Page 39 - WGEO PR REPORT - November-December 2022
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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.
               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.
               "Bridging these elements is also a priority, to make the implementation process as
               efficient, and effective as possible. Advancing the green economy requires international
               cooperation, guaranteeing a new approach and a stable partnership among all
               stakeholders globally. In this respect, the UAE government, along with WGEO, have
               launched the Global Alliance on Green Economy in September 2022, aiming to advance
               policymaking and implementation towards a green economy, at the global, regional, and
               national levels. Solutions under the Alliance will address the transition, climate change
               and sustainable development. Today's session at COP 27, among others, will bring us
               closer to making such solutions available and accessible and lead us towards achieving
               our shared ambitions to combat the harmful effects of climate change, and support
               cooperation initiatives to help the world achieve future sustainability through the
               transition to a green economy", Al Tayer concluded.





               https://www.bignewsnetwork.com/news/273104193/al-tayer-underlines-wgeo-collaboration-with-
               global-stakeholders-to-discuss-role-of-green-economy-in-nature-based-solutions-at-cop27
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