Business Wire

DEWA

7.12.2023 18:05:30 CET | Business Wire | Press release

Share
World Green Economy Summit Emphasises the Need for Prompt and Collaborative Action

Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and during the World Green Economy Summit, a Ministerial Roundtable on Green Economy, was held. It was attended by HE Surangel Whipps Jr., President of the Republic of Palau; HE Patricia Scotland KC, Secretary General of the Commonwealth of Nations; James Grabert Director, Mitigation Division at UNFCCC, and ministers and officials from around the world.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207693189/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

World Green Economy Summit emphasises the need for prompt and collaborative action (Photo: AETOSWire)

In his inaugural speech, HE Saeed Mohammed Al Tayer, Chairman of the World Green Economy Organization (WGEO), said, “The World Green Economy Organization recognizes this urgency as it strives to facilitate a transition that is not only ecologically sustainable but also economically viable. WGEO launched the Global Alliance on Green Economy (GAGE) in September 2022. GAGE is a cornerstone of our strategy. Since its inception, it has become a crucial mechanism for fostering partnerships and unlocking potential across nations, building countries' capabilities in transitioning to a green economy through technical and technological assistance, establishing a support platform to connect project developers with finance providers, and enhancing country exchange on implementation, best practices, and lessons learned. Countries, especially developing ones and small island states, encounter distinctive challenges in this transition, encompassing financial and technological hurdles. GAGE plays a key role in overcoming these barriers, with 85 countries currently united under this alliance. This number not only signifies our growing strength but also reflects the trust placed in this collaborative endeavour,” said Al Tayer.

“In the spirit of global cooperation, I extend an invitation for all of you to join the Global Alliance on Green Economy. In addition to GAGE's support, we also seek active engagement from WGEO’s Non-Party Stakeholders, including the Private Sector, to boost investments that accelerate the transition to a green economy. We invite all Private Sector entities not currently involved with WGEO’s platforms to join us in shaping a green and prosperous future for all,” added Al Tayer.

Source: AETOSWire

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231207693189/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million27.8.2026 13:47:00 CEST | Press release

New Credit Facility Enhances Global Financial Flexibility to Support Growth Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) (“Perma-Pipe” or the “Company”), a leading global provider of engineered piping and leak detection solutions for energy, infrastructure and industrial markets, today announced the closing of a new global credit facility with J.P. Morgan consists of a $75.0 million revolving credit facility and a $14.0 million term loan facility, and allows the Company access to an additional $50.0 million in incremental capacity. The new facility replaces and consolidates multiple existing credit facilities maintained by the Company and its subsidiaries across various jurisdictions, creating a more streamlined and centralized financing structure for Perma-Pipe’s global operations. It also provides Perma-Pipe with significantly increased financial capacity, enhanced liquidity and greater flexibility to support working capital requirements, letters of credit, strategic invest

Uniphore and Tech Mahindra Partner to Deliver an Agentic AI Factory for the Enterprise27.8.2026 13:45:00 CEST | Press release

Partnership enables the development of domain-specific Small Language Models and AI agents on Uniphore's Business AI Cloud for enterprise clients across EMEA and North America. Uniphore, the Business AI Company, and Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, today announced a partnership to co-build and deliver agentic AI solutions for enterprise clients globally. The partnership combines Uniphore's Business AI Cloud (BAIC) platform with Tech Mahindra's deep digital business transformation expertise and global delivery capabilities, establishing an Agentic AI Factory to accelerate AI adoption at scale within Tech Mahindra and for its customer industry verticals. As part of the partnership, Tech Mahindra will integrate Uniphore's BAIC platform into its Agentic AI Factory, enabling the development, deployment and management of purpose-built small-language models (SLMs), AI agents and industry-spec

Kioxia and Sandisk to Invest Over $31 Billion in Japan, Extending Leadership in Memory Industry27.8.2026 13:39:00 CEST | Press release

Continued investments through 2032 will further strengthen the companies’ long-standing joint venture and drive meaningful, multi-year flash memory-supplyInvestments align with economic policy goals of Japanese government and reflect strong U.S. – Japan relations Kioxia Corporation, a subsidiary of Kioxia Holdings Corporation (TOKYO: 285A) and Sandisk Corporation (NASDAQ: SNDK) today announced anticipated significant investments in Japan, totaling over $31 billion (approximately 5 trillion yen) contingent upon government support. The investments through 2032 will continue to strengthen the Kioxia and Sandisk partnership, one of the most successful joint ventures across any industry. The partnership has helped drive decades of NAND flash memory innovation and invested over $50 billion (approximately 9 trillion yen) in Japan over the past 25 years. Kioxia and Sandisk will continue to deliver leading technology to support the growing demands of an AI and a data-driven world. This press re

Kioxia to Expand 3D Flash Memory Production Capacity with the New Fab3 at Kitakami Plant27.8.2026 13:20:00 CEST | Press release

Kioxia Corporation, a world leader in memory solutions, announced today that it has commenced site preparation and other related work for the construction of Fab3, a new state-of-the-art manufacturing facility at the Kitakami Plant in Iwate Prefecture, Japan, to expand production capacity for advanced three-dimensional flash memory BiCS FLASH™. Fab3 will be constructed on land south of Fab2, targeting operations to commence in fiscal 2029. The flash memory market is expected to continue to expand significantly in the medium to long term, driven by agentic AI, physical AI, and on-device AI. Through the construction of Fab3, Kioxia aims to meet rising market demand by expanding production and ensuring stable supply of cutting-edge flash memory products. Detailed plans for Fab3 regarding construction schedule and equipment investments will be determined based on market trends. Investment plans for Fab3 are contingent upon government support. Under its mission to “uplift the world with ‘me

Quaise Energy Closes $180 Million Series B with $35 Million Investment from Nabors Industries and Strategic Framework to Build World's First Superhot Geothermal Power Plant27.8.2026 13:05:00 CEST | Press release

Final close of Series B to advance the commercialization of superhot geothermal energy, funding Project Obsidian and the continued development of Quaise’s millimeter wave drilling system Nabors Industries and Quaise deepen relationship with strategic framework agreement spanning drilling operations, technology integration and commercial development Series B brings Quaise's total funding to date to $280 million Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the final close of its Series B, raising a total of $180 million in equity financing, including a $35 million investment from Nabors Industries (NYSE: NBR), one of the world's largest land drilling contractors and a long-standing partner to Quaise. Nabors has also entered into a strategic framework agreement that supports Quaise’s mission to make superhot geothermal a commercial reality, beginning with the development of Project Obsidian, the world’s first superhot geothermal power pla

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye