A view of Solar Panels part of the Terra Pavilion at Dubai EXPO 2020 on November 29, 2021 in Dubai, United Arab Emirates. Photo Credit: Anadolu Agency/Getty Images

Environment UAE2. July 2022

Another $50 Billion Investment for Our Earth? “Yes,” Says This Country!

The United Arab Emirates (UAE) has pledged to invest an additional $50 billion in environmental protection – namely through the deployment of clean energy both at home and abroad – on top of the over $50 billion already invested towards renewable energy projects.

“Due to the future-oriented vision of its wise leadership, the UAE has joined the ranks of countries at the forefront of the fight against climate change,” says Minister of Climate Change and the Environment, Mariam bit Mohammed Almheiri. “We have issued environmental protection laws and strategies and rolled out relevant initiatives. We have also adopted a proactive approach to promoting clean energy solutions as the sustainable, alternative energy sources of tomorrow.”

The President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, recently announced the UAE’s latest commitment at the Leaders Meeting of the Major Economies Forum on Energy and Climate. The UAE’s journey to a greener future is over three decades in the making. The new strategies are expected to be long-term and ultimately aid in a more sustainable future for the generations to come. 

Source:
Emirates News Agency - WAM

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