Lorenzo Galanti, the Director-General of the Italian Trade Agency, announced that Italy exported global green technologies worth 65.5 billion euros in 2022, marking a significant increase of 12.7 percent on an annual basis. In the first seven months of 2023, exports of environmental goods witnessed another increase, reaching pound 40.5 billion, with a substantial growth of 7.6 percent.
He emphasised, in a statement, the participation of a large delegation representing Italian companies operating in various sectors during the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in Dubai. The aim was to exchange solutions and initiatives concerning the fundamental aspects of the green transition, shedding light on Italy’s progress in various sustainability sectors.
He clarified that Italy continues to showcase its leading efforts in circular economy practices within Europe. Additionally, Italy has allocated over pound 2 billion to implement effective strategies in th
e renewable energy sector and to provide infrastructure for managing and collecting green and flexible waste.
The Italian official pointed out that sustainability is considered one of the key drivers of economic growth in the United Arab Emirates, adding that cooperation with the UAE extends beyond merely exporting technology and developing renewable energy sources. It is a commitment to enhancing sustainable practices on a global level.
The Director-General of the Italian Trade Agency explained that Italy has secured its position as the sixth-largest supplier of components for renewable energy facilities in the UAE, contributing a total value of pound 134 million. This confirms Italy’s pivotal role in supporting the ambitious transformation of the UAE towards sustainable energy sources.
He added that the momentum continued in the first half of 2023, with Italian exports to the UAE surpassing pound 90 million, marking a 51 percent growth compared to the same period in the previous year. This makes Italy th
e fourth-largest supplier of components for renewable energy systems in the UAE.
Source: Emirates News Agency
