A green economy plays a major role in the context of sustainable development and poverty eradication by enhancing the ability to manage natural resources sustainability, with lower negative environmental impacts, while increasing resources’ efficiency and reducing waste. The recent passage of the 2030 Agenda for Sustainable Development and the Paris Agreement on Climate Change has seen strong levels of commitment by world leaders to shift to a green economy.
The World Green Economy Organization (WGEO) emerged in this context as an organization that intends to support global actions towards the green, low-carbon, climate-resilient development model. The WGEO seeks to promote the widespread acceptance and increased importance of a green economy in the context of sustainable development and poverty eradication, by linking financing, technology, capacity building and other elements of the enabling environment for a green economy.
It is in this spirit that the United Arab Emirates represented by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in partnership with the United Nations officially launched WGEO in Dubai in 2016 to serve as an international platform dedicated to facilitating public and private partnerships, and promoting international cooperation and knowledge sharing towards increased adoption of a green economy. Subsequently, the Dubai Electricity and Water Authority (DEWA) stepped up to support the establishment of WGEO on behalf of the UAE Government.
This session will provide participants with the opportunity to discuss the mission and the vision for the WGEO in providing holistic catalytic support to promoting the green economy agenda, as well as to review the proposed strategic outlook for the organization.