|
 |
|
|
The Masdar Initiative is multi-faceted. We are positioning ourselves as global leaders in the push for new low carbon energy technologies and clean, sustainable ways of living. Therefore we are working across a variety of different areas. Sometimes we are investing directly, in other areas we are building partnerships and creating networks.
The Masdar Initiative is a continuation and an evolution of Abu Dhabi's five decades of leadership as a global energy provider. We developed considerable expertise over that period and we have inherited a strong tradition of environmental custodianship and a commitment to sustainability.
The world today faces two major challenges, global warming and the need to meet the ever-growing demand for energy. Leadership in both areas is needed. In Masdar we believe we can deliver practical leadership by showing what can be done, and by demonstrating how to do it. It is an ambitious aim, but one we are confident we can deliver.
Our initiatives include: substantial investment in innovative and renewable energy technologies; the fostering of talent, expertise, and knowledge sharing in renewable energy disciplines; the construction of local and regional green power production facilities that complement and balance fossil fuel production; the reduction of carbon emissions through active participation in carbon markets; and the creation of a model, zero carbon, zero waste city that demonstrates the practical viability and appeal of living in alternative energy environments.
The development of clean sources of energy is a global responsibility with benefits for every aspect of life on our planet. We recognize that, to achieve our aspiration to play a leading role in fulfilling this responsibility, we need to collaborate with a broad range of partners who share our vision and commitment to a cleaner future. We are investing considerable resources to create a ground-breaking global network that fosters creativity and encourages innovation.
Thanks to the support and drive of the Abu Dhabi government, Masdar has grown quickly from a vision to reality.
The construction of Masdar City, powered entirely by renewable energy, is already underway. The Masdar Institute is commencing work, our investment funds are already fuelling future energy inventions and innovations, and we are working with long-established industries to reduce carbon emissions.
This is just the beginning of a long story. Our aspirations are broad and our ambitions global. It is going to take time for Abu Dhabi to become a truly global centre of excellence but we are committed to making that happen.
I invite you to join us on this journey.
Dr. Sultan Ahmed Al Jaber
Chief Executive Officer
|
|
|