Inspired by the growth of digital technologies and Artificial Intelligence, AI, in boosting the economy, the annual World Green Economy Summit, WGES 2018, will focus on developing the digital economy and integrating it with the green context.
The summit is a strategic platform to share and exchange knowledge and bring to focus new technologies that drive the growth for a green economy including improvements in energy efficiency, energy conservation and waste reduction. WGES is set to take place from October 24th to 25th under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister 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 will be held in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, to keep abreast of the rapid changes in technology and its futuristic advancement especially the fourth industrial revolution and particularly digital and AI that are accelerating the pace of change. Serving as the new growth drivers, these new forms of technology will not only transform the world, but also make disruptive changes towards creating a more sustainable economy," said Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy in Dubai and Chairman of WGES.
"Focusing on new mechanisms, including crypto currencies, blockchain technologies, robotics, machine learning and Internet of Things, IoT, WGES will discuss the role of technology and how it serves as an incentive to promote green economy. In addition, the summit will also focus on the interplay between the digital transformation and its embedded innovation in the green transition initiatives.
"WGES will serve as a strategic platform for all stakeholders of the green industry to connect and cooperate, whilst formulating strategies to boost a green global landscape," he added.
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.
While the summit will highlight emerging strategies along with innovative technologies, best practices and valuable insights, it will also offer participants an opportunity to learn and intensify knowledge from proven real-world case studies in the industry.