Latest / DEWA Podcasts / Second day sessions of World Green Economy Summit 2026 explore ways to boost green finance
Transcript
- 0:11The summit was organized by the Dubai Supreme
- 0:17Council of Energy, the Dubai Electricity and
- 0:19Water Authority, and the World Green Economy
- 0:21Organization. It took place on the 21st and 22nd
- 0:25of October, 2026, at the Dubai World Trade Center.
- 0:28under the theme From Success to Scale, showcasing
- 0:31the green economy. On blended finance, His Excellency
- 0:34Dr. Ali Gharid Youf, Senegal's Minister of Environment
- 0:37and Ecological Transition, Naveen Raza of HSBC,
- 0:40and Joan Larea of Convergence Blended Finance
- 0:42were moderated by Jonathan Maxwell of Sustainable
- 0:45Development Capital. They cited high financing
- 0:47costs and limited data as barriers and urged
- 0:49guarantees, insurance, and public -private partnerships.
- 0:53On climate resilience, moderator Rebecca McLaughlin
- 0:56-Eastom was joined by His Excellency Stephen
- 0:59Victor, Palau's Minister of Agriculture, Fisheries,
- 1:02and the Environment, Dr. Shargil Bashir of First
- 1:06Abu Dhabi Bank, Priya Sarma of Unilever, and
- 1:09Marina Antonopoulou of Emirates Nature WWF. Antonopoulou
- 1:14said, communities don't live in isolation. They
- 1:17live in seascapes or landscapes, so you have
- 1:20multiple users and multiple players operating.
- 1:23So it's very important to make sure that we listen
- 1:25to those communities and understand how they
- 1:28depend on nature or natural ecosystems. The session
- 1:32on AI for Energy Access, Grid Transformation,
- 1:35and Energy Security was moderated by Ahmed Al
- 1:38-Amra of the Global Green Growth Institute. Speakers
- 1:42were His Excellency Thorik Ibrahim, Ambassador
- 1:45of the Maldives to the UAE, Saifuddin Hamdi of
- 1:48the African Development Bank Group, Bilal Khurshid
- 1:50of Microsoft, Mudassar Asghar of GE Vernova,
- 1:54Kais Al -Sawadi of Taka, Hulud Al -Awadi of MoroHub,
- 1:58and Wafa Al -Sawa of Intel. On green finance
- 2:02in the GCC, Sukuk comprised 44 % of outstanding
- 2:06ESG -related debt issuance. Rebecca McLaughlin
- 2:09-Easton moderated Alexander Limpka of Connect
- 2:12Earth, Bashar al -Nator of Fitch Ratings, Avinash
- 2:16Kumar of Earthhood, and Syed Adil Abbas of the
- 2:19World Bank. On clean water, Anne Ligwinique of
- 2:22Veolia Water Technologies and Kai -Uwe Berger
- 2:25of A1 Water and Energy Group, moderated by Stefano
- 2:29Castoldi of EY, warned that global water demand
- 2:32will exceed supply by 40 % within a decade, requiring
- 2:36about $300 billion in investment. The $7 trillion
- 2:41opportunity session, moderated by Katie Jensen,
- 2:44featured Aditya Saraswat of Rystad Energy, Yusuf
- 2:48Luta of Luta Biofuels, Sanjay Komara of ExcelOne,
- 2:53and Jonathan Keys of ING. Solar power and batteries
- 2:57led, while hydrogen faces cost challenges. In
- 3:01Electricity for All, Najeeb Saab of the Arab
- 3:04Forum for Environment and Development. Angela
- 3:06Hamsi, and Aisha Mohammed Al -Abdulli of the
- 3:09UAE Ministry of Climate Change and Environment
- 3:12took part. Hamsi said Ignite Energy Access has
- 3:15connected 20 million people and targets 100 million
- 3:19by 2030. On proving returns, 77 % of executives
- 3:24say sustainability investments now outperform
- 3:27others. Katie Jensen moderated Jonathan Maxwell,
- 3:30Jessica Robinson of Solve Strategies, and Robin
- 3:33Butteras of Deloitte Middle East, who noted that
- 3:36around three -quarters of primary energy is wasted.
- 3:39On agentic AI, 74 % of organizations remain stuck
- 3:44in the pilot stage, against the UAE's goal of
- 3:473 trillion dirhams in GDP by 2031. Mira Al -Jazmi
- 3:52of Enoch moderated Saif Al -Khabi of the Sofra
- 3:55app. Mohamed Al -Balouchi of the Abu Dhabi Department
- 3:57of Energy and Musa Al -Mansouri of SAP. Finally,
- 4:02on food production, Gita Bahmad of the Food Engineer
- 4:05and Marie Deschamps of Gombook said a 0 .4 %
- 4:09rise in topsoil carbon could offset annual global
- 4:12emissions and highlighted 62 ,000 UAE food sector
- 4:16jobs expected by 2045.