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Renewable Energy Initiatives

Renewable Energy Initiatives. Lessons for Pakistan from Successful Regional Initiatives. Renewable Energy Revolution in the Middle East.

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Renewable Energy Initiatives

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  1. Renewable Energy Initiatives Lessons for Pakistan from Successful Regional Initiatives

  2. Renewable Energy Revolution in the Middle East • Despite having the largest deposits of fossil fuel why are the Middle East Countries using their wealth to advance in renewable energy technology and generation capacity? • It makes good business sense to conserve the high-priced black gold. • The fossil fuels are depleting and close to extinction • Renewable energy industry has a high projected growth rate so it justifies economic diversification into this prospering industry. • Abu Dhabi wants to develop into the world’s first-rate epicenter for renewable energy research, development and innovation.

  3. Mazdar City – Abu Dhabi • Country: United Arab EmiratesEmirate: Abu Dhabi • Initiated: 2006 • Chairman: Ahmed Ali Al Sayegh -  • CEO : Sultan Ahmed Al Jaber • Area: Total6 km2 (2.3 sq mi) • Time zone: Iraq Summer Time • Website: MasdarCity.ae

  4. Masdar City • The project is projected to cost US$22 billion In 2013, phase 1 is expected to be completed. • In 2020, the project is expected to be completed (delayed from 2016). • MasdarInstitute of Science and Technology, an educational institution with close ties to the Massachusetts Institute of Technology is also in Masdar City • 50,000 residents • 1,500 businesses • About 60,000 more workers are expected to commute into Masdar City every day. 

  5. Lessons to be learnt from M.E. Initiatives • Pakistan can create a model city like MASDAR with the help of government support, application of indigenized and foreign investment/ partnership. • Need for R&D demonstration projects at institutional level. (Like SZABIST Model Village in Gharo) • Invest in the Renewable Energy Industry which is going to grow and thrive upon the need for environment-friendly, alternative energies.

  6. Renewable Energy Revolution in China

  7. Chinese Examples of Practical Leadership in RES

  8. Renewable Energy Revolution in India

  9. Learning points for Pakistan from India’s Legal Framework

  10. COP 16 in Dec 2010 -Some Agreements Reached • More major investments and technology transfer to environmentally sound and sustainable Emission Reduction Projects in the Developing World. • A total of $30 billion in fast start finance from industrialized countries to support climate action in the developing world up to 2012 and the intention to raise $100 billion in long- term funds by 2020 is included in the decisions.

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