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Emirates

ADFD supports development of new Waste-to-Energy Plant in Maldives

ABU DHABI, 12th December, 2021 (WAM) — Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, signed an agreement to provide a concessionary loan valued at AED 51.4 million (US$14 million) to support development of a new waste-to-energy plant on Ado Island in the Maldives, a project which was selected under ADFD-IRENA Project Facility.

The Agreement was signed by Mohammed Saif Al Suwaidi, Director-General of ADFD, and Ibrahim Ameer Minister of Finance of Maldives.

The signing ceremony was attended by Khalifa Al Qubaisi, Deputy Director-General of ADFD, and drew the participation of senior representatives of the two parties.

The new waste conversion and water treatment facility will generate 1.5 megawatts of clean energy to provide electricity to more than 6,000 homes in Ado and surrounding islands. The plant will reduce total waste volume on the island by 10 percent, contributing to the Maldives waste management strategy as well as climate action targets.

The facility will also contribute to the Maldives economic development strategy by strengthening the energy sector, reducing reliance on fuel imports, and creating new job opportunities through both the construction phase and ongoing operations and maintenance of the facility.

Mohammed Saif Al Suwaidi, Director-General of ADFD, said, "This project is significant as it represents the core purpose of the Fund on many levels. It advances ADFD’s commitment to support UAE’s climate action and renewable energy goals while providing the people of Ado with a sustainable renewable energy source that also addresses local waste management challenges. Financing this project reflects the Fund's commitment to supporting the renewable energy sector in developing countries, which will positively affect sustainable economic development for these countries."

"This waste-to-energy project is an important step in supporting the Maldives government’s strategy aimed at increasing the proportion of clean energy production and reducing dependence on electricity production from fossil fuels by a large percentage. It is the second project funded by ADFD in the field of waste-to-energy in Maldives."

Ibrahim Ameer, Maldives Minister of Finance, said, "This is a strategically important project for the Maldives and the people of Ado Island. Waste-to-energy represents a smart approach to advancing our national waste management objectives and emissions reduction targets while creating high-value jobs and providing our residents with reliable clean energy. We greatly value our partnership with ADFD and the UAE to support the development of this and other high impact infrastructure projects across the country."

This is the second waste-to-energy project supported by ADFD in the Maldives. With this concessionary loan, which will cover 50 percent of the total project development cost estimated at AED 102.8 (US$28 million).

In 2015, the Fund contributed to the financing of a waste-to-energy plant with a production capacity of 4 megawatts. This project was certified by the Global Innovation Institute (GINI) as an innovative project due to its important contribution to achieving the country’s strategy for solid waste management and driving a 10 percent reduction in waste volume. Based on the positive results achieved by this project on the Maldivian economy and society, the Fund today supports, through this agreement, the replication of the project to serve other regions and islands in the Maldives.

Mohammed Saif Al Suwaidi added, "With the introduction of the UAE Net Zero by 2050 Strategic Initiative, the UAE continues to demonstrate its commitment to be a global leader in climate action, the adoption of clean energy and the reduction of carbon emissions here at home, across the region and worldwide. As a nation, we were among the first to ratify the Paris Agreement and our National Energy Plan 2050 calls for reducing the carbon footprint of power generation by 70 percent. ADFD is committed to advancing that national strategic imperative by supporting projects such as this waste-to-energy plant in the Maldives as well as to help promote the growth of the UAE green economy as part of ADFD’s national economic development and diversification mandate."

ADFD has enjoyed strong relations with the Government of the Maldives since 1976. The Fund has financed ten development projects in the country valued at approximately AED 751 million, spanning crucial socio-economic sectors such as housing, communications, transport, energy, and education.

Waste-to-energy is one of the many renewable energy sources supported by ADFD which also includes wind, solar, hydro, geothermal and biomass technologies as part of its long-term commitment to combat climate change. In total, ADFD has supported the development of 90 renewable energy projects in 65 countries around the world that have the capacity to generate more than 9,000 megawatts of electricity.

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Emirates

World Free Zones Organization Launches its New Corporate Identity

The World Free Zones Organization (World FZO) has launched its new corporate identity, which coincided
with its 10th anniversary. The launch came during the 10 th World Free Zones Organization (World FZO) World Congress in Dubai held under the theme ‘Zones and the Shifting Global Economic Structures – Unlocking New Investment Avenues’, In conjunction with the launch of its new corporate identity, the World FZO announced its new vision, mission, and purpose. Its new vision focuses on driving global economic progress, sustainability, and inclusive growth through empowered free zones, setting the benchmark for economic advancement. As part of its new mission, the World FZO aims to engage with free zones from around the world by supporting them through knowledge
sharing, networking, advocacy, and consulting, enhancing their positive impact and contributions to economic and social development in their respective countries.
The World FZO reaffirmed its commitment to its core values while enhancing its approach by adopting the
latest practices and keeping pace with rapid global changes. This forward-thinking approach enables the
organisation to reshape prevailing perceptions and highlight its distinctive and innovative methods.
With its new identity, the World FZO also emphasise its dedication to launching purposeful and transparent initiatives that solidify its role as a catalyst for positive change on the global stage.
The organisation’s new corporate identity represents its three strategic pillars: Impact, Influence, and Trust. Its focus on Impact will drive sustainable growth and effectiveness, ensuring that free zones remain at the forefront of socio-economic development and innovation. Under its second pillar, Influence, it seeks to shape the future of global trade and investment by advocating for policies that foster growth and opportunity for businesses and communities. Furthermore, by building Trust, the organizations will reinforce its role as a steadfast ally, providing the advocacy needed to navigate an increasingly complex and evolving global landscape. The organisation’s key objectives for its new phase include opening new investment horizons and reinforcing social contributions by supporting net-zero initiatives.
The World FZO remains focused on fostering trade relations and partnerships between economic zones in its member countries, while broadening its activities to encompass emerging economic sectors. These sectors align with the demands of the era, including artificial intelligence, digital trade, the Fourth Industrial Revolution, and advanced technologies.

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Emirates

Dubai Customs Launches Innovative Training Program to Enhance Emiratisation Efforts

– Specialized Vocational Program Under "Masar 33" Aims to Train and Employ 80
Citizens
– Sultan Bin Sulayem: Our Plans Align with National Vision and Goals
– Abdulla Mohammed Busenad: A Strong Commitment to Supporting
Nationalization Efforts in the UA

Dubai Customs is launching a significant initiative to train and employ 80 new high school graduates as “Customs Inspectors.”in line with the vision of the Dubai government and contributing to the goals of the Dubai Economic and Social Agenda, along with the leadership’s commitment to invest in citizens and increase Emiratisation rates.
This initiative is part of the department’s commitment to enhance the participation of citizens
in the economic development process and to support the UAE Centennial 2071 Plan goals
by investing in the youth and equipping them with the skills and knowledge necessary to
keep pace with global changes. The department has allocated a vocational program in
customs inspection for candidates selected from Ru’ya Careers UAE 2024, providing them
with professional training for seven months both domestically and internationally before they
take up available positions. This initiative is part of the pioneering “Masar 33” program
designed to meet Dubai’s agenda goals by mobilizing all resources and development plans
to ensure the highest quality of life for citizens in the emirate. “Masar 33″aims to enhance
the competitiveness of Emirati talent through various initiatives, professional programs, and
scholarships, establishing Dubai Customs as a cornerstone for advancing the national
human development system, boosting its efficiency and productivity, and increasing its
participation in economic sectors to meet Dubai’s leading aspirations for the future.

Program Objectives:
The vocational program aims to nurture and train new high school graduates by enhancing
their professional skills in line with the Dubai government’s vision. It seeks to integrate
citizens into the labor market from early stages, ensuring their future success and
competitiveness. Additionally, it focuses on building the capabilities of customs inspectors on
scientific and advanced training foundations to address security risks and protect the
community and economy from customs evasion and smuggling, achieving a 100%
nationalization rate in customs inspection at Dubai Customs.

Active Participation:

H.E. Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports,
Customs and Free Zone Corporation, stated that the organization is committed through its
various initiatives and programs aimed at training and qualifying citizens to actively
contribute to the success of the UAE’s national vision, which is fundamentally based on the
Emirati workforce. He praised Dubai Customs for diversifying its projects in line with the
Dubai government’s plan and its social and economic agenda, enhancing the
competitiveness of citizens in the labor market for both the public and private sectors under
an ambitious strategy to encourage and promote nationalization policies.

Attracting Citizens:
H.E. Dr. Abdulla Mohammed Busenad, Director General of Dubai Customs, emphasized that
the department provides a range of specialized programs at the highest levels to attract
young citizens and involve them in the development process. Through “Masar 33” which
aligns with the objectives of the Dubai agenda and the leadership’s vision for enhancing
nationalization in both the public and private sectors, the programs enable citizens to gain
knowledge, field experience, and technical skills necessary for joining the labor market
through the approved career path. He noted that the initiative to train recent high school
graduates in customs professions builds upon Dubai Customs’ previous achievements in
qualifying citizens and the positive results attained through a series of diverse programs
covering the most in-demand job sectors. The department remains committed to enhancing
the efficiency of citizens and providing them with the professional opportunities they seek,
reinforcing its commitment to supporting nationalization efforts in the UAE.

Four Pillars:
Mohammed Al Ghaffari, Executive Director, Human Resources Division at Dubai Customs,
announced the opening of applications for the customs inspector training program during the
Ru’ya Careers UAE 2024 and provided the link to the official Dubai Government Jobs
website. The program is designed around four main pillars: digital skills programs, behavioral
programs, customs science programs, and security programs, alongside practical training in
the department’s customs centers and external training in collaboration with strategic
partners, which includes a comprehensive professional guidance program. He stated, “The
programs provided by Dubai Customs are increasingly popular among young citizens,
confirming the success of the department’ efforts in attracting national talent to shape future
leaders in customs work through various academic and specialized professional paths. This
offers new graduates the opportunity to qualify for roles in Dubai Customs, with 80 vacancies
allocated for graduates of the customs inspector training program.”

 

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Emirates

DCO Secretary-General commends Global Digital Compact at Summit of the Future

Deemah AlYahya, Secretary-General of the
Digital Cooperation Organization (DCO), said that “the digital divide the world faces today is
multifaceted, encompassing gaps in digital intelligence, computing capabilities, gender, and
skills,” in a speech at the Summit of the Future held during UNGA79 in New York.
In her speech, delivered after the UN General Assembly adopted the & Pact for the Future’ and the
‘Global Digital Compact’, AlYahya warned that “The AI and computing divide represents a
significant barrier, as some nations advance rapidly in AI innovation and deployment, while
others struggle to keep pace.
At the same time, the gender digital divide continues to limit women’s access to technology and
opportunities, and the skills divide leaves many without the digital competencies essential for
success in a fast-evolving economy. If we do not address these interconnected challenges, we
risk leaving entire communities behind.”
AlYahya praised the Global Digital Compact for “lays out an ambitious roadmap for an
inclusive, open, sustainable, fair, safe and secure digital future for all,” emphasizing that “It is a
bold vision, but the real challenge is translating these goals, principles, objectives, and
commitments into action, especially as we strive to achieve the SDGs.”
AlYahya highlighted that “at the Summit of the Future, the DCO proudly launched the Digital
Economy Navigator (DEN), an innovative tool that provides detailed insights on digital economy
performance across 50 countries. This initiative is just one of the many ways we are turning the
principles of the Global Digital Compact into action.”
She explained that “while DEN is a vital resource, it is only the beginning. In the spirit of
networked multilateralism, we must foster collective efforts to the GDC’s ambitious goals,
objectives, and commitments. I call upon every country, organization, and individual to join
forces in this critical endeavor.”
The Digital Economy Navigator (DEN) evaluates digital economy performance through three
intersecting dimensions: Digital Enablers, Digital Business, and Digital Society. Within these
dimensions, 10 pillars synthesize and summarize key aspects of countries’ digital economy, and
use of digital technology application from 102 indicators gathered from respected secondary data
sources, in addition to proprietary survey data of more than 27,000 participants across the 50
countries.
In addition to the launch of the DEN, on the sidelines of UNGA, DCO signed an agreement with
the United Nations Development Program (UNDP) to enhance digital cooperation and accelerate
digital transformation across the world, to support efforts aimed at achieving the United Nations
Sustainable Development Goals by 2030.
It also signed a memorandum of understanding with the League of Arab States (LAS) to
accelerate the inclusive and sustainable digital economy, enhance relations and exchange experiences and knowledge, and accelerate the process of digital transformation and economic development.

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