Masdar has invested in the financial and human resources necessary to achieve its goals and to face the challenge of providing renewable energy sources at a cost that can be available to developing countries, says Mohammad Al Bowardi.
Abu Dhabi: Developing countries are to be offered renewable energy resources at an affordable price, thanks to a UAE programme, the 11th World Renewable Energy Conference (WREC) in Abu Dhabi heard on Sunday.
Mohammad Al Bowardi, Secretary General of the Executive Council of Abu Dhabi Emirate and Managing Director of Environment Agency — Abu Dhabi (EAD) said: "Abu Dhabi Future Energy Company — Masdar — has invested in the financial and human resources necessary to achieve its goals and to face the challenge of providing renewable energy sources at a cost that can be available to developing countries."
The five-day conference, being held under the patronage of Shaikh Hamdan Bin Zayed Al Nahyan, the Ruler's Representative in the Western Region and Chairman of the EAD, is to help protect energy supply without damaging the environment, and improve renewable energy information and education. More than 500 scientists, researchers and experts from 92 countries are attending the conference, which has been organised by the EAD and the World Renewable Energy Network (WREN) in the UK. It will end on Thursday.
Al Bowardi said in his inaugural speech that Abu Dhabi and the UAE would like to become one of the world's leading countries in its transition towards sustainable development.