Written By: Emma Websdale
The United Arab Emirates and Denmark -two of the world’s largest players in clean energy -have signed an agreement to collaborate on renewable energy and global sustainability.
The agreement was signed this week at the World Future Energy Summit in Abu Dhabi by Dr. Sultan Al Jaber, chief executive of Masdar (Abu Dhabi’s pioneering renewable energy initiative), and Rasmus Helveg Petersen, the Danish Minister for Development Cooperation.
The agreement identifies nine areas of collaboration that focus on clean energy and sustainability. Among these are policy exchange to support sustainable development and commercial renewable energy development, clean energy usage and storage technologies, and advancing carbon capture.
One of the first initiatives of the collaboration is the establishment of a “Danish incubator” at Masdar City. The development will serve as a hub for technology companies and will allow Abu Dhabi to benefit from educational training and job exchange programs.
“The world must diversify its energy sources and accelerate cutting-edge technologies that enable societies to be more resource efficient”, says Dr. Sultan Al Jaber. “Increased collaboration is critical in meeting rising global energy demands and mitigating the effects of climate change. Solving these two challenges, however, must be viewed as an economic opportunity in order to attract private sector investment and to push the boundaries of technology.”
Currently, Denmark ranks as one of the world’s leaders in energy sustainability. The country produces almost 100% of its energy from renewable-energy sources. In addition, green technologies now contribute to 11% of the country’s exports.
The United Arab Emirates (UAE), meanwhile, is at the forefront of developing renewable energy in the Middle East/North Africa region, including the construction of the world’s first carbon-neutral zero waste city.