Future Pipe Industries attended the Future Sustainability Forum in Dubai

Published on 9 December 2024

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Future Pipe Industries attended the Future Sustainability Forum on December 4 and 5. The event brought together sustainability experts, energy and decarbonization leaders, climate tech and social impact entrepreneurs, and business owners, all united by a shared goal of driving sustainable change and climate action. It showcased groundbreaking ideas and sparked inspiring conversations. The panel discussions and keynote sessions provided valuable insights, allowing us to absorb actionable solutions to some of the most pressing sustainability challenges.

The forum began with the DIFC’s presentation on Net Zero. The UAE became the first country in the MENA region to commit to Net Zero in 2021, with Dubai positioning itself as a leader in sustainable finance. The subsequent panels focused on topics such as advancing investment through regulatory frameworks, raising capital for climate tech, aligning the economy with environmental goals, designing for Net Zero, building future cities, reimagining agriculture and manufacturing, sustainable mobility, and more.

A central theme of the discussions was the importance of public-private collaboration, governmental regulation and incentives, and private sector leadership in pioneering sustainable technologies for wider adoption, scalability, and affordability, while simultaneously fostering market-driven sustainability. Eoin from Commercial Bank of Dubai emphasized ESG metrics as “the leading indicator of future business resilience,” while Alice from Cambridge Institute for Sustainability Leadership shared a thought-provoking reason for adopting sustainable business practices: “anything unsustainable will eventually stop.” Priya from Unilever offered an insightful definition of a sustainability mindset, describing it as “having agility and being solution-oriented.” Many participants also highlighted the importance of supplier collaborations for supply chain decarbonization, with many companies, like Landmark Group, now adopting ESG criteria and assessing and auditing suppliers through digital platforms and other innovative methods. A few panellists called for greater engagement from Generation Z in climate discussions at similar events.

With regards to future energy solutions, much attention was given to innovations in carbon capture, utilization, and storage (CCUS), as well as hydrogen. Capt. Saif from AD Ports announced the pilot test of the first ship equipped with CCUS technology, highlighting the potential of this approach in reducing emissions in maritime sector. The panels also emphasized the growing importance of low-carbon hydrogen and ammonia in the energy transition, especially as biofuels are limited due to the insufficient biomass available for hard-to-abate sectors like maritime and aviation. ENGIE is actively developing green hydrogen projects, including a strategic alliance with Masdar to explore a UAE-based green hydrogen hub with a capacity of at least 2 GW by 2030. ADNOC unveiled plans to capture 5% of the hydrogen market by 2030, recognizing hydrogen’s critical role in decarbonizing these hard-to-abate sectors, while aiming to achieve net-zero emissions by 2045. Furthermore, Dubai Taxi announced its ambitious target to transition to a 100% electric fleet by 2040, reinforcing the complementary role of both electric vehicles and hydrogen in shaping the future of sustainable mobility.

We look forward to attending more Sustainability forums in 2025 and years to come, and contribute to regional Sustainable Development Goals through participation, partnerships and cooperation.

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