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UAE to Contribute US$ 4.5 Million to Green Development

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His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, today announced that the UAE will contribute US$1.5 million annually for the period 2019 to 2021, cumulatively amounting to US$4.5 million, to fund the projects carried out by the Global Green Growth Institute (GGGI).

The announcement was made at the GGGI’s Assembly and Council, held at the South Korean capital, Seoul. His Excellency Dr Al Zeyoudi led the UAE delegation that participated at the assembly.

Reiterating the UAE’s commitment to green development, His Excellency Dr Al Zeyoudi said: “In the UAE, we are resolved to achieving a green economy as per the UAE Green Agenda 2030 adopted by the UAE Cabinet in 2015. During 2017-2018, we have made a lot of progress in the implementation of the Green Agenda 2030 and key policy developments with the assistance of the GGGI Abu Dhabi office team.”

He added: “The UAE Cabinet adopted the National Climate Change Plan 2050 in June 2017, which consolidates the country’s climate mitigation and adaptation initiatives under one integrated framework. As part of the Climate Plan implementation, we have recently conducted a comprehensive climate risk assessment across four key sectors and identified priority climate risks that require us to develop appropriate adaptation measures.”

Highlighting one of the initiatives in green development in the UAE, His Excellency added: “The development of green growth indices is not new to us.  We have already set 41 Green Key Performance Indicators to track the UAE’s progress towards achieving a green economy and offer regular updates through the UAE State of Green Economy Report. Furthermore, we launched the UAE Green Dashboard just last week, an open data platform which allows anyone to access and analyze underlying data on the 41 Green KPIs.”

The Minister held several bilateral meetings to boost cooperation in agriculture, food safety, green development and the recycling of industrial materials. These included a meeting with His Excellency Lee Gae-ho, South Korea’s Minister of Agriculture, Food and Rural Affairs, former UN Secretary-General Ban-Ki Moon, who is also GGGI’s Assembly President and Council Chair, as well as top officials from the Korean National Cleaner Production Centre.

Accompanied by His Excellency Abdullah Saif Al Nuaimi, Ambassador of the UAE to South Korea, His Excellency Dr Al Zeyoudi visited Korea Polar Research Institute, a statutory and government-funded research institution that is leading Korea’s national Polar program for both the Arctic and the Antarctic, to explore first-hand the institute’s research efforts and how it is engaging the youth and the public in polar studies. His Excellency was introduced to the key studies and research projects developed at the institute in the last 30 years.

Furthermore, His Excellency Dr Al Zeyoudi toured the Seoul Upcycling Plaza, Korea’s biggest upcycling complex, where he was introduced to the facility’s entire upcycling process, from material donation and collection to processing, production, and sales.