Abu Dhabi: The Abu Dhabi Investment Authority (ADIA) has organized the Energy Transition Summit, an event designed to closely examine the science, key drivers, and investment opportunities as part of achieving a low-carbon economy.
The summit was attended by international experts and leaders from academia, the investor community, and corporations directly involved in the energy transition, who presented their views on the impact of the energy transition on major asset classes.
ADIA Lab, the independent institute dedicated to basic and applied research in data and computational sciences, arranged sessions on the science of climate change, technological innovations, and the geopolitical aspects of the energy transition with leading international academics.
As a long-term and responsible investor, ADIA has taken numerous steps over the years to assess the investment implications of the shift to a low-emissions global economy. This event was designed to ensure that we continue to consider the latest thinking from a variety of perspectives when addressing one of the most complex issues facing investors today.
Mr. Khadem Alremeithi, Executive Director of the Infrastructure Department, shared.
The summit was the latest demonstration of ADIA’s long-term commitment to building its understanding of the opportunities and risks associated with the energy transition.
ADIA had held a similar internal event in 2018, which resulted in the introduction of a formal assessment of climate change factors for all new investments as well as recommendations for how ADIA could evolve its investment strategy to manage and benefit from changing market dynamics.