20 DEC 2020
Masdar and Atlantic Council explore opportunities for US-UAE cooperation on global clean energy deployment
• Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar and Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, participate in latest episode of ADSW Web Series, held in partnership with Atlantic Council
Abu Dhabi, United Arab Emirates, December 20, 2020 – Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, was joined by Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, during the latest episode of the Abu Dhabi Sustainability Week (ADSW) Web Series, which was held in partnership with the Atlantic Council.
Joining the episode from Jakarta, Indonesia, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar said: Masdar and its Indonesian partners recently kicked-off South-East Asia’s largest floating solar PV project and one of the largest in the world. This is a tremendous step for a nation that relies heavily on coal and diesel generation, but this is only the beginning.
“We can expect a new approach from the US administration on energy priorities, while there is optimism that clean technologies will take the lion’s share of the stimulus package the world needs after Covid-19 – to get people back to work and re-ignite economic activity.”
This year, Masdar made its second strategic investment in the US market to acquire a 50 percent stake in eight utility-scale projects across Nebraska, Texas and California. Strategic partnerships have been central to Masdar’s global success, with the company deploying nearly 11GW of capacity in over 30 countries.
Carlos Pascual, Senior Vice President for Global Energy at IHS Markit said, "The global movement to Net 0 emissions will send national governments into a hyper-regulatory period to meet the commitments of about 125 countries that, with the addition of the Biden Administration, will cover 66% of global emissions. Investment incentives and flows for energy producers and financial investors will shift profoundly toward clean energy. For Masdar and the United States, the opportunities to partner on technology and innovation will be unprecedented.”
According to the International Renewable Energy Agency, the transition towards a decarbonized global energy system will require scaling up investments in the energy sector by an additional US$15 trillion by 2050, with a total of US$110 trillion being invested in the global energy system during that period.
The ADSW Web Series provides a year-round global platform for maintaining dialogue on issues and topics that are shaping the global sustainability landscape.
Abu Dhabi Sustainability Week will be held virtually from 18 – 21 January 2021, featuring a series of high-level virtual events, including the ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth Dialogue program and the World Future Energy Summit Webinars.
Registration is now open for the ADSW Summit, which will focus on the pillars of “Live & Move”, “Care & Engage”, and “Work & Invest” – with each pillar exploring social, economic and technological opportunities to achieve a ‘green recovery’ post COVID-19.
ADSW 2020 welcomed 45,000 attendees from over 170 countries, including the UAE’s leadership, 10 heads of state, 180 international ministers, and over 500 representatives from the world’s media.
To watch the full web series episode click here.
To register for the ADSW Summit click here
To register for the Atlantic Council Global Energy Forum click here
For more information on ADSW 2021 and future web series episodes, please visit ADSW.ae or follow us @ADSWAgenda on social media.
About Abu Dhabi Sustainability Week
Abu Dhabi Sustainability Week is a global platform for accelerating the world’s sustainable development. The week brings together a unique fusion of policy makers, industry specialists, technology pioneers and the next generation of sustainability leaders. Through its initiatives and events, ADSW is a catalyst for sharing knowledge, implementing strategies and delivering solutions to drive human progress.
ADSW is committed to furthering our understanding of the major social, economic and environmental trends shaping the world’s sustainable development.
Abu Dhabi’s renewable energy company Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Wholly owned by Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, our mandate is to help maintain the UAE’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Today, Masdar is active in more than 30 countries, including the UAE, Jordan, Saudi Arabia, Mauritania, Egypt, Morocco, the UK, the US, Australia, Spain, Serbia, India, Indonesia, Uzbekistan, and many more.
27 NOV 2019
Abu Dhabi Sustainability Week Eco-Bus to Tour the UAE
- Aim of the Sustainability Bus tour is to encourage sustainable activities in local communities and raise awareness of ADSW 2020, one of the world’s largest sustainability gatherings that takes place from January 11-18
- The all-electric bus will tour the UAE’s seven emirates from November 28
Abu Dhabi, United Arab Emirates; November 26 2019: Masdar, the Abu Dhabi Future Energy Company and host of Abu Dhabi Sustainability Week (ADSW), has launched an eco-bus initiative that will tour the United Arab Emirates to raise awareness about the world’s largest sustainability gathering in January.
In partnership with Abu Dhabi Power Corporation and Hafilat Industry LLC, the Sustainability Bus will travel to key locations across all seven emirates to educate local communities about sustainability and climate change.
“This campaign is a great opportunity to engage local communities across all the seven emirates of the UAE to raise awareness about ADSW’s commitment to sustainable development,” said Dr Lamya Nawaf Fawwaz, Executive Director for Brand & Strategic Initiatives at Masdar. “Furthermore, it will highlight the UAE’s pledge to deliver on the UN Sustainable Development Goals and Masdar’s mission to advance renewable energy and clean technologies around the world over the past 13 years.”
“Through the Sustainability Bus, our aim is to get everyone in the UAE on board our sustainability journey with a range of activities and educational workshops to enable them to play their part in addressing climate change, whether that is through recycling, reducing their consumption of power and water, or using public transport more often,” Dr Fawwaz added.
Visitors to the Sustainability Bus will be introduced to Masdar and its strategic platforms Abu Dhabi Sustainability Week, the Zayed Sustainability Prize, and Youth 4 Sustainability. They will also learn how they can make a difference in helping to mitigate climate change at home, such as by recycling and using more energy-efficient appliances. Interactive workshops will also be offered to children.
The all-electric Sustainability Bus will visit every emirate in the UAE for a full weekend (Thursday to Saturday) from November 28. The tour starts at Al Rumailah, in Fujairah (November 28-30), before visiting Al Marjan Island in Ras Al Khaimah (December 5-7), Kite Beach in Um Al Quwain (December 12-14), Ajman (December 19-21), Al Majaz Waterfront in Sharjah (December 26-28), Dubai City Walk (January 2-4), and Abu Dhabi Corniche, East Plaza (January 9-11). The bus will end its journey at The Festival at Masdar City from January 16-18.
When launched at ADSW 2018, the Sustainability Bus was the first fully electric passenger bus in the region and served passengers on a number of routes in Abu Dhabi.
Launched in partnership with Abu Dhabi’s Department of Transport (DoT), Abu Dhabi-based manufacturer Hafilat Industry LLC, and electric motors maker Siemens Middle East, the bus has been designed to withstand the heat and humidity of the UAE climate. It has a lightweight aluminium body and a unique water-cooling system to optimise battery life and efficiency, even when the outdoor temperature is at its highest. The vehicle also has a highly energy-efficient on-board air-conditioning system.
09 SEP 2020
Abu Dhabi Sustainability Week reimagined for 2021 to help set agenda for green recovery from COVID-19
• Abu Dhabi Sustainable Finance Forum, ADSW Summit and other high-level events set to take place virtually in January
• Full physical program of ADSW postponed until 2022 to ensure the safety and well-being of all participants
Abu Dhabi, United Arab Emirates; September 9, 2020: Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from 18 to 21 January 2021 and reimagined virtually.
Ensuring the safety of all participants, ADSW 2021 and related high-level events during the week are set to take place virtually. In addition, partners including its host Masdar will collaborate on all events, including the ADSW Summit. The full physical program of ADSW is postponed to 2022.
The ADSW Summit hosted by Masdar will be held on January 19. Dedicated to ensuring a green recovery, the Summit will feature three sessions of speeches, presentations and panel debates, reaching a global audience across multiple time zones.
His Excellency Dr. Sultan Ahmed Al Jaber, UAE's Minister of Industry and Advanced Technology and Chairman of Masdar, said: “Abu Dhabi Sustainability Week embodies the United Arab Emirate’s proactive and forward-thinking approach to sustainability and its commitment to furthering our understanding of the major social, economic and technological issues shaping the world today.
“Holding ADSW in a virtual format in 2021 will allow us to continue to drive the sustainability agenda forward in the line with the vision of the UAE, ensuring that the world’s attention remains focused on the actions required to achieve a healthier, safer and more sustainable future for all.”
ADSW 2021 will reinforce the message that a decade of concerted action is required to deliver on the Sustainability Development Goals, and that the unprecedented challenges of COVID-19 have further illustrated the critical importance of achieving a truly sustainable recovery for all – one that combines the commitment, ambition and collaboration of governments, businesses and community stakeholders.
The IRENA Assembly takes place each year in the context of ADSW. Director-General, Francesco La Camera, said: “The annual Assembly is the supreme decision-making body of IRENA, tasked with addressing the most pressing matters on the global energy agenda and establishing the Agency’s priorities. As ever, the Agency remains responsive to the needs of its global membership. Despite the exceptional circumstances, we are confident that the next Assembly will embody the inclusiveness and transparency that has come to define it, while ensuring that IRENA retains a position at the forefront of a sustainable recovery and the broader global energy transformation.
The 2020 edition of Abu Dhabi Sustainability Week hosted around 45,000 attendees from 170 countries, with more than 500 high-level speakers from around the world.
05 DEC 2020
‘Green recovery’ to take center stage as ADSW Summit opens for registration
- The ADSW Summit, part of Abu Dhabi Sustainability Week, will explore the social, economic and technological opportunities for delivering a green recovery, bringing together global leaders from policy, industry and technology
- Hosted by Masdar, the virtual ADSW Summit will be held in partnership with the International Renewable Energy Agency (IRENA), Abu Dhabi Global Market and the Atlantic Council
- To ensure the safety of all participants, Abu Dhabi Sustainability Week 2021 and all related high-level events will take place virtually
Abu Dhabi, United Arab Emirates; November 29, 2020: Registration is now open for the ADSW Summit, part of Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, which will take place virtually in January 2021.
Hosted by Masdar, the ADSW Summit will, over three two-hour sessions, focus on the pillars of “Live & Move”, “Care & Engage”, and “Work & Invest”, with each pillar exploring social, economic and technological opportunities to achieve a ‘green recovery’ post COVID-19.
Alongside its health impact, the pandemic has heavily affected the global economy, with the International Monetary Fund estimating it could cost as much as US$28 trillion in lost output. Governments around the world are being urged to align their recovery efforts with sustainable development initiatives – the International Renewable Energy Agency (IRENA) has estimated that doubling annual global energy transition investments to US$2 trillion over the next three years would boost global GDP by 1 percent.
“The ADSW Summit along with Abu Dhabi Sustainability Week’s other high-level events will help set the global sustainability agenda for the year ahead – a year when sustainability will be at the center of the post COVID-19 discussion,” said Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar “By bringing together world leaders from government, industry and technology, we have an opportunity to accelerate the energy transition and demonstrate that green growth goes hand-in-hand with economic growth”
The ADSW Summit will be held on January 19, 2021, with the full ADSW program running from January 18-21. To ensure the safety of all participants, ADSW 2021 and all related high-level events will take place virtually. The full physical program of ADSW will return in 2022.
Alongside the ADSW Summit, ADSW will feature a series of high-level virtual events, including the IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, and the World Future Energy Summit Forums.
Masdar will also host the Youth Dialogue Week, which will bring young people from around the world together virtually to discuss how they can play a more active role in the implementation of both the United Nations Sustainable Development Goals and the UAE’s 50 Year Development Plan.
As the first global event in the year of the UAE’s Golden Jubilee, ADSW will help galvanize further collaboration among government, business and community stakeholders to achieve the United Nations Sustainable Development Goals.
For over a decade, Abu Dhabi has provided a sustainable platform for the global community that has grown through its initiatives and events to emerge as a thought leader and catalyst that accelerates sustainable development around the world.
ADSW 2020 welcomed 45,000 attendees from over 170 countries, including the UAE’s leadership, 10 heads of state, 180 international ministers, and over 500 representatives from the world’s media. High-level speakers included HE Joko Widodo, President of the Republic of Indonesia, HE Paul Kagame, President of the Republic of Rwanda and HE Sheikh Hasina, Prime Minister of the People’s Republic of Bangladesh.
To register for the ADSW Summit 2021, visit link.