The 7th edition of the World Green Economy Summit (WGES), one of the leading global forums on the green economy, kick-started in the Dubai Exhibition Centre at Expo 2020.
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the event is organized by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization.
The opening ceremony was attended by a number of ministers, thought leaders from around the world, and senior officials of leading companies. Mr. Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA and Chairman of WGES, delivered his remarks to formally welcome all attendees to the two-day summit and HE Mariam bint Mohammed Saeed Hareb Al Mheiri, Minister of Climate Change and Environment of the UAE, gave the opening address.
“This year’s Summit is held under the theme ‘Galvanising Action for a Sustainable Recovery’ and focuses on four main themes: Youth, Innovation and Smart Technologies, Green Economy and Policies, and Green Finance. The event promises to generate meaningful investments in these fields and create new job opportunities. The green economy is expected to contribute $12 trillion by 2030.”
The first plenary panel discussion at the WGES 2021 was entitled ‘Road to COP26’, in which the speaker looked into ways to tackle climate change and to fulfill the commitments under the Paris Agreement.
The second plenary panel focused on ‘The Coming Green Infrastructure Boom’ where guest speakers and participants examined the key challenges and opportunities in designing and building the green finance process.
The WGES focuses on strengthening cooperation among countries and between public and private sectors in innovation, technology, finance, and following global best practices in the green economy. The summit offers a platform to discuss the best ways to develop low-carbon economies and combat climate change and thus contribute to the global community’s efforts to create a secure and sustainable future.
“Organizing the summit in conjunction with Expo 2020 Dubai consolidates the UAE’s and Dubai’s position as a global hub for technologies that promote sustainable development and quality green economy investments,” added Mr. Al Tayer.