PARIS - The United Arab Emirates shared insights in
accelerating technology and innovation as a solution to climate change at the
Lima-Paris Action Agenda Innovation Day event, led by the International Energy
Agency at the 21st meeting of the conference of parties (COP21) of the United
Nations Framework on Climate Change Convention.
During the panel session titled,
Enhancing Innovation Capacity Building and Financing in Developing Countries,
Dr. Thani Ahmed Al Zeyoudi, UAE Permanent Representative to the International
Renewable Energy Agency (IRENA) and Director of Energy and Climate Change
(DECC) Department at the Ministry of Foreign Affairs, discussed government
roles in helping to remove barriers to financing and to building capacity.
"Innovation is crucial for all
countries in addressing the impacts of climate change," said Dr. Al
Zeyoudi. "Through innovative solutions, the UAE is diversifying its
economy, attracting foreign investment, and forging public-private partnerships
to deploy renewable energy projects in developing nations, all of which also
contribute in reducing carbon emissions."
In a separate panel discussion titled,
Financing Innovation to Take Action to the Next Level, Masdar CEO Dr. Ahmad
Belhoul spoke on the UAE’s actions to deploy clean energy technologies
domestically and abroad.
"Deployment of clean energy
innovation is fundamental to economic growth and prosperity," said Dr.
Belhoul. "Many of Masdar’s projects feature innovative, systematic
solutions to pressing challenges of climate change and have strong potential to
become game changers in the industry, while still being commercially
viable."
The panel sessions were part of a
series of discussions to showcase successes and plans to scale up clean energy
research and development to deliver energy sector transformation.
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