MediSun Energy, a global frontrunner in osmotic (blue) energy technology, has officially signed the Abu Dhabi Sustainable Finance Declaration, marking a significant milestone in its commitment to sustainable solutions. This initiative aligns with the UAEโs Vision 2030 and its Green Economy for Sustainable Development initiative, reinforcing the companyโs dedication to advancing environmentally friendly practices.
The Abu Dhabi Sustainable Finance Declaration, led by the Abu Dhabi Global Market (ADGM) in collaboration with key public and private stakeholders, aims to create a robust ecosystem for sustainable finance in the region. By channelling investments into low-carbon and environmentally sustainable projects, the initiative plays a crucial role in supporting the UAEโs transition to a greener and more resilient economy.
By joining this initiative, MediSun Energy positions itself among a distinguished network of leaders committed to driving innovation and sustainability in finance. The companyโs proprietary WEGen Reverse Electrodialysis (RED) technology is set to revolutionise industries by enhancing desalination, energy generation, and other critical applications.
Dusun Kim, CEO of MediSun Energy, emphasised the importance of this signing, stating, โSigning the Abu Dhabi Sustainable Finance Declaration is a pivotal step in MediSun Energyโs journey to address pressing environmental challenges through innovation. This reflects our vision to collaborate with UAE stakeholders to build a thriving sustainable finance ecosystem while advancing shared global sustainability goals.โ
MediSun Energyโs participation underscores its commitment to reducing water and energy footprints, enhancing resource efficiency, and promoting green investments. The company is enthusiastic about collaborating with UAE organisations to integrate sustainable finance into transformative projects that align with the nationโs green economy ambitions.
In recognition of its pioneering work in merging energy and water technologies within sustainable development frameworks, MediSun Energy received a Special Mention at the Global Prize for Innovation in Desalination (GPID 2024) in November 2024. This acknowledgment further solidifies MediSun Energyโs leadership in delivering impactful solutions to contemporary environmental challenges.
Since its launch in 2019, the Abu Dhabi Sustainable Finance Declaration has attracted key players from both public and private sectors, including leading financial institutions and regulators. MediSun Energy is honored to join this esteemed coalition, reaffirming its commitment to advancing sustainable development through innovative technology and strategic partnerships.