UAE reaffirms commitment to sustainable future

January 26, 2024

Minister Al Mazrouei’s remarks were made on the International Day of Clean Energy, observed on 26th January each year…reports Asian Lite News

Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the increasing global efforts towards achieving environmental sustainability. He highlighted the UAE’s outstanding global efforts in clean energy through innovative strategies and substantial investments, solidifying its position as a global hub for sustainable energy.

Minister Al Mazrouei’s remarks were made on the International Day of Clean Energy, observed on 26th January each year. The day commemorates the establishment of the International Renewable Energy Agency (IRENA) in 2009, a proposal jointly submitted by the UAE and Panama and later adopted by the United Nations.

“On this day, we reaffirm our commitment to building a sustainable future. As a global leader in the energy landscape, the UAE will continue to expand on its clean energy projects,” he said.

“The resounding success of COP28 reflects the pioneering role of the UAE in shaping a future fuelled by clean energy. COP28 delivered on its promises and so will the UAE. We will continue to work diligently to meet our ambitious climate commitments.”

He added that at the centre of these commitments are the updated targets of the UAE Strategy 2050 that ensure a balanced, sustainable, affordable energy supply with the ultimate goal of reaching net-zero by 2050.

In its first stage, the strategy calls for reducing emissions from the water and energy sectors and reaching a 0% contribution of clean coal in the energy mix. The strategy seeks to increase individual and institutional energy consumption efficiency by 42-45% by 2030, compared to 2019. Also, to triple the share of renewable energy by 2030, increase the installed clean energy capacity from 14.2 GW to 19.8 GW by 2030, surge the share of installed clean energy capacity in the total energy mix to 30% by 2030, and increase the contribution of clean energy generation to 32% by 2030 to ensure the country is on track to achieve its climate change mitigation goals.

The Minister highlighted that climate action is at the heart of the UAE’s development plans. The country was the first Gulf country to sign and ratify the iconic Paris Agreement and to announce a Net Zero by 2050 Strategic Initiative. The UAE’s leadership realised early on the importance of a gradual, pragmatic transition in the energy sector and, over 20 years ago, charted a path for diversifying the national economy.

Al Mazrouei stated, “The UAE has an impressive track record in the energy transition field. So far, it has invested over US$57 billion in clean energy projects at home and abroad. Additionally, through the UAE-US Partnership for Accelerating Clean Energy (PACE), we seek to mobilise US$100 billion and deploy 100 new gigawatts of clean energy by 2035. The UAE aspires to be a role model for an ambitious, yet pragmatic transition to clean energy sources. We continue to meet today’s global energy needs, while investing heavily in the clean energy systems of tomorrow.

ALSO READ: UAE President, Bahrain King Discuss Middle East Peace

Previous Story

Curtains down on largest edition of UMEX and SimTEX

Next Story

UAE, Malaysia unite for digital infrastructure advancement

Latest from -Top News

Sisi, MBZ cement ties

UAE and Egypt bolster ties through high-level talks in Abu Dhabi and a landmark cardiac care initiative delivering lifesaving treatment to rural

70,000 Gaza kids starve

WFP warned that any further escalation of conflict could paralyse relief operations altogether, deepening the plight of civilians—especially children, the elderly, and

Prayers on the Mount

The Day of Arafat, considered the pinnacle of the Hajj pilgrimage, witnessed a congregation of believers from around the world As the

EID MUBARAK!

UAE marks Eid Al Adha with housing support, children’s gifts, pardons, and cultural celebrations, reflecting a national spirit of compassion, unity, and

Don't Miss