Friday 22 June 2018

Vision 2050 Arabia to launch at summit

Abu Dhabi, January 15, 2012

The UAE Business Council for Sustainable Development (UAE BCSD) will launch its Vision 2050 Arabia programme at the World Future Energy Summit which is set to begin tomorrow (January 16).

The programme is the regional adaptation of the Vision 2050 programme initiated by the World Business Council for Sustainable Development (WBCSD) in 2010, a statement from the Council said.

Speaking at the launch of Vision 2050 Arabia will be Marcel Engel, managing director, development focus area and regional network, WBCSD; Hussain Al Mahmoudi, president, UAE BCSD; and Gus Schellekens, director, sustainability and climate change, PwC.

“Our collaboration with the WBCSD will encourage the participation of the private sector in the summit and help articulate the critical contribution businesses can make to adopting best practice in sustainability,” said Naji El Haddad, show director, WFES.

Working with business, government and non-governmental organisations, the WBCSD and the UAE BCSD share best practice, advise on policy making, and place special emphasis on promoting the sustainability agenda in developing countries.

Its Vision 2050 study outlines a pathway to enable a global population of 9 billion people to live within the limits of the world’s natural resources. Twenty-nine international companies contributed to the research, describing the role businesses must play to realise a sustainable society.

The Vision 2050 was released at the 2010 World CEO Forum in New Delhi. Since then, different chapters of the Council have translated and adapted the report at the national level, the statement said.

With the support of the UAE BCSD, which is the regional network partner of the WBCSD, the Vision 2050 Arabia project will enlist Gulf-based businesses in developing a sustainable road map for the private sector in the region.

The UAE BCSD’s role in the region is to raise awareness and provide business leadership as a catalyst for change toward sustainable development, it said.

“Our partnership with WFES in 2012 will encourage the involvement of our members in the summit, help promote collaboration between businesses more generally in sustainable development, and create real momentum behind the Vision 2050 Arabia project,” said Al Mahmoudi.

Global advisory firm PwC is supporting the 18-month project through project management, workshop facilitation and expert contributions from their global sustainability team.

A key challenge for the initiative will be to address the specific challenges of the GCC region. “There are so many factors that make this region unique which need to be looked at in its sustainable development. The Vision 2050 Arabia project is a promising initiative for business leaders to get together to determine how these factors can be addressed benefitting their bottom-lines, the communities they operate in and the environment,” said Hannes Reinisch, senior manager in PwC’s energy and sustainability team in Abu Dhabi.

Now in its fifth year, the World Future Energy Summit in Abu Dhabi is the foremost international gathering aimed at advancing renewable energy, clean technology and energy efficiency – and is increasingly recognised as the main event on the future energy industry calendar.

The event expects to receive 26,000 attendees from 140 countries, including 3,000 delegates and 650 exhibiting companies from over 30 countries, the statement said.

It will be held under the patronage of HH General Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and hosted by Masdar. 

The World Future Energy Summit 2012 will run till January 19 at Abu Dhabi National Exhibition Centre, it said. – TradeArabia News Service

Tags: UAE | abu dhabi | World Future Energy Summit | Vision 2050 Arabia |

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