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Zayed energy prize nominations invited

Abu Dhabi, July 6, 2008

Nominations are being invited for a prestigious award to recognise individuals, companies and organisations leading the global search for future energy solutions.

The winner of the Zayed Future Energy Prize, named after the UAE’s founding father, the late Shaikh Zayed bin Sultan Al Nahyan, will receive $1.5 million and two finalists will receive $350,000 each to take their ideas and ambitions forward.

The award will be announced at the World Future Energy Summit on January 19 next year.

Nobel laureate Dr Rajendra Kumar Pachauri and Masdar CEO Dr. Sultan Al Jaber announced the start of the nominations in Abu Dhabi.

Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces General Shaikh Mohammed bin Zayed Al Nahyan launched the Zayed Future Energy Prize in January this year at the inaugural World Future Energy Summit.

It aims to encourage innovations in the field of clean energy and sustainable development and is a Masdar initiative, which is Abu Dhabi’s landmark programme to develop sustainable solutions to meet the world’s future energy demand.

Besides Dr Pachauri, chairman of the Intergovernmental Panel on Climate Change, the jury includes Iceland President Olafur Grimsson, Jordan’s Environment Minister Khaled Irani, Masdar chairman Ahmed Ali Al Sayegh, Riverstone Holdings managing director Lord John Browne, Foster + Partners founder and chairman Lord Norman Foster and Foundation on Economic Trends president Jeremy Rifkin.

"Climate change is one of the most significant challenges we face today. Over the past two decades we have seen some incredible advancements in the development of alternate sources of energy, but there is still a long road ahead. The Zayed Future Energy Prize will be an important symbol for creating future energy choices, as it will be honoring the contributions of energy pioneers and inspiring others to seek and create innovative solutions for a sustainable future,” said Dr. Pachauri, who is also chairman of the jury.

“In establishing the prize, Abu Dhabi honours and continues Shaikh Zayed’s environmental legacy and advocacy for sustainable development. This vision is for a new energy future, whereby the world has access to energy that is sustainable, accessible, and affordable. This can be achieved by driving the best minds to explore science and technology, and develop evolutionary solutions,” added Masdar chief executive officer and Zayed Prize director general Sultan Al Jaber.

A dual language, Arabic and English website was designed specifically for the prize and is now live. The website, www.zayedfutureenergyprize.com, will be a focal point for information and updates on the prize and will be a portal for entering nominations and submissions.

Nominations and submissions will be open until July 31 and September 30, respectively. – Trade Arabia News Service




Tags: UAE | abu dhabi | Environment | Green | Zayed Prize |

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