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10/16/24, 10:27 AM World Green Economy Summit 2024 concludes | Emirates News Agency
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said, “Clean energy is a main

requirement to build a robust green economy. So, we updated the UAE Energy Strategy 2050 with higher,
more ambitious targets. These include tripling our renewables capacity by 2030, growing our clean energy

capacity to 19.8 GW by 2030 and increasing the share of installed clean energy capacity to 30 percent by

2030. We also launched the National Hydrogen Strategy that calls for producing 1.4 million tonnes of low-
emission hydrogen per annum by 2031 and increasing production to 15 million tonnes annually by 2050. Both

strategies are main enablers of the UAE’s Net-Zero by 2050 target."
“At the Ministry, we believe our mandate areas – energy, infrastructure, transport and housing – are at the

heart of the shift to green economy as they present multiple opportunities for deep decarbonisation. We are

taking confident steps to reduce the carbon footprint of these sectors and enhancing their sustainability.
Globally, greening these sectors is a huge challenge but here, in the UAE, it is an opportunity for

environmental and economic gains. We stand ready to share our experiences with the world,” Al Mazrouei

added.
The Minister noted that year after year, WGES proves to be a driving force behind the global shift to green

economy and expressed his confidence that this edition will be a distinctive addition to a long streak of

successful summits.
Reem Al Hashimy, UAE Minister of State for International Co-operation and CEO of the Expo City Dubai

Authority, said, “At Expo City Dubai, we are committed to setting new standards in sustainable development,
actively supporting our nation’s net-zero targets as we transform from hosts of the World Expo and COP28

into a vibrant community that balances the needs of people and businesses with environmental stewardship.

We firmly believe in the power of collaboration and recognise the significance of the 10th World Green
Economy Summit as it continues to drive global action towards a greener future."

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated, “The United Arab Emirates has
been a consistent champion of the opportunities presented by the transition to a green economy, from new

energy sources to more sustainable industries and supply chains. The World Green Economy Summit is the

embodiment of this commitment and, in its 10th year, it will again gather policymakers, researchers, industry
experts and innovators to advance the development of solutions that will not only lead to a cleaner, smarter

and more efficient global economy but pioneer new means of value-creation for the benefit of us all."

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