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Energy ministers push for renewables investment
During the Abu Dhabi Sustainability Week (ADSW), energy and finance leaders met to discuss ways to encourage greater private sector investment in renewable energy in an effort to combat climate change. The discussion was hosted by Greg Barker MP and Dr. Sultan Ahmed Al Jaber, UAE Special Envoy for Energy and Climate Change and CEO of Masdar. The event included more than 30,000 participants from 150 countries
During the event Greg Barker said:
“This is an important agenda. Not just for the environment but for business. The opportunities for the global, low-carbon economy are huge and growing at an exponential rate. Clean energy and a range of resource efficient projects can expect growing interest in attracting investment as new financial participants crowd into this fast developing market".
Attendees at Abu Dhabi Sustainability Week included the likes of European Investment Bank, Citi Corporate and Investment Banking, Bloomberg New Energy Finance, UK Green Investment Bank and others.
