The end session of the World Future Energy Summit witnessed a great success, it came in line with expectations from an independent survey conducted at the site of the event and found that buyers intend to place orders in the purchase of billions of dollars during the next period that follows the summit, which is an ideal platform to develop business as the largest event For the future of energy and sustainability in the Middle East.
The parties participating in the World Future Energy Summit signed no less than 27 memoranda of understanding, in a record number witnessed by the event which hosted 299 exhibitors, including 227 global bodies and 72 from the UAE, and witnessed the presentation of about 840 international brands. The number of attendees during the four days of the event was estimated at about 34,000 people, while the growth rate in international attendance was 11 percent compared to 2019, and the number of countries represented in this attendance was 125 countries, an increase of 17 percent over last year, indicating the strategic importance that Abu Dhabi has a position as a business hub between the continents of Europe, Asia and Africa.
On this occasion, the group's events director at the World Future Energy Summit, Grant Tuchten, expressed his admiration for the results of the summit, stressing that it shows once again that renewable energy markets and other sustainable technologies are "continuing to expand" and added: "Since the first session of the event in In 2008, renewable energy forces and sustainability engines moved to economic planning centers in the UAE and the GCC countries, and we are proud of our contribution to this growth, and our support for new business opportunities while continuing our drive towards environmentally sustainable best practices in the MENA region and its vicinity No, we do not expect the World Future Energy Summit to achieve more success in the coming sessions. "
The 2020 session of the World Future Energy Summit attracted a prominent group of exhibitors from the countries of the Gulf Cooperation Council, which included Marafiq, the Saudi Electricity Company and Saudi Aramco, along with the Gulf Cooperation Council Authority, as the first platform for businesses in the renewable energy and sustainability sectors in the Middle East . This session of the event also showed the increasing importance that the summit poses to the neighboring countries of the Gulf Cooperation Council, such as the markets of the Indian subcontinent and Africa, especially after witnessing a significant increase by 155 percent in the number of participating exhibitors from India.
The startups were also doing well at the World Future Energy Summit, as the event supported new innovative ideas at the Climate Innovation Cluster - Clix Forum, which formed a strong link between entrepreneurs and investors aimed at accelerating the growth of innovative business models. 49 startups participated this year, including 41 companies that demonstrated their innovations at the "Klix" Forum.
The focus of "Climate Innovation Exchange - Clix" forum, hosted by the Ministry of Climate Change and Environment, focused on four areas: sustainability in space, in strategic partnership with the Emirates Space Agency, and the future of energy, in partnership with the Abu Dhabi Energy Department, and the future of mobility, in partnership with the Petroleum Company Abu Dhabi National (ADNOC), the future of food and agriculture. The exhibitors participating in the forum were selected from 1,402 startups that applied to participate, and had the opportunity to present their creative ideas to experts and investors.
The list of sponsors of the World Future Energy Summit at its ending session 2020 included: Abu Dhabi Energy Department as a major partner for Abu Dhabi Sustainability Week, Abu Dhabi Energy Corporation as a strategic partner for Abu Dhabi Sustainability Week, Abu Dhabi Sewerage Services Company as a strategic partner for the Water Exhibition and Forum, and the Abu Dhabi Management Center Waste - Recycling as a strategic partner for the "EcoWest" exhibition and forum, Mubadala as a strategic partner, Abu Dhabi Chamber of Commerce and Industry as a business partner, and Exxon Mobil as a partner for the energy exhibition, and the Dubai Electricity and Water Authority as a partner in the field of efficiency, and Emirates Nuclear Energy Corporation as a partner in the energy field, Abu Dhabi Global Market as a partner in the field of sustainable financing, and Etihad Airways as the official air carrier.
It is noteworthy that the World Future Energy Summit is hosted by Masdar at the activities of the Abu Dhabi Sustainability Week, which is considered a prestigious platform aimed at accelerating sustainable development in the world. The summit is held annually at the Abu Dhabi National Exhibition Center. The next session is scheduled for January 18-21, 2021.