Latest news with #GlobalEnergyEfficiencyAlliance
Emirates 24/7
20-05-2025
- Business
- Emirates 24/7
UAE highlights commitment to global energy security at BRICS Energy Ministerial Meeting
Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, represented the UAE at the BRICS Energy Ministerial Meeting, hosted under the Brazilian Chairmanship in the capital city Brasília. Addressing representatives of BRICS members and partners, Al Olama said, 'We are living through a defining moment in the global energy transition. The world is confronting a dual challenge: to ensure secure and affordable energy access for all, while dramatically reducing emissions to meet climate goals. For the UAE, this is not a dilemma, but an opportunity to drive transformation through innovation, collaboration, and decisive action.' He added, 'The UAE has made energy access a national achievement. Today, we are proud to have 100 percent access to electricity, clean cooking solutions, and affordable heating and cooling services. We rank first globally in key energy access and affordability indicators. "However, we recognise that our work is not complete until this becomes the reality for everyone. That's why we are investing in renewable energy projects in over 70 countries, especially in Africa, the Caribbean, and small island developing states. We are committed to sharing our models on energy financing, public-private partnerships, and technology deployment to support energy justice globally.' In addition, Al Olama invited BRICS nations and partners to join the Global Energy Efficiency Alliance, which the UAE founded to reduce carbon intensity by advancing efficiency standards, fostering knowledge exchange, and supporting joint capacity-building. Through this alliance, BRICS members can play a vital role in accelerating global energy savings and advancing the collective decarbonisation journey. Moreover, he pointed out that the UAE is interconnected with other GCC states through the Gulf Cooperation Council Interconnection Authority (GCCIA), enhancing regional grid stability and energy security. The UAE actively pursues both bilateral and multilateral partnerships to deepen regional and global energy integration. A prominent example is the UAE's collaboration with India, which includes efforts to establish a direct power interconnection and joint participation in the India-Middle East-Europe Economic Corridor (IMEC). This strategic corridor aims to bolster economic cooperation, accelerate clean energy deployment, and improve connectivity between Asia, the Middle East, and Europe. Through these initiatives, the UAE is reinforcing its commitment to cross-border energy trade, decarbonisation, and global energy security. At the meeting, the Brazilian Presidency presented BRICS Energy Research Cooperation Platform (ERCP) Report, which focuses on ensuring access to affordable, reliable, and modern energy, especially for underserved communities, and the Roadmap for BRICS Energy Cooperation for 2025-2030, which provides a strategic vision for advancing cooperation in clean energy, sustainable fuels, grid interconnection, and innovation. Follow Emirates 24|7 on Google News.
Trade Arabia
16-04-2025
- Business
- Trade Arabia
GEEA aims to double annual energy efficiency by 2030
The Global Energy Efficiency Alliance (GEEA) aims to double annual global energy efficiency rates by 2030, in line with the UAE Consensus from the 28th UN Climate Change Conference, reported WAM. UAE Minister of Energy and Infrastructure, Suhail Al Mazrouei, announced the details of the GEEA, approved by the UAE Cabinet. The Alliance seeks to achieve this target through implementing unified policies and criteria that improve sectoral performance, enhance international cooperation to advance knowledge exchange, enable developing countries to adopt energy efficiency solutions, and provide a global platform for sharing successful energy efficiency technologies and initiatives. The Minister underscored that GEEA will steer radical transformation in the global energy efficiency landscape, reducing carbon emissions and minimising natural resource consumption. He said, 'The launch of GEEA reflects the UAE's steadfast commitment to supporting global efforts towards achieving the UN Sustainable Development Goals (SDGs), advancing collective climate action, and preserving natural resources. Through the Alliance, we aim to provide innovative solutions and cutting-edge technologies that can help countries achieve higher energy efficiency rates, particularly in areas that face challenges in securing funding and technological support.' He added, 'GEEA is a global platform to share experiences and knowledge, allowing members to leverage success stories in enhancing energy efficiency. This will contribute to developing unified tools to measure progress in related initiatives. We, in the UAE, will play a leading role in this Alliance through sharing our best practices and presenting our PPP models. The launch of the Alliance was a direct result of a global willingness to increase the efficiency of energy consumption.' Minister Al Mazrouei invited countries and international corporations to come on-board and join GEEA as through collective action, progress can be made. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, said, 'Energy efficiency is a pivotal element in achieving the objectives of the Paris Agreement and the UAE Consensus. The success of GEEA in mobilising international momentum and aligning the efforts will drive climate action and contribute to building a sustainable future for mankind.' He added, 'The UAE will be at the forefront of sharing energy efficiency know-hows, driving cross-border synergies with state and private sector stakeholders, and offering technical support for member countries to achieve the objectives of the Alliance. GEEA also seeks to build related national capacities through offering training on proven energy efficiency measures.'
Hi Dubai
16-04-2025
- Business
- Hi Dubai
UAE Launches Global Energy Efficiency Alliance to Drive Climate Action
The UAE has officially launched the Global Energy Efficiency Alliance (GEEA), a bold new initiative aimed at doubling global energy efficiency rates by 2030. The announcement was made by Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, following the UAE Cabinet's recent approval of the Alliance. GEEA aligns with the landmark UAE Consensus from COP28 and is designed to transform global energy consumption patterns. It will do so by setting unified efficiency standards, enhancing international cooperation, and supporting developing nations with access to innovative solutions and funding. 'The launch of GEEA reflects the UAE's unwavering commitment to the UN Sustainable Development Goals and global climate action,' said Minister Al Mazrouei. 'Through this platform, we aim to share cutting-edge technologies and proven models, particularly with countries facing technological and financial barriers.' The Alliance will serve as a central hub for exchanging knowledge and best practices in energy efficiency. It also aims to create unified tools for tracking progress, while offering technical support and capacity-building programs to member states. Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs, emphasized that energy efficiency is a critical lever for achieving the Paris Agreement and the UAE Consensus goals. 'By mobilizing international collaboration, GEEA will accelerate climate action and help build a sustainable future for all.' The UAE will take a leading role in the Alliance, offering its public-private partnership models and energy know-how. Al Mazrouei invited nations and corporations worldwide to join the initiative, underlining that collective action is essential to driving meaningful change. News Source: Emirates News Agency
