Sheikh Mohammed Sets the Stage with 78 New Initiatives for COP28

Sheikh Mohammed Sets the Stage with 78 New Initiatives for COP28

On May 24th, 2023, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, led a UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi. The meeting, attended by esteemed leaders including His Highness Sheikh Mansour bin Zayed Al Nahyan and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, resulted in the approval of 78 environmental projects and initiatives in anticipation of hosting COP28. Additionally, H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister, and Minister of the Interior were also present during this significant gathering.

The Roadmap to Hosting COP28

In preparation for hosting COP28, the UAE Cabinet has given the green light to a comprehensive roadmap consisting of 78 environmental initiatives. These initiatives encompass national strategies to reduce carbon emissions, regulate the use of solar energy products, promote sustainable tourism, and foster sustainable and environmentally friendly development practices.

Agenda Aimed at UAE Service Export Development

The Cabinet has approved the UAE Service Export Development Agenda, which aims to elevate production and enhance the competitiveness of Emirati exports in global markets. This agenda places special emphasis on five pivotal sectors: Education, Medical Tourism, Islamic Financial Services, Creative Economy, and Financial Services. By focusing on these sectors, the UAE strives to amplify its presence as a leading service provider worldwide and bolster its standing among countries with the highest Gross National Income (GNI) per capita.

The Cabinet also reviewed the policies for developing Emirati exports, aiming to open up to new global markets. In 2022, the UAE’s non-oil foreign trade achieved unprecedented growth, surpassing AED 2 trillion for the first time in history and recording a 17% increase compared to 2021.

Approval of the DARAK Housing Platform

Another significant decision made during the meeting was the approval of the DARAK housing platform. This integrated e-platform will streamline and simplify the entire house construction process, offering citizens a range of services, exclusive offers, and banking facilities, ultimately reducing construction costs and providing a centralised point of contact.

Advanced Model For Higher Colleges of Technology

Furthermore, the Cabinet endorsed a new educational model for the Higher Colleges of Technology, which will come into effect at the start of the academic year 2023/2024. The primary objective of this model is to strengthen the Higher Colleges of Technology’s contribution to developing the workforce within the country, ensuring that students are equipped with the skills and knowledge necessary to excel in the evolving job market.

<h2>Adoption of the Executive Regulation of the Federal Law on Consumer Protection</h2>

Regarding consumer protection, the Cabinet adopted the Executive Regulation of the Federal Law on Consumer Protection, prioritising the safeguarding of consumer rights, particularly regarding the quality of goods and services.

Agreements With Allied Nations

During the meeting, the UAE Cabinet granted approval for several agreements with allied nations, such as the Kyrgyz Republic and the Government of the Commonwealth of Dominica. Notably, an agreement was also reached to establish the regional headquarters of the Islamic Development Bank in the UAE. Furthermore, plans were set in motion to establish the UAE embassy in the city of Bissau, Republic of Guinea. Additionally, the UAE expressed its candidacy for membership in the Executive Board of the United Nations Human Settlements Programme, showcasing its commitment to global cooperation and sustainable urban development.

These initiatives and agreements are testaments to the UAE’s commitment to undertaking sustainable practices as it moves forward in its preparations for hosting COP28 in 2023. It is an exciting time for the nation, and its citizens can rest assured knowing that their government is making every effort to ensure a successful transition towards sustainability and environmental protection.

About Behzad Daniel Ferdows

Behzad Daniel Ferdows is passionate about sustainability and the environment and has worked extensively to promote environmental initiatives via various organizations. He believes sustainable development is the only way forward and strives to spread awareness about the importance of environmental protection for future generations.