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Inspired by the growth of digital technologies and artificial intelligence (AI) in boosting the economy, the annual World Green Economy Summit (WGES 2018) will be staged in neighbouring Dubai and will focus on developing the digital economy and integrating it with the green context.
It will be 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.
The summit is set to take place from October 24 to 25 at the Dubai International Convention and Exhibition Centre and is being 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’.
Saeed Mohammed Al Tayer, vice chairman of the Dubai Supreme Council of Energy and chairman of WGES said: “Focusing on new mechanisms, including crypto currencies, block-chain 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.”
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 reduce the risk of the 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.
“WGES will not only discuss the latest smart technologies and digital breakthroughs that promise to accelerate green growth and sustainable development, but also encourage participants to reflect on the need for building up digital skills to transition smoothly to a green economy,” he added.
“Digital technology is a major game changer that will empower the development of the world in terms of economic growth, environmental protection and public health. From drones to remote sensing machines and modern communication channels, these new forms of technologies not only improve efficiency of the resources, but also protect the environment.
“As advancements in technology continue, it is important that we tap these innovative mechanisms for a green future, which is a win-win for the environment and the economy.
“While technology is an essential ingredient of green growth, private and public-sector involvement and financing is key to scale up these digital revolutions. By working together, these sectors can create a common platform for the exchange of ideas and expertise on green practices and technologies, generating greater prosperity for the environment.”
He is confident 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.
