The Dubai Clean Energy Strategy 2050 aims to transform the emirate into a hub for green energy and economy.
Under the plan, up to AED600 billion ($163.3 billion) will be invested in generating power from clean energy sources, aiming to increase clean energy to 75 per cent of the total energy mix by 2050.
The strategy is set to revolutionise the energy sector over the next three decades, with a commitment to sustainability in energy conservation, and an overarching goal to have the smallest carbon footprint in the world by 2050.
The UAE will focus on renewable, nuclear and clean energy sources, and will encourage individuals and corporations to raise their consumption efficiency by 40 per cent.
Dubai is the top performing city in the Middle East in the 2016 Sustainable Cities Index report, falling 52nd out of 100 cities around the world. The report prepared by design consultancy Arcadis ranks cities by three sustainability factors: people, planet and profit.
The AED50 billion ($13.6 billion) Mohammed bin Rashid Al Maktoum Solar Park, announced in 2012, supports the Dubai Clean Energy Strategy 2050. It is the largest renewable-energy project on a single plot in the world and will produce 5,000 megawatts when completed in 2030.
Dubai Electricity and Water Authority (DEWA) also launched a AED500 million ($136 million) Innovation Centre with research and development labs in the field of clean energy.