The UAE invests 600 billion dirhams in clean and renewable energy until 2050

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced that the UAE will invest more than 600 billion dirhams in clean and renewable energy until 2050 and will play its global role in combating climate change, in order to achieve climate neutrality by 2050. His Highness affirmed that the UAE development model will take into account this goal and all institutions will work as one team to achieve it.

His Highness said in a tweet on his official account on Twitter: “The UAE today announced its goal to achieve climate neutrality by 2050. Our development model will take into account this goal and all institutions will work as one team to achieve it. The UAE will invest more than 600 billion dirhams. in clean and renewable energy until 2050 and will play its global role in combating climate change.”

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said on his official account on Twitter: “Today, we launched the Emirates Strategic Initiative, seeking to achieve climate neutrality by 2050. We are keen to support the efforts of the international community to achieve sustainable development, promoting economic and social growth in the country, and contributing to the good of humanity.

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