During the Opening Ceremony and in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the World Green Economy Organization “WGEO” was launched to promote the green economy concept regionally and globally – an initiative of the Dubai Government, supported by the United Nations Development Programme (UNDP).
It was agreed that, to implement the Paris Agreement and to achieve the 2030 Sustainable Development Goals, high-level government action will work along with non-state stakeholders like regions, cities, businesses, civil societies, educational institutions.
Discussions were held to emphasise the importance of Public Private Partnerships (PPPs) in facilitating the implementation of renewable energy projects as well as their significance as a knowledge-sharing platform. It was also established that the challenges in joining the renewable energy projects is the lack of awareness about suitability and costs.
It was agreed that in addition to smart technology and data, sustainability, innovation and creativity are what makes a city ‘smart’, depending on the role of the business and across the public and private sectors.
A productive dialogue was held on how to bring the Paris deal from agreement to action at COP 22, reinforcing WGES’ role as a key platform for action in climate change mitigation and adaptation.
Finally, the Dubai Declaration was announced, outlining Dubai’s commitments within the strategic objectives of Dubai the Global Capital of the Green Economy, Global Partnerships, and Green Finance.