Abu Dhabi-based $15b worth renewable energy company, Masdar and members of the International Desalination Association (IDA) have launched a global clean water alliance at the COP21 in Paris, seeking to boost water security under the H2O minus COs formula, reported Trade Arabia.

Masdar stated that the H20 minus CO2 consensus is a key component of the Lima Paris Action Plan with more than 80 initial signatories from among public, and private stakeholders, and aims at using clean energy resources to power new desalination processes, and retrofit existing plants accordingly.

Masdar CEO, Dr Ahmad Belhoul, said that the UAE was the first regional country to have set its renewable energy targets, aspiring to increase its clean energy share by 24 % by 2021, and had pledged to establish a  “Silicon Valley of Cleantech” in the UAE, Clean Technica wrote.