Home College and Campus Science Engineering Health Business Future tech investment 'must support transition to green economy' - Alice Gast by Stephen Johns 24 November 2021 Puraffinity, based at Imperial's White City Incubator, are a green technology company focussed on designing smart materials Imperial’s President Alice Gast says investment in future technologies must not be overlooked as countries strive to meet climate goals. President Gast was speaking at the Global Manufacturing and Industrialisation Summit (GMIS) at Dubai EXPO 2020. The Summit convened leaders and industry experts to discuss ways to prepare for the post-Covid-19 recovery and determine the role of the industrial sector to accelerate this recovery. A panel session, including President Gast, focused on the opportunity for countries to rethink their industrial models by leveraging economic recovery to support the twin, green and digital, transition to a climate-neutral and digital economy. President Gast speaking at the GMIS event in Dubai President Gast said: “Innovation takes time, it takes investment. We’ve benefitted from a tremendous innovation in RNA vaccines. If it weren’t for 20 years of research to guide us to a point where we were ready to make RNA vaccines, and they worked, we would be in a much different situation. “What I worry about with climate change is that it is a crisis, it’s urgent and you set political timetables. Goals are made with dates in mind and you have to take whatever technology is available and sometimes that can overlook and miss some of the new and exciting discoveries and things that will come if we keep that innovation powertrain going. "We have to do both, we have to take technologies that are available but we also have to put the effort in to making sure the future technologies that will make a big difference are there.” The panel also discussed ways that digital technology can accelerate the transition to a green economy. President Gast said: "Universities play a critical role in innovation. It is our integrated mission of research, teaching and innovation for the benefit of society that drives us. Bringing digital in to make a difference to climate change is exciting. We need those innovations, and the students we educate helped by digital technology to revolutionise research in areas like nuclear power, batteries and carbon sequestration." President Gast was joined on the panel by Imperial alum, Musabbeh Al Kaabi, Chief Executive Officer, UAE Investments, Mubadala, Saideep Raj, Global Head of Innovation, Accenture, and Steve Kiefer, Senior Vice President and President South America and International Operations General Motors. Imperial alumni in the UAE Musabbeh Al Kaabi, CEO of UAE Investments, Mubadala, speaking at GMIS Musabbeh Al Kaabi spoke about the role of oil and gas in the economic development of nations and opportunities for a greener economy. Musabbeh said: “The issue and agenda of climate change is becoming very critical going forward…in particular it’s very important to tackle the emission issue going forward. The industry have had many chances to embrace a new mode of operation, addressing the issue, and be part of a future sustainable economy.” President Gast met with some of Imperial's alumni living in Dubai Shadi Malak, CEO of Etihad Rail was also speaking on a panel about revolutionising supply networks. Imperial has more than 600 alumni living in the UAE including Dr Dalya Al Muthanna, President of GE UAE, Global Chief of Strategy & Operations. Thanks to Senior International Relations Officer Clare Turner’s strong relationships in the region, many of these alumni are becoming more connected to Imperial and President Gast enjoyed a series of excellent meetings throughout the visit. Imperial at Expo 2020 Dubai Two startup companies based at Imperial have won grants from the organisers of Expo 2020 Dubai to take their ideas global. Ideabatic, set up at Imperial’s Hackspace, have developed an innovative cooling system to help prevent vaccines being spoiled in harsh environments. Desolenator, which is located at the College's Incubator have developed a portable device that uses solar power to purify water. Article text (excluding photos or graphics) © Imperial College London. Photos and graphics subject to third party copyright used with permission or © Imperial College London. Reporter Stephen Johns Communications Division CONTACT DETAILS TAGS: Sustainability, President, Middle-East, Alumni, International See more tags Share this Tweet this Share on reddit Share on LinkedIn Print this story RELATED STORIES New centre to put London at heart of zero-carbon revolution FEATURED Professor Alice P Gast FREng Office of the President MEDIA MENTIONS Daily Express - Calls for investment in research and higher education to help tackle climate challenges Emirates News Agency - Cross-border partnerships crucial MORE College and campus LATEST NEWS GREEN ECONOMY Future tech investment 'must support transition to green economy' - Alice Gast COP26 AND ENGINEERING COP26: Q&A with leading engineer ahead of Academy ‘Ask the Engineers’ panel CLIMATE UNCERTAINTY "Large uncertainties" over warming outcomes from current climate policies MOST POPULAR 1 THREE THUMBS UP: Pianists learn to play with robotic third thumb in just one hour 2 HOUSEHOLD TRANSMISSION: COVID vaccines effective but household transmission of delta a risk for 1 in 4 3 TREATING OBESITY: Researchers awarded £1.2 million to trial a new weight loss treatment LATEST COMMENTS Comment on Professor Sir Huw Thomas made Knight Commander of the Royal Victorian Order: Informative and eye opening article on Sir Huw Thomas and current research into bowel cancer. 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