Latest / DEWA Podcasts / HH Sheikh Ahmed bin Saeed Al Maktoum inaugurates 12th World Green Economy Summit in Dubai
Transcript
- 0:00Today we discuss the 12th World Green Economy
- 0:02Summit, held at the Dubai World Trade Center
- 0:05on the 21st and 22nd of October, 2026. Under
- 0:09the patronage of His Highness Sheikh Mohammed
- 0:11bin Rashid Al Maktoum, Vice President and Prime
- 0:15Minister of the UAE and Ruler of Dubai, His Highness
- 0:18Sheikh Ahmed bin Saeed Al Maktoum, Chairman of
- 0:21the Dubai Supreme Council of Energy, inaugurated
- 0:24the 12th edition of the World Green Economy Summit.
- 0:27and emphasized the importance of international
- 0:29cooperation in supporting the transition to a
- 0:32competitive and sustainable green economy, while
- 0:35balancing economic growth with environmental
- 0:37protection. Organized by the Dubai Supreme Council
- 0:41of Energy, the Dubai Electricity and Water Authority,
- 0:44and the World Green Economy Organization, the
- 0:47summit carries the theme, From Success to Scale,
- 0:51showcasing the green economy. His Excellency
- 0:54Saeed Mohamed Al -Tair. Vice Chairman of the
- 0:57Dubai Supreme Council of Energy, MD and CEO of
- 1:01Dubai Electricity and Water Authority, and Chairman
- 1:03of the World Green Economy Organization, delivered
- 1:06the opening keynote. In his opening speech, His
- 1:09Excellency said, It gives me great pleasure to
- 1:12welcome you to the 12th edition of the World
- 1:15Green Economy Summit, held under the patronage
- 1:18of His Highness Sheikh Mohammed bin Rashid Al
- 1:20Maktoum, Vice President and Prime Minister of
- 1:23the UAE and Ruler of Dubai. I would like to begin
- 1:26by extending my sincere appreciation and gratitude
- 1:30to His Highness Sheikh Ahmed bin Sa 'id al -Maktoum
- 1:33for honoring the summit with his presence. I
- 1:36also warmly welcome the guests of Dubai and the
- 1:39United Arab Emirates. His Excellency then added,
- 1:42guided by the inspiring vision of the wise leadership
- 1:46of His Highness Sheikh Mohammed bin Zayed al
- 1:49-Nahyan, President of the UAE, and His Highness
- 1:52Sheikh Mohammed bin Rashid al -Maktoum, Vice
- 1:55President and Prime Minister of the UAE and Ruler
- 1:58of Dubai, the UAE has continued to consolidate
- 2:01its global standing in sustainability and climate
- 2:04action, while strengthening its leadership in
- 2:07building a sustainable green economy that stands
- 2:09as a global model for development and future
- 2:12prosperity. This year's summit theme, From Success
- 2:16to Scale, showcasing the green economy, embodies
- 2:19our ambition to move from the pioneering phase
- 2:22to the phase of global empowerment. Today, the
- 2:26question is no longer whether the green economy
- 2:28is the right choice, but how we can accelerate
- 2:31its adoption, broaden its reach, and amplify
- 2:34its impact so that it becomes a leading driver
- 2:36of sustainable development and economic prosperity
- 2:39around the world. His Excellency added, His Highness
- 2:43Sheikh Mohammed bin Rashid Al Maktoum states
- 2:46in his book, Life Has Taught Me, Lessons from
- 2:49Life, Part 2 The trust people place in our country
- 2:53is the currency of the future. It is what will
- 2:56attract investors and talent in artificial intelligence.
- 3:00It is what will bring us global partners in energy.
- 3:03It is what will give us access to the best technologies
- 3:06and investments in water. Trust is a scarce currency
- 3:10in our time, and its scarcity gives it immense
- 3:13value. If we lose it, we lose our most important
- 3:17national capital we possess. Through its pioneering
- 3:20achievements, the UAE has demonstrated that this
- 3:23trust is not merely an intangible value, but
- 3:26a strategic asset that has translated into global
- 3:29investments, partnerships, and advanced technologies,
- 3:33all contributing to a more sustainable future.
- 3:36We also highlight the UAE's trusted leading position
- 3:40in climate action and the green economy, exemplified
- 3:43by the historic UAE consensus reached at COP28,
- 3:47the UN climate change conference that was hosted
- 3:50by our nation. His Excellency added, ambition
- 3:54has transformed into tangible achievements and
- 3:57figures that reflect the accelerating transition
- 3:59to clean energy that accounted for 32 .4 % of
- 4:04the electricity generation mix in the UAE in
- 4:062025. In Dubai, we continue to accelerate progress
- 4:11toward a sustainable future. This year, we reached
- 4:1525 .8%, surpassing the original 2030 target,
- 4:19and we aim to raise this figure to 36 % by 2030,
- 4:24ultimately achieving 100 % clean energy production
- 4:27capacity by 2050. The Mohammed bin Rashid Al
- 4:32Maktoum Solar Park in Dubai which is the world's
- 4:35largest single -site solar park with total investments
- 4:38of 50 billion dirhams by 2030, stands as an integrated
- 4:42model of the green economy and sustainable development.
- 4:46It brings together clean power generation with
- 4:49research, development, testing and innovation
- 4:52in renewable energy, energy storage and green
- 4:56hydrogen, as well as green data centres and AI
- 4:59applications. And on taking that model to global
- 5:02markets, His Excellency added, Through its pioneering
- 5:06experience in the energy and water sectors, Dubai
- 5:09offers a practical model for scaling the green
- 5:12economy, drawing on its accumulated expertise
- 5:14in delivering major projects in energy, water,
- 5:18clean energy, digital transformation, and innovation.
- 5:22Alongside His Excellency Al -Tayr, the opening
- 5:25ceremony featured Her Highness Sheikha Dr. Shama
- 5:28bint Muhammad bin Khalid al -Nahyan, Chairperson
- 5:31of the Board of Sheikh Mohammed bin Khalid al
- 5:34-Nahyan Cultural and Educational Institutions.
- 5:37Her Excellency Dr. Amna bint Abdullah al -Dahak,
- 5:40Minister of Climate Change and Environment. His
- 5:43Excellency Abdullah Balala, Assistant Minister
- 5:46of Foreign Affairs, Energy and Sustainability.
- 5:49And Darren Kimura, President and CEO of AI Squared.
- 5:56Global energy investment is expected to reach
- 5:59around 3 .4 trillion U .S. dollars in 2026, around
- 6:042 .2 trillion U .S. dollars of it for clean energy,
- 6:08power grids and storage, nearly double the combined
- 6:11investment in oil, gas and coal, while the market
- 6:15value of the global green economy surpassed 10
- 6:18trillion U .S. dollars by mid -2026. Day two
- 6:23also brings green finance in GCC countries, clean
- 6:27water solutions and the next cycle of the Emirates
- 6:30Energy Award. From success to scale then. Turning
- 6:34ideas into projects, projects into impact and
- 6:38impact into scalable solutions.