Dubai: A Nexus for Global Green Innovation as World Green Economy Summit Enters Its 11th Year
The World Green Economy Summit (WGES) in Dubai, now in its 11th edition, stands as a testament to the United Arab Emirates’ (UAE) sustained commitment to advancing global sustainability initiatives. Under the esteemed patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, this year’s summit has attracted an impressive roster of international leaders, experts, and innovators, reinforcing Dubai’s status as a key player in the global green economy.
Inaugurated by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, the summit represents a collaborative effort, organized by the Dubai Supreme Council of Energy, the Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organization (WGEO). Its theme, “Innovating for Impact: Accelerating the Future of the Green Economy,” encapsulates the event’s mission to explore and enhance pathways toward sustainable economic development that prioritize both environmental integrity and economic viability.
Throughout the summit, over 100 distinguished speakers—including ministers and industry pioneers—delivered insights and engaged in productive dialogue, addressing crucial pathways toward a sustainable global economy. The opening address was marked by the remarks of His Excellency Saeed Mohammed Al Tayer, who serves as the Vice Chairman of the Dubai Supreme Council of Energy, in addition to his roles as Managing Director and Chief Executive Officer of DEWA, and Chairman of WGEO.
In a pointed commentary on the intersection of innovation and climate action, Al Tayer emphasized the UAE’s notable advancements in integrating technology into environmental strategies. The UAE currently ranks second globally and first in the region in artificial intelligence as of 2025, a reflection of its forward-thinking approach to addressing climate challenges. According to Al Tayer, the nation’s investment in artificial intelligence is projected to contribute a staggering AED 350 billion (approximately .2 billion) to the economy by the year 2030, a figure that constitutes 14 percent of the country’s GDP.
This year’s summit also spotlighted the significant uptick in global investments in clean and renewable energy. Data released indicates that such investments surged by 11 percent in 2024, culminating in a remarkable USD 2.1 trillion. Looking ahead, forecasts suggest that renewable generation capacity is set to expand by an astonishing 84 percent by 2030 and to effectively double by 2050. This projection underscores the growing recognition of the critical role that innovation plays in enhancing photovoltaic efficiency, energy storage, and grid flexibility—elements that are essential for the broader transition to renewable energy.
The World Green Economy Summit serves as an unparalleled platform for policymakers, researchers, and thought leaders to converge and collaborate. The event emphasizes the importance of a cohesive approach to climate action, particularly in relation to financing mechanisms designed to propel green initiatives. Moreover, the summit places a strong emphasis on youth leadership, recognizing the vital role that younger generations will play in shaping a sustainable future.
In this context, the UAE’s proactive initiatives aim to solidify its position as a leader in driving global green transformation. By fostering environments conducive to innovation and collaboration, the WGES not only addresses the pressing challenges posed by climate change but also aligns with the UAE’s broader vision of sustainability.
The convergence of innovation, investment, and collaboration at the World Green Economy Summit underscores Dubai’s critical role as a hub for the evolution of a low-carbon economy. As the effects of climate change become increasingly evident, such events serve not merely as forums for discussion but as catalysts for tangible action, steering global efforts toward a more sustainable trajectory.
As the summit unfolds, it continues to galvanize stakeholders from diverse sectors, presenting a unified front in the quest to mitigate climate-related challenges while simultaneously fostering economic growth. This invaluable gathering, positioned at the crossroads of innovation and sustainability, is emblematic of the UAE’s ambitious agenda for a greener future.
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