Delivered by: HE Ambassador Ghasaq Shaheen, Deputy Permanent Representative
Thank you, Madam President.
The United Arab Emirates welcomes this timely dialogue and commends your leadership in placing implementation at the center of the international agenda. We also thank the distinguished panelists for their insights this morning and we were pleased to hear the consistent recognition across the panel of the UAE Consensus as a landmark achievement and a shared commitment that must now guide our path forward.
The UAE Consensus remains an important global reference point, and our focus now must be implementation. This means accelerating investment in renewable energy, grids, storage, energy efficiency, and other low-carbon solutions while safeguarding energy security, affordability, and sustainable development.
The UAE is leading by example. Under the updated UAE Energy Strategy 2050, we aim to triple the contribution of renewable energy in our national energy mix by 2030 and mobilize 40 to 50 billion USD in investments.
Masdar’s renewable energy portfolio has reached 65 gigawatts, with a pathway to 100 gigawatts by 2030. In July 2026, Masdar and the Emirates Water and Electricity Company reached financial close on a USD 6.1 billion project combining 5.2 gigawatts of solar capacity with 19 gigawatt-hours of battery storage to deliver one gigawatt of continuous clean power.
Energy efficiency is equally critical between 2020 and 2025. The UAE national water and energy demand management program avoided over 14.8 million tons of emissions and generated more than 2 billion US
dollars in savings. We also launched the Global Energy Efficiency Alliance to strengthen international cooperation and implementation.
For many developing countries, the challenge is not ambition, but access to affordable finance, bankable projects, modern grids, storage technologies, and technical capacity. We must reduce the cost of capital and scale investment through stronger partnerships.
Finally, the UAE remains committed.
And I thank you Madam President.