The Climate Tech forum, set to take place in Abu Dhabi on May 10 and 11, is a global event focused on identifying practical solutions to reduce emissions in the energy and hard-to-abate sectors by at least 43% by 2030, in line with the recommendations of the Intergovernmental Panel on Climate Change. The forum will bring together more than 1,000 global policymakers, investors, and chief executives, including representatives from companies such as Amazon Web Services, Bank of America, Total Energies, Carbon Clean, LanzaTech, and Bloom Energy.
The event aims to discuss the role of technology in addressing energy reliability, affordability, and sustainability, as well as the impact of digitalisation across industries. Discussions will include topics such as the future of green hydrogen, carbon capture, and storage, as well as innovation in the decarbonisation of industries such as aviation, shipping, and steel.
The UAE, the Arab world’s second-largest economy, has committed to achieving net-zero emissions by 2050 and has pledged to invest $163 billion in clean and renewable energy projects over the next three decades to reach that goal. The Climate Tech forum will play a pivotal role in gathering industrial and finance leaders, technology pioneers, and visionary innovators to enable concrete climate action while supporting social-economic growth in transformation, decarbonisation, and future-proofing towards net-zero emissions.
The event will also feature an exhibition and technical conference showcasing the latest advances in robotics, artificial intelligence, decarbonisation, and energy transition fuels. In March, a report by the International Renewable Energy Agency revealed that global investments in energy transition technologies must quadruple to $35 trillion by 2030 to meet commitments made under the Paris Climate Agreement. The report showed that while investments in renewable energy technologies reached a record of $1.3 trillion in 2020, that figure must rise to about $5 trillion annually to limit temperature increases to 1.5ºC above pre-industrial levels.
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