Sharjah Economic Development Department (SEDD) has organized a “Green Investment” workshop to attain the national sustainability agenda and sustainable development goals (SDG) of the UAE.
The workshop, hosted in association with the UAE’s Ministry of Climate Change and Environment, explored the opportunities in the “Green Investment” concept, which is a new model of fast-growing economic development based on knowledge of environmental economics.
The discussions were done in order to introduce legislation aimed at attracting investment-financing opportunities in projects related to energy, environment and climate change to support global sustainable development.
Commenting on the workshop, Sultan Abdullah bin Hadda Al Suwaidi, Chairman of SEDD, highlighted the role played by the Department in supporting the national sustainability agenda and green investment in a way that enhances the economic growth of the country.
Sharjah has always taken a favorable stand towards supporting and encouraging green investment related to education, technology and innovation as one of the new models of rapid economic development, Mr. Al Suwaidi stated.
Such workshops come as a continuation of the awareness initiatives that SEDD focuses to offer, with the aim of spreading awareness of sustainability standards and the importance of their application.
Mr. Al Suwaidi added that Sharjah has set an ambitious goal of relying on a diversified and innovative knowledge-based economy. Also, due to the global trends to confront climate change, this time is the best to take action to promote green and sustainable development projects.
Mr. Khalfan Al Herathi, Director of SEDD Branches, said that the Department aims to highlight the green investment concept and its role to achieve sustainable development goals in the emirate, in addition to focusing on renewable and clean energy solutions. Workshops like this offer a distinctive platform to promote cooperation between local and federal government agencies to improve sustainable development.
Further, Mr. Al Herathi stated that green investment provides practical opportunities to achieve economic growth by focusing on innovation in the field of clean technology, promoting investments and seeking solutions based on natural resources.