UAE Energy Strategy 2050 balances security, affordability, sustainability

A UAE delegation, headed by Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, participated in the High-Level Energy Transition Dialogue, hosted by the Presidency of the 30th UN Climate Change Conference (COP30) in partnership with the International Energy Agency (IEA) at the headquarters of the European Commission in Brussels, Belgium.

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The high-level meeting came as part of global efforts to prepare for COP30, scheduled to be held in Belém, Brazil. It served as a platform for exchanging perspectives on accelerating the implementation of the outcomes of COP28 and COP29 and achieving global energy transition goals - including doubling energy efficiency and tripling renewable energy capacity by 2030.

Addressing an audience of energy ministers and senior officials, Al Olama said, "At COP28 in Dubai, the international community reached an important milestone: the UAE Consensus. This outcome marked a turning point in how the world approaches the energy transition-not merely as an environmental necessity, but as an economic, social, and development imperative.

"Building on this momentum, COP29 in Azerbaijan reaffirmed global commitments to scaling up clean energy investment and facilitating credible transition pathways. It emphasised the vital role of finance, technology transfer, and regional cooperation as core enablers. The Global Stocktake, launched at COP28, continues to serve as a critical benchmark for delivery, and the next step is to begin turning that assessment into meaningful action."