Category Archives: Sustainaibility

World Green Economy Summit 2018 to kick off in October amid growing adoption of new technologies

The fifth edition to focus on green capital, digital transformation & leadership and social engagement

 Dubai, UAE, 21 May 2018: The annual World Green Economy Summit (WGES 2018) will be organised in Dubai to tackle global issues and important strategies, including the digital age and its impact on building a ‘green’ and sustainable future growth across industries. This was announced today by the organising committee of the fifth World Green Economy Summit ‘WGES 2018’.

WGES is set to take place from October 24th to 25th under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The summit is organised by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO) in collaboration with international partners under the theme ‘Driving Innovation, Leading Change’.

WGES 2018 will focus on three main pillars, green capital, digital transformation, and leadership and social engagement. The event will gather financial executives, investment professionals, and thought leaders to discuss ways to increase green capital flows into regional and global environment-friendly projects and how to de-risk those investments.

WGES 2018 will also focus on developing the digital economy and integrating it with the green economy. The summit will discuss the latest smart technologies and digital breakthroughs that promise to accelerate green growth and sustainable development.

On leadership and social engagement, the event will examine the ongoing shift to a green economy – a phenomenon that many fears may lead to human insecurity and inequalities, job losses, and social deficits. Participating leaders and supporters of green innovation initiatives are expected to exchange knowledge and best practices to address the economic and social impact of these programmes.

“Holding WGES 2018 comes in line with the far-sighted vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to enhance sustainable development in the UAE as well as reinforcing Dubai’s position as a global capital of green economy. The summit also forms a vital aspect of the UAE Centennial 2071 for the UAE to become the best country in the world in 2071;the UAE Vision 2021; the Dubai Plan 2021 and our continuous efforts to achieve the goals of Dubai Clean Energy Strategy 2050 that aims to provide 7 per cent of Dubai’s energy from clean energy sources by 2020, 25 per cent by 2030 and 75 per cent by 2050, not to mention the UAE Strategy for the Fourth Industrial Revolution that aims to achieve a competitive national economy based on knowledge, innovation and futuristic applications by integrating physical, digital and vital technologies,” said HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy in Dubai, Managing Director and CEO of DEWA, and Chairman of WGES.

H.E Saeed Mohammed Al Tayer MD&CEO – DEWA

“New and advanced technologies are the key to a successful and genuine digital transformation and green economic growth. It is important therefore that all of us in the green economy to formulate major policies and frameworks encouraging relevant technological developments that will benefit society as a whole. Focusing on three main pillars, DEWA and WGEO are organising WGES 2018 to strengthen Dubai’s leading position as a global model for clean energy and green economy by using the disruptive technologies of the 4th industrial revolution, such as Artificial Intelligence (AI), UAVs, energy storage, blockchain, the Internet of Things and many more,” added Al Tayer.

Abdul Rahim Sultan, Director of WGEO, added: “The Summit will be crucial to promoting the widespread acceptance and increased importance of the green economy in the context of sustainable development. We are confident that the inputs from this year’s WGES will contribute to promote implementation of green economy policies at all levels, in a manner that endeavours to drive sustained, inclusive and equitable economic growth through providing us an interactive platform where we can share relevant best industry practices and latest innovations.”

The UAE is the first in the Arab world and the region as per the index of realising global green economy and it is at the forefront of the green transformation and renewable energy. In this regard, Dubai has launched Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world based on the Independent Power Producer model. Supporting the Dubai Clean Energy Strategy 2050, this ambitious project aims to transform Dubai into an international hub for clean and renewable energy.

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Falconcity of Wonders fosters knowledge exchange in first Arab Land Conference as key to addressing sustainable land use  

Developer supports pioneering regional platform as Platinum Sponsor

 February 26, 2018

As part of its commitment to sustainable land use development in the Arab region, Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project currently being built in Dubai, has provided support as the Platinum Sponsor, for the Arab Land Conference, being held for the first time under the patronage of the Dubai Government and the Arab League. The event is serving as a strategic platform for discussing the latest research and innovation in land governance and other regional experiences in partnership with the World Bank, Global Land Tool Network, UN-Habitat, and the Arab Union of Surveyors.

The conference saw the participation of ministers and other top-level government officials across the region, land experts, the academe, businesses, international organizations, aid agencies and civil society representatives.

H.E. Salem Ahmad Almoosa, Chairman and General Manager of Falconcity of Wonders LLC, was also presented with an award in appreciation of the strategic role as Platinum Sponsor of the first Arab Land Conference.

Commenting on the conference, H.E. Salem Ahmad Almoosa, Chairman and General Manager of Falconcity of Wonders LLC, said: “Dubai’s hosting of the first Arab Land Conference is a landmark event and a timely initiative which highlighted the trends in land use and regulations in the region. Falconcity of Wonders fully supports such activities and we are positive that our participation helped in facilitating the exchange of knowledge amongImage (15).jpg stakeholders and further contribute towards meeting the UN’s Sustainable Development Goals. We find it a valuable endeavour to support such events that contribute to social and economic development, particularly in real estate development in the Arab region. We are thankful for this opportunity and we remain supportive of such activities in every feasible way.”

Empower highlights the latest district cooling systems to Sheikh Hamdan Bin Rashid Al Maktoum during his visit at WETEX  

 

The District cooling capacity to reach 1.340 million RT by the end of 2017Image (11)

Dubai, UAE, October 23, 2017

His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance and President of DEWA, visited the stand of Empower, the world’s largest district cooling services provider, and was briefed on the success and achievements of the company and its latest district cooling technologies at this year’s edition of the Water, Energy, Technology, and Environment Exhibition (WETEX), which is running until the 25th of October 2017 at the Dubai International Convention and Exhibition Centre (DICEC). His Highness was accompanied with HH Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority who were met by Ahmad Bin Shafar, CEO of Empower, who gave a brief presentation on the company’s latest projects and initiatives.

During their visit to the Empower stand, the visitors learned more about the company’s latest range of district cooling solutions and its commitment towards increasing awareness on the importance of utilizing energy-efficient, environmentally-friendly cooling products and services. Company representatives present at the stand provided briefings and presentations about the strategic role played by the district cooling facilities in the unified efforts to conserve energy, protect and preserve the environment and help drive in reduction of carbon emissions as compared to conventional cooling systems. The company paid particular focus on the recent achievements made by its third Business Bay cooling plant, which achieved LEED Gold Certification from the US Green Building Council. The certification demonstrates the company’s continuing commitment towards adopting the most stringent sustainability policy implemented in the cooling services industry today.

Ahmad Bin Shafar, CEO, Empower, said “We are truly humbled with the enormous response from the participants and visitors toured Empower stand at WETEX 2017. The positive responses have inspired us to further our efforts in achieving sustainability, protecting the environment and serving as an example for other companies and organizations to follow. Our presence at the show has allowed us to showcase our latest achievements–including our highly advanced cooling plants in Business Bay, which has garnered wide attention and response from WETEX visitors and participants.”

Empower’s participation at WETEX and WGES reflects its continuing commitment towards providing world-class district cooling services to Dubai. Both the events serve as a platform to throw the spotlight on Empower’s newest range of cooling services while also providing key insight on the region’s rapidly thriving district cooling segment. In addition, Empower also had the opportunity to outline innovative and eco-friendly solutions that can help in the ongoing efforts to preserve natural resources and protect the environment.

“Being the world’s largest district cooling services provider, we promise to stay the number one company in the industry and will always maintain our position. Empower places key importance in participating in international events like WETEX and WGES as it not only gives us the opportunity to consolidate our regional presence but also allows us to share our industry insights and interact with local and international companies–giving way to potential opportunities and the development of new solutions in energy efficiency and water conservation,” concluded Bin Shafar.

Empower provides environmentally responsible district cooling services to large-scale real estate developments such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah, Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World trade Centre Residences, Dubai Design District, among others.