The world needed to find a new way. By following our North Star, we have found that path.
We have worked very hard to secure a better future for our people and our planet. We should be proud of our historic achievement.
– HE Dr Sultan Al Jaber,
COP28 President, UAE Minister of Industry and Advanced Technology and Chairman of Masdar
watch video
As one of the world’s fastest-growing renewable energy companies and a leading investor in renewables and green hydrogen, Masdar is akey enabler of the UAE’s vision as a global leader in sustainability and climate action.
Standing front and center on the global stage at the United Nations Climate Conference COP28, Masdar wrapped up deals with nations and energy leaders across six continents - advancing the energy transition as the world comes to terms with the all too real impacts of climate change.
Held at Expo City Dubai from November 30 to December 12, 2023, the conference convened over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors.
Masdar started COP28 on a strong footing as our GBP11 billion partnership with RWE in the UK offshore wind market was announced by UK Prime Minister, Rishi Sunak, during his speech at the World Climate Action Summit.
Over two weeks, Masdar concluded 36 deals and announcements with major players across the US, Southeast Asia, the Middle East, Europe and Africa.
Our 360 events and marcomms campaign featured 35 hours of specialist programing, an extensive event and speaking programme - our spokespeople took part in 45 events and completed more than 60 interviews with international media, reaching an audience of millions - underpinned by a comprehensive online and offline campaign.
COP28 concluded with the historic UAE Consensus, setting a new path for the world by uniting 198 parties behind an enhanced, balanced and historic package to accelerate climate action.
Now we continue the important work of matching words with actions in support of trebling global renewable energy capacity by 2030.
ADSW, Y4S and WiSER all featured prominently at COP28, highlighting the theme of ‘a COP for all’ with a focus on global voices, women and youth.
ADSW hosted a Special Edition at COP28, together with leaders from finance, investment, business, public sector and civil society under the theme of United on Climate Action.
The Y4S program promoted meaningful, youth-led action on sustainable development and climate change, while amplifying the voices of future sustainability leaders.
Masdar’s global platform that champions women as leaders of sustainable change, hosted The Arab Women Leaders’ Summit in partnership with COP28, exploring the critical relationship between gender equality and climate action.
Led by HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President, the United Nations Climate Conference reached a historic conclusion with the UAE Consensus. This commits parties to transition away from fossil fuels to reach net zero and encourages them to submit economy-wide Nationally Determined Contributions (NDCs). The Consensus included a new specific target to triple renewables and double energy efficiency by 2030, and builds momentum behind a new architecture for climate finance.
