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University of Vaasa - Vaasan yliopisto

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Although difficult to precisely measure, the following direct results are expected<br />

from the project by 2016:<br />

619<br />

• 10,000 new high-quality jobs in the clean energy and sustainable technologies<br />

sector in Abu Dhabi,<br />

• 500 full-time Masters and PhD students, and 80 high caliber faculty at the<br />

MASDAR Institute specializing in clean energy and sustainable technologies,<br />

• a multibillion-dollar expansion <strong>of</strong> the Abu Dhabi non-oil economy, and<br />

• the creation <strong>of</strong> a world-class scientific and research hub which is currently<br />

non-existent in the Gulf region; such a hub can become the core <strong>of</strong> other<br />

knowledge-based activities and industries in addition to clean energy.<br />

The whole society will certainly benefit from the creation <strong>of</strong> the renewable energy<br />

sector through job creation, research and development in RE technologies, and<br />

graduate educational opportunities at the MASDAR Institute. Society and the<br />

environment will benefit through the accelerated use <strong>of</strong> renewable energies<br />

developed and/or produced at MASDAR.<br />

ADFEC as The “Prime Mover” in Sustainability and Social<br />

Responsibility<br />

CSR is not new to UAE, the Emirates Environmental Group (EEG) 100 which has<br />

been active in the country since 1991 has established a CSR network in 2004. The<br />

objective <strong>of</strong> the network is to establish collaboration with leading public and private<br />

enterprises on solving environmental problems and promoting sustainable<br />

development through the concept <strong>of</strong> CSR. In addition, many UAE organizations are<br />

current participants in UNGC.<br />

Building a renewable energy industry is a big challenge especially when workforce,<br />

institutions, and infrastructure don’t have the experience. Therefore, the country will<br />

need the private sector to take the leadership role in close partnership with the public<br />

sector by providing technical expertise, financial capability, and political power to<br />

safe sail UAE in the right direction. ADFEC is considered to be a “Primary Mover”<br />

and will leap-frog Abu Dhabi into the renewable energy sector and will ensure that<br />

the 7 percent target that was set by the government <strong>of</strong> Abu Dhabi by 2020 is met.<br />

That is why ADFEC is trusted by the government to implement the MASDAR<br />

Initiative. This initiative since its inception had a positive and a propagating impact<br />

on local, regional, and global levels. The MASDAR Initiative has been called many<br />

“names” that reflect its global importance such as a “Lighthouse,” a “Hydrogen<br />

Bomb,” a “Sustainability Laboratory,” etc. Table 3 summarizes ADFEC’s role on<br />

the local, regional, and global sustainability levels. This is not a complete mapping <strong>of</strong><br />

ADFEC sustainability and CSR practices but only a high level listing <strong>of</strong> the primary<br />

activities that shows how sustainability is core to ADFEC. Most <strong>of</strong> the activities<br />

listed in the table are in accordance to the United Nations Global Compact (UNGC)<br />

100 http://www.eeg-uae.org/csr

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