Page 25 - WGEO PR REPORT - November-December 2022

HE Al Tayer further stated, “What is needed today is solutions that address several

challenges at once. Transitioning to a green economy as well as resorting to nature-
based solutions will contribute to enhancing food and water security, address climate
change and biodiversity loss, and strengthen the response to disasters. Climate-smart
agriculture, forestation, and natural ecosystems restoration are multi-faceted, serving

the economy, people and the climate response. Platforms like COP 27 not only allow
global stakeholders to have their voices heard, but also provide a forum to address
climate change, share best practices and build commitments. Most significantly, such
platforms make sure that all stakeholders are fully committed to and involved in all

measures intended to curtail climate change. This will help the society and wildlife in
successfully adapting and ensure preservation of the ecosystem on planet Earth.”

“The UAE attaches great importance to adopting the principles and practices of green
economy to achieve sustainable development and combat the repercussions of climate
change. The UAE is leading this effort by setting a framework for achieving net-zero

emissions, launching green initiatives, and ambitious national strategies and policies
that will help reduce carbon emissions and adapt to climate change, as well as find a
smooth path towards achieving economic prosperity that goes in parallel with

environmental sustainability. To support the Dubai Clean Energy Strategy 2050 and the
Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of the total power
production capacity from clean energy sources by 2050, Dubai launched major strategic
initiatives and development projects.

These projects, built through Dubai Electricity and Water Authority (DEWA), include the

Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park
using the Independent Power Producer (IPP) model with a production capacity of 5,000
megawatts by 2030; the pumped-storage hydroelectric power plant in Hatta using clean
energy, which is the first of its kind in the GCC region; and the Green Hydrogen project

that DEWA implemented at the Mohammed bin Rashid Al Maktoum Solar Park in
Dubai. It is the first pilot project of its kind in the Middle East and North Africa for green
hydrogen production”, Al Tayer said.

H.E. Saeed Al Tayer also emphasised the importance of nature-based solutions to
enhance food and water security, address climate change and biodiversity loss, and

strengthen the response to disasters, as well as how the UAE places strong focus on
transitioning to a green economy.

https://www.zawya.com/en/press-release/government-news/he-saeed-mohammed-al-tayer-
underlines-wgeos-collaboration-with-global-stakeholders-to-discuss-role-of-green-economy-in-nature-
based-solutions-at-cop27-xemd0g3g