of renewable energy sources, including nuclear energy; and the development of greenhouse and organic agriculture. The UAE has also become the center of green building in the Arab world. Therefore, it has been only natural for the UAE to launch the green economy initiative.

    This initiative’s aims are threefold: to make the UAE one of the global pioneers in green economy, a hub for exporting and re-exporting green products and technologies, and a country preserving a sustainable environment that supports long-term economic growth. Sheikh Al Maktoum said that “our goal from this national initiative is clear, that is, to build an economy that protects the environment as well as an environment that supports the growth of the economy. We in the UAE, within the vision 2021, are striving to build a diversified economy based on knowledge and innovation, through which we can provide excellent employment opportunities to our citizens. Through this, we can protect our natural and environmental resources, and strengthen our competitive position in global markets, especially in the areas of renewable energy products and technologies on the green economy.” He added that “we are serious about the transformation of our development process to reach the first position on the global level. During the next nine years and up to the year 2021 we will launch a range of initiatives and projects in all areas to achieve our goal.”

    The green economy initiative consists of various programs, projects, legislation, and policies in six major fields, including: promoting the production and use of renewable energy and developing standards for energy consumption in the public and private sectors; encouraging investments in green economy and facilitating the production, import, export and re-export of green products and technologies; planning of green cities, green building, and environmental-friendly transportation; reducing carbon emissions from industrial and commercial sites, promoting organic agriculture, and maintaining biodiversity and the ecological balance in the UAE;  regulating the use of water resources, electricity, and natural resources, recycling water and promoting environmental education; and developing green technology, while its first phase includes carbon capture and conversion of water into energy.

     

     

  • News Updates

     

    • UAE hosts press conference with UNEP on upcoming PAGE Conference "The conference will be an opportunity to review the progress on implementing the Green Economy in  the context of sustainable development and poverty eradication following Rio+20, and also a chance to  consider how greener economies can contribute to the emerging post-2015 development agenda and  new global architecture for sustainability," according to the UAE Minister of Environment and Water.

  • Upcoming Events

     

    Press Conference
     
    Press ConferenceDate: 05, Feb 2014
    Venue: Dubai, UAE
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    Global Forum For Innovations in Agriculture
     
    Global Forum For Innovations in AgricultureDate: 02 - 04, Feb 2014
    Venue: Abu Dhabi, UAE
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    World Food Security Summit
     
    World Food Security SummitDate: 23 - 24, Feb 2014
    Venue: Dubai, UAE
    more>>
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