News Desk
DUBAI: The 10th World Green Economy Summit (WGES) will bring together leading international experts and specialists from various critical sectors to explore strategies for enhancing global efforts in advancing a green economy capable of adapting to climate change. The green economy not only improves quality of life but also addresses pressing global challenges such as climate change and global warming.
The 10th WGES is held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Organised by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organization (WGEO), the summit will be held on 2 and 3 October 2024 at the Dubai World Trade Centre under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress’.
The 10th WGES will discuss the following key themes:
- Decarbonisation and Net-Zero Goals
2023 was demonstrably the warmest year in history, reaching 1.64° C of global warming. Strategies for carbon capture and storage (CCS), case studies on practices for decarbonising the economy, transitioning to low-carbon processes, and measuring and reporting carbon footprints, are key discussion points.
- Clean Energy Advancements
Expansion of the adoption and investment of renewable energies such as solar, wind, geothermal, and nuclear, along with green hydrogen, as well as the development of energy storage systems and smart grids. Additional focus on the enablers of innovation in green energy.
- Climate Finance
Funding for climate resilience and adaptation, carbon pricing, and addressing the gap in funding capabilities and responsibilities of developed versus developing countries. Focus on initiatives started in COP 28 and their progress so far, such as the ALTERRA $30 billion fund.
- Circular Economy
Large focus on the UAE Circular Economy Policy, encompassing Sustainable Manufacturing, Green Infrastructure, Sustainable Transportation, and Sustainable food production and consumption. Shift from recycling to reusing, the creation of a circular economy for critical metals and e-waste, the role of regeneration in circularity strategies, and the importance of consumption habits in the circular economy.
- 5.Policy and Regulatory Frameworks
Discussion of global and local political issues relevant to climate action, including the ‘green backlash’ trends, resource security, lessons from COP28, and international cooperation on climate mitigation.
- 6.Using Technology to Tackle Climate Change
Opportunities of utilising AI and other technology such as district cooling to tackle climate change.
- 7. Youth in Climate Change
Youth participation in climate research, projects, and conversations to address the inter-generational gap of climate solutions.
- 8.Food and Water
How to meet growing global agricultural needs, reducing emissions in a highly-polluting food system, tackling food waste, lessons on regenerative agriculture, food and water access and security.
