UAE, Denmark to cooperate on renewable energy
Danish incubator to be established at Masdar City
The United Arab Emirates (UAE) and Denmark have signed an agreement to cooperate in nine areas to advance renewable energy and sustainability globally.
The two countries will cooperate in the fields of policy exchange to support sustainable development; commercial renewable energy development; advancing carbon, capture, usage and storage technologies, and human capital development through education and job exchanges, among other areas.
The agreement was signed by Sultan Al Jaber, UAE minister of state and chief executive officer of Masdar, and Rasmus Helveg Petersen, Danish minister of development cooperation. The signing ceremony was attended by Danish Crown Prince Frederik.
Denmark and the UAE are among the world's leading new-energy, sustainability players.
The UAE, through Masdar, is at the forefront of renewable energy and clean technology investment - delivering nearly 1GW of clean power globally.
Under the agreement, one of the areas of collaboration is establishing a Danish Incubator at Masdar City - Abu Dhabi's low-carbon, sustainable city - to serve as a hub for Danish companies and to accelerate the adoption of sustainability technologies in the MENA region.