emirates7 - The UAE, through its Ministry of Energy and Infrastructure (MoEI), participated in the G20 Ministerial Session in Brazil, aimed at fostering collaboration among G20 nations and addressing opportunities and challenges in energy and climate action.
During the meeting, Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI, reiterated the UAE's commitment to a fair and balanced energy transition, as outlined in the UAE Consensus. He also attended several high-level discussions, including the Clean Energy Ministerial (CEM) and Mission Innovation (MI) Dialogue, where he emphasized the role of innovation and collaboration in reshaping the energy landscape to meet climate goals.
Al Olama also participated in the Unlocking Future Fuels Ministerial Session, discussing the UAE Energy Strategy 2050 and the nation's unwavering dedication to the energy transition. Furthermore, he co-led the third ministerial meeting of the Hydrogen International Trade Forum (IHTF), where discussions focused on expanding hydrogen trade across borders and identifying new markets.
In a session titled "Moving the Fuels of the Future, Production and Transportation Aligned?" Al Olama outlined the UAE’s initiatives to promote hydrogen-based and sustainable biofuels, particularly in the maritime and aviation sectors. He also joined the "Keep Cool: Deploying Highly Efficient, Innovative Cooling Technologies" session, addressing energy consumption and the climate impact of the cooling industry.
Al Olama highlighted that these meetings provide opportunities to align strategies, share knowledge, and strengthen partnerships. He emphasized the UAE's leadership in the global energy market, particularly in renewable energy and low-emission hydrogen. He expressed confidence that UAE collaboration with G20 nations would advance the Sustainable Development Goals (SDGs), promote climate action, and accelerate the energy transition.
He further noted the UAE’s progress in clean energy, including the UAE Energy Strategy 2050, which aims to triple renewable energy capacity by 2030. The UAE has already invested AED160 billion in clean energy and plans to invest AED500 billion more over the next 30 years to achieve net-zero emissions by 2050. The UAE’s current renewable energy capacity is 6 GW, with nuclear energy at 5.6 GW, and by 2030, its clean energy capacity is expected to reach 19.8 GW.
During the meeting, Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI, reiterated the UAE's commitment to a fair and balanced energy transition, as outlined in the UAE Consensus. He also attended several high-level discussions, including the Clean Energy Ministerial (CEM) and Mission Innovation (MI) Dialogue, where he emphasized the role of innovation and collaboration in reshaping the energy landscape to meet climate goals.
Al Olama also participated in the Unlocking Future Fuels Ministerial Session, discussing the UAE Energy Strategy 2050 and the nation's unwavering dedication to the energy transition. Furthermore, he co-led the third ministerial meeting of the Hydrogen International Trade Forum (IHTF), where discussions focused on expanding hydrogen trade across borders and identifying new markets.
In a session titled "Moving the Fuels of the Future, Production and Transportation Aligned?" Al Olama outlined the UAE’s initiatives to promote hydrogen-based and sustainable biofuels, particularly in the maritime and aviation sectors. He also joined the "Keep Cool: Deploying Highly Efficient, Innovative Cooling Technologies" session, addressing energy consumption and the climate impact of the cooling industry.
Al Olama highlighted that these meetings provide opportunities to align strategies, share knowledge, and strengthen partnerships. He emphasized the UAE's leadership in the global energy market, particularly in renewable energy and low-emission hydrogen. He expressed confidence that UAE collaboration with G20 nations would advance the Sustainable Development Goals (SDGs), promote climate action, and accelerate the energy transition.
He further noted the UAE’s progress in clean energy, including the UAE Energy Strategy 2050, which aims to triple renewable energy capacity by 2030. The UAE has already invested AED160 billion in clean energy and plans to invest AED500 billion more over the next 30 years to achieve net-zero emissions by 2050. The UAE’s current renewable energy capacity is 6 GW, with nuclear energy at 5.6 GW, and by 2030, its clean energy capacity is expected to reach 19.8 GW.