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World Green Economy Summit 2018 highlights disruptive digital solutions

Summit to focus on the interplay between the digital transformation and its embedded innovation in Green transition initiatives, organisers say

Dubai, UAE, 29 July 2018: Inspired by the growth of digital technologies and Artificial Intelligence (AI) in boosting the economy, the annual World Green Economy Summit (WGES 2018) will focus on developing the digital economy and integrating it with the Green context, the organisers announced in a Press communiqué.

WGES is a strategic platform to share and exchange knowledge and bring to focus new technologies that drive the growth for a Green Economy, including improvements in energy efficiency, energy conservation and waste reduction, the communiqué said. WGES is set to take place from October 24 to 25, 2018, under the patronage of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the communiqué further said. The summit is organised by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO), in collaboration with international partners, under the theme ‘Driving Innovation, Leading Change’, the communiqué added.

H.E. Saeed Al Tayer

H.E. Saeed Mohammed Al Tayer, Vice Chairman, Dubai Supreme Council of Energy in Dubai and Chairman of WGES, said: “Serving as the new growth drivers, new forms of technology will not only transform the world, but also make disruptive changes towards creating a more sustainable economy. Focusing on new mechanisms, including crypto currencies, blockchain technologies, robotics, machine learning and Internet of Things (IoT), WGES will discuss the role of technology and how it serves as an incentive to promote the Green Economy.”

The communiqué said, WGES 2018 will focus on three main pillars: Green capital, digital transformation and leadership and social engagement. The communiqué further said, the event will gather financial executives, investment professionals and thought leaders to discuss ways to increase Green capital flows into regional and global environment-friendly projects and how to de-risk those investments.