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Masdar: The First Major Hydrocarbon-Producing Economy A source of change for an ecological balanceAs the first major hydrocarbon-producing economy to take such a step, Abu Dhabi has established its leadership position by launching the Masdar Initiative. Masdar is a global cooperative platform for open engagement in the search for solutions to some of mankind's most pressing issues: energy security, climate change and the development of human expertise in sustainability. One key objective of Masdar is to position Abu Dhabi as a world-class research and development hub for new energy technologies, effectively balancing its strong position in an evolving world energy market. The Abu Dhabi government has created an alternative energy umbrella, which includes an academic institute, an innovation center, a clean development company and a special economic zone. |