ABU DHABI — The United Arab Emirates (UAE) wants to boost its clean energy technologies and investment through cooperation with global leaders in the industry, such as Denmark
On Monday, the two countries signed an agreement to cooperate in nine areas to advance renewable energy and sustainability globally.
The agreement was signed by Sultan Al Jaber, UAE minister of state and chief executive officer of Masdar, and Rasmus Helveg Petersen, Danish minister of development cooperation. The signing ceremony was attended by Danish Crown Prince Frederik.
The two countries will cooperate in the fields of policy exchange to support sustainable development; commercial renewable energy development; advancing carbon, capture, usage and storage technologies, and human capital development through education and job exchanges, among other areas.
Denmark and the UAE are among the world’s leading new-energy, sustainability players.
The UAE, through Masdar, is at the forefront of renewable energy and clean technology investment — delivering nearly 1 gigawatt of clean power globally.
Denmark is widely recognised as one of the world’s leading sustainable societies. Denmark is set to generate 100 per cent of its energy from renewable sources and nearly 11 per cent of the county’s total exports are green technology products, according to official data.
Danish Ambassador to the United Arab Emirates Poul Hoiness told The Jordan Times on the sidelines of the agreement that in December of last year nearly 75 per cent of Denmark’s electricity generation was from produced from the wind energy.
“The world must diversify its energy sources and accelerate cutting-edge technologies that enable societies to be more resource efficient,” Jaber said during the signing ceremony, adding that more international cooperation is needed to meet rising global energy demands.
Under the agreement, one of the areas of collaboration is establishing a Danish Incubator at Masdar City — Abu Dhabi’s low-carbon, sustainable city — to serve as a hub for Danish companies and to accelerate the adoption of sustainability technologies in the MENA region.
Executives from some of Denmark’s leading multinational companies are taking part in the World Future Energy Summit, being held as part of the Abu Dhabi Sustainability Week.
