Under the auspices of His Highness Sheikh Mohammed bin Rashid Al Maktoum, WETEX and Dubai Solar Show, endorsed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, spotlight the UAE’s sustainable circular economy. Organized by DEWA, this platform fosters international collaborations, investments, and innovation, propelling the adoption of sustainable solutions and technologies in this pivotal domain.
This endeavor yields a reduction in risks, greenhouse gas emissions, and expenditures. It births auspicious prospects, novel revenue streams, and forward-looking business models, fostering better resource utilization. This drive bolsters competitiveness, sustainable growth, and global economic enhancement, all while championing eco-conscious practices.
Based on Accenture research, the circular economy holds the potential for an extra $4.5 trillion in economic output by 2030. Simultaneously, the International Labour Organisation envisions the transition to a circular economy generating six million jobs across the globe.
“At the forefront of sustainable progress, WETEX and Dubai Solar Show assume a pivotal role in advancing the UAE’s commitment to responsible resource management and optimal utilization via circular economy investments and global benchmarks. In alignment with the visionary goals of His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, these exhibitions exemplify the UAE Circular Economy Policy 2031 by spotlighting innovations across crucial sectors—green infrastructure, sustainable transportation, manufacturing, and food production.
As an esteemed international platform, these exhibitions empower enterprises to showcase cutting-edge solutions, all while underlining the integral role of circular economy principles throughout the value chain for a seamless transition. This collective effort contributes to the UAE’s resolute pursuit of a net-zero future by 2050,” noted HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, Founder and Chairman of WETEX and Dubai Solar Show.
In an enlightening address, HE Abdulla bin Touq Al Marri, Minister of Economy in the United Arab Emirates, illuminated the nation’s visionary roadmap for economic diversification. With a resolute focus on the principles of circular economy and the potent potential of renewable energy, these facets stand as pivotal drivers of sustainable development across the forthcoming five decades. Echoing the UAE’s imminent role as the host of COP28, HE Abdulla bin Touq Al Marri underscored the nation’s unwavering commitment to realizing net-zero greenhouse gas emissions by 2050. In this monumental endeavor, the circular economy policy occupies a paramount position, weaving seamlessly into the intricate tapestry of the UAE’s sustainable trajectory.
Amid the backdrop of COP28’s impending presence, the Minister of Economy’s insights elucidated the meticulous strategies that the UAE has devised to attain multifaceted sustainability objectives. Central to these strategies is the Circular Economy Council, an instrumental entity collaborating synergistically with private sector allies and civil society stakeholders. This collaboration is the driving force behind the implementation of policies harmonized with national sustainability ambitions. By forging a united path, this strategic alliance propels a transformative shift towards an elevated economic paradigm.
In embracing circular economy principles, the UAE crystallizes its dedication to effecting profound change in its economic landscape. This dedication transcends policy, encompassing practical collaboration and collective action. As the UAE unfurls its vision for the future, it reinforces its position at the forefront of global sustainability, embarking on a transformative journey that spans generations and nurtures the harmony between economic growth and environmental preservation.
HE Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology (MoIAT), underscored the pivotal role played by the UAE’s National Strategy for Industry and Advanced Technology. The strategy stands as a resolute blueprint to elevate the industrial sector, foster an ecosystem of entrepreneurship, and attract strategic manufacturing investments.
HE Al Suwaidi emphasized the symbiotic relationship between strategic events like WETEX and Dubai Solar Show the broader goals of the ‘Make it in the Emirates’ initiative. These platforms serve as catalysts for showcasing pioneering innovations, nurturing entrepreneurial initiatives, and forging invaluable startup collaborations. As the UAE embarks on its journey to position itself as an international epicenter for industry and innovation, the Ministry envisions the sector’s enhanced competitiveness achieved through multifaceted technological integration, unwavering commitment to sustainability, and a seamless transition to a circular economy.
“The confluence of WETEX and Dubai Solar Energy Show underscores the UAE’s unwavering dedication to sustainability and optimal resource utilization. Anchored by visionary leadership, robust infrastructure, and active participation in the circular economy and sustainable development arena, this event stands as a testament to the nation’s resolute commitments. In resonance with the UAE’s proclamation of the ‘Year of Sustainability’ and the visionary Dubai Clean Energy Strategy 2050, the event serves as a dynamic catalyst propelling innovation, clean energy integration, and knowledge exchange across the water, energy, and environmental domains,” remarked HE Dawoud Al-Hajri, Director General of Dubai Municipality.
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