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DEWA’s New Vision To Achieve Net-Zero By 2050 | |
| Sumita Pawar |
In line with its commitment to keeping pace with the government's plans and strategies that aim to achieve net zero by 2050 and the UAE’s efforts to promote the circular economy, the Dubai Electricity and Water Authority (DEWA) has updated its strategic plan, adding achieving net zero by 2050 to its vision.
According to the report, DEWA’s new vision is "a globally leading sustainable innovative corporation committed to achieving net zero by 2050."
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DEWA's mission statement has also been updated to read, "We are committed to and aligned with Dubai's 8 Guiding Principles and 50-Year Charter, supporting the UAE's directions through the delivery of global leading services and innovative energy and potable water solutions enriching lives and ensuring the happiness of our stakeholders for a sustainable Net-Zero carbon 2050."
DEWA’s corporate values include stakeholders’ happiness, sustainability, innovation, excellence, and good governance.
HE Saeed Mohammed Al Tayer, MD and CEO of DEWA, emphasised the company's commitment to regularly update its strategic plan in line with the government's plans to anticipate the future, innovate technologies, and employ them to achieve the best results.
"We have updated DEWA’s strategic plan to focus on ensuring net zero by 2050 and supporting the circular economy." This is in line with declaring 2023 as the "Year of Sustainability" in the UAE by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for sustainability as the cornerstone of all social, economic, and environmental development plans.
"This supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power production capacity from clean energy sources by 2050 and other inputs that support the transition to a sustainable green economy in Dubai and the UAE," added Al Tayer.
Al Tayer noted that DEWA is steadily moving towards reducing its carbon footprint to achieve net-zero carbon emissions by 2050.
"The production capacity of clean energy in Dubai is around 14% of Dubai’s total power production capacity using photovoltaic solar power (PV) and concentrated solar power (CSP)," he concluded.