The UAE announced the formation of the “Global Energy Efficiency Alliance” at COP29. The alliance aims to double annual global energy efficiency rates by 2030 and lower emissions.
This program is consistent with the UAE’s historic ‘UAE Consensus’ from COP28, in which countries, organisations, and businesses agreed to lowering carbon emissions and reducing natural resource usage. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), spoke to WAM on the sidelines of the UAE’s national pavilion activities during COP29 in Azerbaijan.
He went on to say that the UAE’s decision to establish the Global Energy Efficiency Alliance stemmed from a global desire to promote energy efficiency, and that discussions with many governments around the world welcomed the Alliance’s formation.
Al Olama highlighted that the UAE will lead this alliance by sharing best practices in energy efficiency, information transfer, and private-sector cooperation models.
He urged governments, organisations, and leaders to join the alliance and work together to establish ambitious targets that promote investments in energy efficiency projects and develop the laws and technologies required to accomplish sustainability goals.
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