World Green Economy Summit in Dubai pushes for faster climate finance
Image used for illustrative purpose. Photo: WAM
The second day of the 11th World Green Economy Summit in Dubai brought together world leaders, experts, and young voices to talk about one big question: how can we pay for a greener and safer planet?
One of the main talks focused on climate finance, which means money needed to fight climate change. Experts explained that the world still needs about 2.4 trillion dollars every year to make the green transition possible. They also said governments and private companies must work together through public and private funding. The UAE’s progress in using green bonds and new environmental rules was shared as an example for others.
The summit also looked at big risks like rising sea levels, stronger storms, and food and water shortages. Leaders discussed how small islands and vulnerable regions can get the financial help they need. They called for stronger infrastructure, restoring natural ecosystems, and easier access to green funding.
Youth participation was another highlight. Young people from the region joined talks on climate action and trade. UAE’s Minister of Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, said that green solutions can drive new technology and grow economies at the same time.
Other sessions explored voluntary carbon markets, the use of artificial intelligence in fighting climate change, and renewable energy projects. Speakers agreed that teamwork, innovation, and science-based targets are essential to reach net zero goals.
The day ended with a strong message: the world must move from promises to real action. The UAE confirmed again its target to reach climate neutrality by 2050.
