MoU Agreement Will Help Transition To Green Economy
GE has signed a Memorandum of Understanding (MoU) with the UAE Independent Climate Change Accelerators (UICCA), a think tank and accelerator focused on driving the transition to a green economy. The agreement aims to collaborate across three broad actionable pillars to build momentum around climate action in the UAE and beyond.
The three key pillars focus on youth and diversity, innovation and technology, and policy collaboration. The first pillar will engage young people and diverse communities in climate change solutions through a multi-pronged approach, while the second will lead joint efforts in research to develop and promote breakthrough technologies that have the potential to be deployed at scale in the region and beyond. Under the third pillar, the two entities will help accelerate the energy transition by collaborating with stakeholders in government, research centres, think tanks, and independent organisations to develop and advocate informed policy recommendations that support climate solutions.
GE and UICCA demonstrated their commitment to growing a strong and diverse pipeline of future tech leaders in the UAE capable of delivering impactful clean energy solutions by hosting a day-long capacity-building event in partnership with INJAZ UAE.
The ‘Youth United for Sustainability’ event was attended by senior leaders from all partner entities, and more than 100 university students from across the UAE gained valuable hands-on, STEM-based learning experience. The students focused on devising a balanced energy mix for the UAE that addresses the three key pillars of the energy trilemma: sustainability, reliability, and affordability.
GE believes that breakthrough energy technologies will be critical in addressing the energy transition and helping countries and customers meet their climate and sustainability goals. By leveraging the power of technology, fostering impactful technology innovations, and harnessing the potential of policy advocacy, GE and UICCA aim to accelerate energy transition efforts and empower the nation’s youth. The MoU reflects a mutual interest and commitment in collectively forging a solutions-oriented agenda to accelerate progress towards carbon neutrality in line with the UAE’s Net Zero goals.