Small BusinessFarooq Abdullah to attend Energy Summit in Abu Dhabi
Renewable Energy Minister Farooq Abdullah will join policy makers, industry experts, who will be attending the third World Future Energy Summit to be held in Abu Dhabi next January.
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Investors and researchers from over 100 countries are expected to participate in the summit to identify real solutions to today"s climate change and energy challenges.
The summit is likely to discuss the actions necessary to balance the world"s demand for energy infrastructure to fuel economic growth and environment concerns that are to be met to ensure sustainability.
Ministers from North America, Europe, Asia, Middle East, and Africa will lead the first plenary session of the Summit.
Ed Stelmach, Premier of Alberta, Canada, Mohamed bin Dha"en Al Hamili, UAE Minister of Energy and Tadahiro Matsushita, Senior Vice Minister of Economy, Trade and Industry, Japan are also scheduled to attend.
The International Energy Agency (IEA) predicts that 70 per cent of the increased energy demand by 2030 will come from developing countries.
The other 30 per cent of this growth will be from the developed economies, which will continue to witness growing demand as they get wealthier, and as their population expands with increasing migration from the developing world.
The growth rates of the developing countries" emissions currently outstrip the rates of the developed world.
Nevertheless, developing countries claim they bear less historical responsibility for the emissions already in the atmosphere, and that their emissions per capita are far less than that of the developed world.
This ongoing debate will be brought to WFES’ Energy Ministers roundtable.