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UAE Advances in Sustainable Economic Development Through Strategic Initiatives

TL;DR

UAE leads in sustainable growth, offering global collaboration. Companies benefit from green initiatives, gaining a competitive edge.

UAE implements National DSM program, reducing carbon emissions by 11.2 million tonnes. Focus on key industries ensures energy efficiency.

UAE's initiatives drive innovation and environmental progress, aiming for a sustainable future. Global cooperation fosters economic growth and industry support.

UAE's 'Green Industries' initiative rewards businesses for sustainability. ADFD contributes AED 229 billion to support industries globally, emphasizing commitment to growth.

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UAE Advances in Sustainable Economic Development Through Strategic Initiatives

The United Arab Emirates (UAE) is setting a global benchmark in sustainable economic development through its strategic national initiatives. These initiatives, focusing on energy efficiency, environmental protection, and technological innovation, are part of the country's broader vision to harmonize economic growth with environmental sustainability. The National Demand Side Management (DSM) program stands out as a pivotal effort, having already reduced carbon emissions by 11.2 million tonnes by 2023. This program targets key sectors such as transport, agriculture, and construction to optimize energy use and bolster economic efficiency.

Under the guidance of its leadership, the UAE is also enhancing its global partnerships through the Global Councils on Sustainable Development Goals. This platform unites leaders from 17 countries to advance strategies in energy, investment, technology, and environmental protection. Such collaborations underscore the UAE's commitment to not only national but also global sustainable development.

The 'Green Industries' initiative, launched by the Environment Agency—Abu Dhabi, incentivizes businesses to reduce pollution and improve resource utilization. This initiative reflects the UAE's dedication to fostering a sustainable business environment that aligns economic prosperity with ecological responsibility. Furthermore, the Abu Dhabi Fund for Development has allocated AED 229 billion across 107 countries to support sustainable projects, highlighting the UAE's significant role in international development and its economic influence.

In the energy sector, the UAE has achieved notable progress, including a 76.4% reduction in natural gas flaring since the 1990s. The adoption of 'green diesel' for commercial vehicles further cements the country's leadership in clean fuel usage. These achievements are part of the UAE's Vision 2030, which sets ambitious targets to reduce energy demand in Dubai by 30%, cut nationwide carbon emissions by 30%, and save AED 10 billion. These goals demonstrate a comprehensive approach to sustainable development that integrates economic advancement with environmental care.

Ohood Bint Khalfan Al Roumi, Minister of State for Government Development and the Future, has reiterated the UAE's commitment to sustainable growth, emphasizing the strategic efforts to amplify sustainability initiatives. As the UAE continues to innovate and invest in sustainable technologies, it is emerging as a global leader in achieving a balance between economic development and environmental consciousness.

Curated from 24-7 Press Release

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