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As the first major hydrocarbon-producing economy
to take such a step, Abu Dhabi has established its
leadership position by launching the Masdar Initiative,
a global cooperative platform for the open engagement
in the search for solutions to some of mankind's most
pressing issues: energy security, climate change and
the development of human expertise in sustainability.
Abu Dhabi is leveraging its substantial resources
and experience in global energy markets into the
technologies of the future. One key objective of
Masdar is to position Abu Dhabi as a world-class
research and development hub for new energy
technologies, effectively balancing its strong
position in an evolving world energy market.
A related objective is to drive the commercialization and
adoption of these and other technologies in sustainable
energy, carbon management and water conservation. In doing so, Masdar will play a decisive role in
Abu Dhabi's transition from technology consumer
to technology producer.
The goal is the establishment of an entirely new
economic sector in Abu Dhabi around these new
industries, which will assist economic diversification
and the development of knowledge-based industries,
while enhancing Abu Dhabi's existing record of
environmental stewardship and its contribution
to the global community. |
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Introduction
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