UAE Launches ‘Global Energy Efficiency Alliance’ at COP29

In November 2024, the UAE launched the Global Energy Efficiency Alliance at COP29 in Azerbaijan, aiming to double global energy efficiency rates by 2030 and significantly reduce emissions.

Building on the UAE Consensus from COP28, this initiative seeks to bring together nations, organizations, and businesses to advance carbon reduction and sustainable resource management.

Key Points

Leadership Role: The UAE will lead the alliance, offering its expertise in energy efficiency and fostering partnerships with the private sector.
Focus on Knowledge Sharing: The alliance aims to promote capacity building, best practice dissemination, and standardization in energy efficiency across regions.
Public-Private Partnerships: It encourages strategic partnerships and investment in energy efficiency projects.
Support for African Nations: A special emphasis will be placed on assisting African countries, with efforts directed towards financing options and technological solutions for energy sustainability.