Reimagined Abu Dhabi Sustainability Week concludes with global commitment to deliver green recovery in 2021

Abu Dhabi: Abu Dhabi Sustainability Week (ADSW), the worldwide platform for accelerating sustainable improvement hosted by Masdar, concluded on Thursday with a convincing international dedication to ship a inexperienced restoration in 2021.

From January 18 to 21, ADSW passed off in a reimagined digital setting, and attracted greater than 100,000 views from 175 nations throughout its on-line platforms, reiterating its significance because the annual international sustainability occasion that units the agenda for the yr.

ADSW included high-level digital occasions: ADSW Summit, which passed off within the presence of Sheikh Hazza bin Zayed Al Nahyan, Vice-President of the Abu Dhabi Government Council, the Renewable Power Company’s (Irena) eleventh Meeting, the Abu Dhabi Sustainable Finance Discussion board, the Atlantic Council International Power Discussion board, Youth 4 Sustainability Digital Discussion board; and the World Future Power Summit Again to Enterprise Webinar Sequence.

The ADSW speaker programme featured greater than 500 international leaders and decision-makers from coverage, trade and know-how, together with Dr Sultan Al Jaber, UAE Minister of Trade and Superior Know-how, Particular Envoy for Local weather Change, and Masdar chairman of Masdar. In attendance had been additionally Charles, Prince of Wales; Prince Albert II of Monaco, António Guterres, Secretary-Normal of the United Nations, and Khaldoon Al Mubarak, managing director and group CEO of Mubadala Funding Firm.

Irena’s eleventh Meeting introduced collectively heads of state, authorities, ministers and vitality decision-makers to debate the worldwide vitality transition and the additional adoption of renewable applied sciences.

The flagship ADSW Summit featured greater than 90 international leaders from all over the world and explored the social, financial and technological alternatives for delivering a inexperienced restoration.

The third version of Abu Dhabi Sustainable Finance Discussion board hosted by Abu Dhabi International Market highlighted the significance of a sustainable and equitable method to rebuild the worldwide financial system.

The Atlantic Council’s International Power Discussion board and World Future Power Summit Webinars highlighted the alternatives for advancing the vitality transition and race to internet zero.

Masdar’s Youth 4 Sustainability Digital Discussion board was led by members of the worldwide youth group, and explored methods for younger individuals to play an lively position within the implementation of United Nations Sustainable Growth Objectives and the UAE’s 50-year Growth Plan. The discussion board coated subjects throughout management and sustainability, abilities and future of labor, and innovation challenges.

ADSW 2021 additionally featured The International Innovation Award, which is organised on behalf of the UAE Ministry of Local weather Change and Surroundings. It named Cambrian Innovation from the US the general winner of the award.

The week welcomed a number of industrial bulletins referring to the adoption and improvement of hydrogen within the UAE. Mubadala Funding Firm, Abu Dhabi Nationwide Oil Firm and ADQ, introduced the signing of an MoU to ascertain the Abu Dhabi Hydrogen Alliance, with the view to ascertain Abu Dhabi as a trusted chief of low-carbon inexperienced and blue hydrogen in rising worldwide markets.

Constructing on the Alliance, Masdar, the world’s main renewable vitality corporations, introduced it might be a part of forces with Abu Dhabi Division of Power, Etihad Airways, Lufthansa Group, Khalifa College of Science and Know-how, Siemens Power, and Marubeni Company in an initiative designed to assist the event of the inexperienced hydrogen financial system in Abu Dhabi. The initiative goals to ascertain a demonstrator plant at Masdar Metropolis.

Constructing on the 2020 Abraham Accords, Masdar additionally signed a strategic settlement with French group EDF Renewables to discover renewable vitality alternatives in Israel and assist the nation’s clean-energy targets. Israel is focusing on 30 per cent of its vitality coming from renewable sources by 2030, up from a earlier goal of 17 per cent, because it appears to section out coal use. Reaching the brand new goal would require an extra 15 gigawatts of photo voltaic capability being developed over the interval.

Masdar additionally launched throughout ADSW its 2020 Annual Sustainability Report, which revealed it had greater than doubled its clear vitality capability within the final two years, producing sufficient electrical energy to energy over 4 million houses.