Sustainability | Page 2

Dubai's Commitment to Net Zero by 2050 In November 2015, Dubai launched the Dubai Clean Energy Strategy 2050.

The success of the energy transition depends on the transformation of the global energy sector from fossil-based to zero-carbon sources by the second half of the century, which is why so many nations, companies and institutions have committed to net-zero targets.

From the early foundational years of the United Arab Emirates, the environment has been top of mind for the first leaders of the country.

Investments made in the adoption of mass solar power have resulted in strong R&D and have helped to drive down the global cost of solar power per unit of energy created.

Financing in this space globally climbed 17% and reached a peak in 2023, when global investment in cleantech and energy transition reached US $1.8 trillion.

Dubai is setting out to become a city with the lowest carbon footprint in the world by 2050, and heavy investments in renewables are paving the way. The new report is packed with data on Dubai's strategies, initiatives, and mega-projects that are propelling the emirate to a net zero future.

"With ReGen-R8, we aimed to provide a cheaper, cleaner, and capital-free option for accessing clean power."

The Future Hospitality Summit 2024 is set to take place from September 30 to October 2, 2024 at Madinat Jumeirah in Dubai.

"The Mega Green Accelerator is now assisting us in structuring and scaling our business, enabling us to build a solid reputation and leverage it effectively."

The BaseTrack team's ultimate goal is to ensure a transition from human-driven trucks to fully automated fleets that can be managed remotely and with reduced CO2 emissions.

"The investment in cleantech needs to accelerate greatly for the energy transition to become a reality."

"Kumulus Water's AWG machines reduce reliance on bottled water, mitigating plastic waste and carbon dioxide emissions along the way."

The accolades underscore Marafiq's leadership in environmental stewardship and its comprehensive environmental, social, and governance (ESG) strategy.

The Sustainability Innovation Awards 2024 celebrated the innovative initiatives that contribute to environmental stewardship, social responsibility, and economic development in the MENA region.

"We plan to conduct pilot projects with potential customers to demonstrate the effectiveness and cost-benefits of our technology."

"If your company is offering a more sustainable alternative to business as usual, your time is now. The world is conspiring to help you succeed."

One acre of hemp can replace up to four acres of forests, and they are capable of producing more oxygen as well—and knowing this made us wonder why do we not prioritize our health and the health of our planet?

"Solving climate change and building a sustainability business is a long journey, which will require immense patience, and the ability to educate those around you, whilst constantly learning and iterating."

The Surpluss members have, so far, generated more than US$2 million through exchanges on its platform.

Working to "be the change we want to see the world" is irrelevant, because we (as citizens in society) aren't enacting our citizenship strongly enough to create the change we need.

With the journey to net-zero emissions demanding radical transformations in how we produce, consume, and live, GenAI is arguably one of the most sophisticated pieces of technology at our disposal.