HE Saeed Mohammed Al Tayer, Chairman of the World Green Economy Organization (WGEO), announced that 86 countries have joined the Global Alliance on Green Economy (GAGE).
Al Tayer made the announcement during his speech today (Monday, 11 December), at a session held at Al Waha Theatre in the Blue Zone at COP28. The session was attended by representatives of WGEO member states, UN agencies, public and private organisations, financial institutions, non-governmental organisations, and the civil society, among others.
In his address at COP28, Al Tayer congratulated UAE leaders for hosting the successful global environmental conference and announced that 86 countries have joined 'The Global Alliance on Green Economy.' He emphasized the organization's commitment to supporting member states in achieving green economy goals, fostering international cooperation, and providing solutions to climate challenges through collaboration between public and private sectors.
The joining of 86 countries to ‘The Global Alliance on Green Economy’ is a new milestone achieved by the Alliance, which WGEO launched at the ministerial meeting held at the World Green Economy Summit 2022.
The announcement of 86 countries joining the coalition comes at a time when urgent action is needed to limit the effects of climate change and facilitate a rapid transition towards an environmentally friendly global economy, as current global economic policies and strategies will increase the Earth's temperature by 2.8 degrees Celsius by the end of this century. The importance of the Alliance lies in providing a platform to unify global efforts, especially in the current period in which climate pressures are escalating, and the need for integrated efforts of all countries is increasing. This Alliance demonstrates its significance as a framework that enables global cooperation and coordination, especially in light of the current escalation of climate challenges.
The shift towards a green economy requires strengthening international cooperation, laying the foundations for close partnerships between all stakeholders globally, and adopting a new approach and more efficient work mechanisms. The success of these endeavours also requires alignment and linkage between climate planning and financing on the one hand, and the goals of the Paris Agreement and the United Nations 2030 Agenda for Sustainable Development on the other hand.
News Source: Dubai Media Office
