The Sustainable Falcon: Dubai's Path to Becoming a Green Economic Leader

The Sustainable Falcon: Dubai's Path to Becoming a Green Economic Leader

Heather Webb (Higher Colleges of Technology, UAE) and Shubo Liu (Central University of Finance and Economics, China)
DOI: 10.4018/978-1-5225-9377-5.ch001

Abstract

It has become vital to understand the economic, environmental, and social impact “going green” has on the region as well as on the interlinked relationship between sustainable consumption and production. This chapter focuses on Dubai's green growth strategy and the process for anticipating success while comparing its policy and initiatives to other major cities. In addition, the chapter reviews current regulations along with low carbon initiatives as part of Dubai's green, sustainable development. As Dubai prepares for Expo 2020, the city is focusing on generating sustainable, green innovations. Indeed, climate change has shaped the need for cities and countries to be more aware of their surroundings, and Dubai is no exception in developing a fully, sustainable city to become a green, economic leader.
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Defining Sustainabile Development

The Brundtland Report was one of the first reports to give context to sustainability with the definition “sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs” (World Commission on Environment and Development, 1987). This report introduced, on a global level, the term sustainable development. The term sustainable development combines technological advances while considering the costs aspects while seeking to improve the quality of life. Whereas, the United Nations Environment Program (UNEP) defines green economy as “one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities” (UN, 2018). Technology slowly mediates between society and the environment in a green economy. A green economy is sustainable infrastructure that takes all human needs into consideration regardless of profitability aims. Indeed, sustainability is a strategic verb in getting companies to take action where governments support with policy creations.

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