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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    World Green Economy Summit Announces Program for 10th Session

    Rocky
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    World Green Economy Summit Announces Program for 10th Session Empty World Green Economy Summit Announces Program for 10th Session

    Post by Rocky Tue 01 Oct 2024, 4:57 am

    World Green Economy Summit Announces Program for 10th Session

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    Economy News - Follow-up
    The World Green Economy Summit (WGES), organised by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organisation (WGEO), has announced the programme for the 10th edition, which will kick off on Wednesday, October 2, 2024, and will run for two days at the Dubai World Trade Centre. It will feature 22 seminars, panel discussions and presentations, with the participation of a select group of leaders, experts, specialists and policy makers from around the world.
    Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the summit covers key issues related to climate action and the green economy and seeks to continue the UAE’s journey of leading global climate action under the theme “Enabling Global Efforts: Creating Opportunities and Driving Progress.”
    The first day of the summit will cover a number of pivotal issues. The summit will begin with a session titled “International Cooperation to Mitigate the Impacts of Climate Change,” which will highlight the essential role of treaties, agreements, and cooperative projects in confronting climate change.
    Following the official opening of the summit, there will be a session titled “Empowering Small Businesses for a Sustainable Future”, which will address collaboration and innovation to advance small businesses from a regional perspective. The first day will also host a session titled “Power Grid Integration Challenges and Solutions: Managing Variability and Ensuring Reliability in the Power Grid”, which will address challenges in power grid integration, and another titled “Measuring and Reporting the Carbon Footprint”, where experts will share best practices to ensure transparency and accountability in measurement and benchmarking.
    “Decarbonization is not just a goal, it is a responsibility that we all share, and reaching carbon neutrality means building a future where we do not advance at the expense of our planet,” said Jean-Baptiste Djebbari, former French Minister of Transport.
    “We are seeing the impact of climate change across the economy, from mobility to energy consumption and food chains. Embracing a green economy requires concerted action by all stakeholders in the public and private sectors to reduce greenhouse gas emissions. The World Green Economy Summit is a leading platform to achieve our shared goals, and I look forward to participating in its activities,” said Jean-Louis Morcos, Chief Investment Officer and Regional Director, Sustainable Finance and Climate, IFC.
    The first day of the summit continues with sessions on decarbonization strategies for heavy transport, construction, energy and chemicals sectors during the session “Decarbonization of the most energy-intensive and hardest-to-mitigate industries”, and addresses the role of sustainable aviation fuel in achieving climate neutrality goals during the session “Let’s fly high: The most important steps the aviation sector needs to achieve sustainability by 2030”.
    The first day will also witness a session titled “The Four Ps of the Marketing Mix: Adding Philanthropy to Public-Private Partnerships” that highlights the need to enhance collaboration between charitable institutions and the public and private sectors to develop effective climate solutions, and another titled “How can we use AI to build a sustainable future?” that explores the various possible applications of AI technology that can contribute to building a sustainable future.
    “EGA is committed to achieving carbon neutrality by 2050 and becoming a leading sustainability player in the aluminium industry by 2030,” said Najiba Al Jabri, Vice President, Environment, Health and Security, Emirates Global Aluminium. “We have a strong plan to achieve this ambition, but we know that we cannot achieve it without collaboration and innovation across hard-to-abate industries. Through this collaboration, we can work with governments to provide the supportive policies, financing and technology needed to drive the transition to a low-carbon economy. I look forward to sharing our experience at the World Green Economy Summit.”
    During the session “Carbon Capture and Storage Strategies: Exploring Emerging Technologies, Their Use and Potential Impact,” experts will explore how to overcome the challenges facing carbon capture and storage solutions and the vast opportunities they offer. The summit will also host a ministerial session on “Climate Finance and the Green Economy,” and the summit will conclude its first day with a session titled “The Role of Green Hydrogen in Decarbonizing Energy Systems and Industrial Processes,” which will address the prospects for adopting green hydrogen as a sustainable fuel and a reliable source of clean energy.
    Akram Alami, Senior Partner and Head of Aviation, Utilities, and Sustainability and Responsibility Practice in the Middle East at Bain & Company, said: “Green hydrogen fuel is an effective contributor to decarbonizing energy systems and industrial processes, especially in geographies such as the Middle East and North Africa. By leveraging abundant renewable energy resources, green hydrogen offers a promising way to reduce emissions in sectors that are difficult to mitigate, and provides an opportunity to achieve the transition and transformation towards sustainable energy, in addition to enhancing economic growth through the adoption of clean, less polluting energy exports and diverse industrial uses.”
    “Our efforts reflect the pivotal role of banks in supporting the true economic transition towards carbon neutrality, and helping set the benchmarks that the entire sector can follow,” said Sharjeel Basheer, Head of Sustainability, First Abu Dhabi Bank. “We have made significant progress in strategic financing by providing financing for sustainable projects in the energy, construction, transport, waste, water and food sectors.”
    Day 2 (Thursday, October 3, 2024)
    On the second day, the summit will kick off with a panel discussion titled “The Need to Double Agricultural Production by 2050: How to Meet the Growing Global Agricultural Needs?” exploring the new technologies and policies that need to be developed and adopted to enable positive change in the global food system, followed by a panel discussion titled “Integrating the Circular Economy and Implementing a Waste Reduction Strategy” that will address the need to adopt circular practices and the challenges of integrating the circular economy into the current economic model. The panel discussion titled “Carbon Trading: Calculating Carbon Emissions and Building a Carbon Credit Market” will then discuss the opportunities and challenges facing the development of carbon credit markets, while the panel discussion titled “Financing Clean Technologies” will highlight the role of clean technologies in climate action efforts and the urgent need for financing them.
    “The World Green Economy Summit is an important milestone in our journey towards building a green and sustainable economy that is in line with our national vision for the future,” said Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure. “In the UAE, we believe that the shift towards a green economy is not only an environmental necessity, but a real opportunity to enhance innovation, create new job opportunities, and ensure a prosperous future for generations to come.”
    He added: “The UAE, through its national strategies, sustainable policies and ambitious initiatives, places sustainability at the heart of the economic decision-making process, and we are committed to achieving a balance between economic growth and environmental conservation, by adopting the latest innovations and technologies.”
    Al Mazrouei continued: “In the UAE, we stress the importance of joint work between the public and private sectors and supporting partnerships that contribute to accelerating the pace of transformation towards a more sustainable future. We believe that the challenges facing various countries in achieving sustainability require a collective and innovative response, and we are confident that the World Green Economy Summit will contribute significantly to developing effective solutions and presenting new initiatives that contribute to achieving a sustainable and comprehensive green economy.”
    He stressed that the summit represents a valuable opportunity to enhance global dialogue and exchange experiences, as experts and decision-makers from around the world come together to discuss the best ways to achieve the transition towards a green economy. Everyone believes that international cooperation is the key to achieving global sustainability goals, and this summit is an ideal platform to enhance this cooperation.
    “The Middle East can lead the way in building climate-smart, nutritious food systems by turning its challenges into opportunities,” said Kristen Gould, Founder of Thought for Food®. “I look forward to exploring how the right investments and policies can advance green economy goals and ensure the innovative food and water solutions we have now expand and grow, empowering communities and making a lasting and profitable impact on our planet.”
    “Achieving a truly circular economy depends fundamentally on our commitment to recycling, coupled with the adoption of pioneering technologies that enhance the economic benefits of the opportunities that these practices present,” said Stuart Peña Velez, Co-Founder and CEO, Macrocycle Technologies. “Innovation in developing technologies that are highly financially and operationally efficient will enable us to advance the infrastructure to transform waste into valuable resources, ensuring that sustainability goes beyond a goal to become an economic reality.”
    “Green finance is key to unlocking the vast potential of climate action, enabling innovative solutions that benefit people and planet,” said Karim El Jisr, Executive Director, Sustainability Performance and Accreditation, The Red Sea Development Company (RSG). “This year’s World Green Economy Summit confirms that sustainable finance and clean technology financing are pivotal to driving change and transformation on a global scale. Investments must be directed to regeneration projects, such as those led by The Red Sea Development Company, to ensure a future where economic growth is in tandem with environmental protection.”
    “The World Green Economy Summit is a pivotal moment to drive action and collective action towards a just and prosperous world,” said Harald Friedel, Senior Specialist - Circular Economy, UNDP. “The time for talk is over, the time for action is now.”
    “I am honored to be part of the World Green Economy Summit, the leading and pivotal platform for driving the global transition towards sustainability,” said Dr. Hamid Haqparwar, CEO of AGMC, Director of Al Batha Automotive Group. “AGMC is keen to lead this change and is actively working to ensure its realization through the use of innovation and enabling tangible solutions. I look forward to interacting with industry leaders and discussing forward-looking solutions to accelerate the transition to a green economy.”
    The second day’s activities also include a session titled “Carbon Pricing and Emissions Trading Legislation” that highlights the role of governments and regulatory frameworks in driving the low-carbon economy, and another titled “Growth Opportunities for Clean Energy Developments and Increasing Clean Energy Integration” that addresses how to promote various renewable energy sources. The summit will devote a special space to dialogue on the various solutions that must be developed to address the structural challenges that hinder sustainability efforts in the food system during the session “Reducing Emissions from the Current Food System Responsible for More Than a Third of the World’s Greenhouse Gas Emissions”, and it will also look at progress in renewable energy pledges since COP28 during the session “COP28 Agreement to Triple Renewable Energy Generation Capacity: Progress and Key Achievements”.
    “The energy transition requires a system-wide effort that is interconnected across all sectors,” said Gauri Singh, Deputy Director-General of IRENA. “Immediate policies to support, scale up and integrate renewable energy generation have a critical role to play, but they need to be embedded in a broader framework that goes beyond the energy sector. This comprehensive approach is essential to drive the structural changes needed to ensure a successful transition and equitable outcomes.”
    “Decarbonizing the energy sector is a key step to reducing emissions at the source in the generation phase, as well as facilitating the transition to carbon neutrality for industrial and residential users who need clean energy sources to enhance their transition pathways,” said Sahar Shamsi, Partner, Oxera. “The energy transition requires the development of transparent and harmonized legislation and policies, as the development and uptake of green energy requires aligning the interests of stakeholders to promote technological innovation, stimulate capital entry, and achieve consumer acceptance. In this context, the world has an opportunity to accelerate and enhance the efficiency of carbon neutrality by focusing on local and international coordination in energy legislation and policies.”
    “Clean energy developments play a pivotal role in building a sustainable future, and the deployment of renewable energy sources such as solar and hydrogen is a turning point in energy generation and consumption approaches. DEWA is leading this transformation through its remarkable contributions to achieving Dubai’s ambitious goals, through its pioneering projects such as the Mohammed bin Rashid Al Maktoum Solar Park and the Green Hydrogen Project. These efforts are a key driver for reducing emissions, enhancing energy efficiency, and consolidating Dubai’s global leadership in achieving carbon neutrality by 2050,” said Mohammed Abdulkareem Al Shamsi, Chief Sustainability and Climate Change Officer, DEWA.
    The second day of the summit will continue with a session titled “The Pivotal Role of Youth in Creating a Sustainable Future,” which will allow young experts to raise their voices and share their knowledge in the field of climate action, and another titled “The Role of District Cooling, Building Retrofits and Other Approaches in Improving Energy Efficiency,” which will explore the latest applications of this innovative technology and its role in reducing the carbon footprint. The summit will conclude with a dialogue session titled “Consumer Spending and the Importance of Behaviors as a Key Pillar of the Circular Economy,” in which experts will discuss the most important strategies that enable consumers to make wise decisions and adopt sustainable practices.
    “Dubai’s commitment to achieving carbon neutrality is rapidly advancing through the adoption of innovative energy solutions. Etihad ESCO believes that every building retrofit and solar installation we undertake is a step closer to a city that excels economically and leads the environmental efforts to combat climate change. The carbon footprint of commercial buildings retrofitted by Etihad ESCO is reduced by up to 35%,” said Dr. Waleed Al Nuaimi, CEO, Etihad Energy Services Company (Etihad ESCO).
    “By engaging in meaningful dialogue with stakeholders and communities, we as youth can help accelerate the energy transition in a way that is just and equitable for all,” said Lydia Sanz Lozano, Co-Vice President of Programming, Student Energy Summit 2023. “Young people are driven to innovate new solutions in our communities, advocate for ambitious policy changes in negotiation rooms, and forge partnerships for social change across generations and sectors to build our ‘Climate Society’ and solve the greatest challenges facing our current generations.”
    “Empowering youth to play a leadership role in sustainability is not only critical to the success of climate strategies, but is also essential to ensuring a sustainable future for all. The World Green Economy Summit is a leading global event that stimulates discussions on sustainability and decarbonization, and drives the role of youth in shaping innovative and effective solutions for a more sustainable future,” said Majd Fayyad, Head of Strategy and Policy, Demand Side Management, Dubai Supreme Council of Energy - Director and Board Member, Zero Cities Volunteer Task Force.
    “Sustainability is an integral part of our operations at Chalhoub Group. Our Circular Economy Report confirms our unwavering commitment to sustainable business models, as we aim to achieve carbon neutrality by 2040. In the dynamic fashion industry, which is responsible for around 10% of global CO2 emissions, adopting circular economy-focused initiatives is no longer an option, but a necessity,” said Florence Bolti, Chief Sustainability Officer, Chalhoub Group. “The GCC pre-owned luxury market represents the shift towards a circular economy driven by consumer behaviors and decisions, companies and luxury brands that are adjusting their strategies and products to meet global demands and expectations. This market is estimated to be worth between US$480-500 million in 2022, with an annual growth rate of 15%. This trend reflects a major shift in the business and economic model, where policymakers, legislators, brands, retailers and customers must collaborate to promote and advance sustainable practices. At Chalhoub Group, we leverage these insights to develop our strategy and enhance Our operational processes, so that sustainability is a fundamental pillar of our business.”


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