Page 457 - MOE ENGLISH PR REPORT - JANUARY 2025

From direct air capture and battery recycling to hydrogen-electric aviation and solar stream
generators for industrial processes, the five companies are developing some of the most innovative
and advanced solutions across key industries.
During ADSW, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed the
Climate First roadshow emphasising the importance of climate tech in driving sustainable
development.

He stated, “This partnership reflects the UAE’s unwavering commitment to innovation and
sustainability. Through the NextGen FDI initiative, we are creating a supportive ecosystem for
advanced technology companies to thrive and lead global efforts in combatting climate change.
By associating Climate First with the NextGen FDI initiative, we are fostering transformative
collaborations that will help shape the future of clean energy and industrial decarbonisation.”

Climate First, which has invested in more than 50 climate tech leaders globally, sees the UAE as an
ideal partner for scaling its companies’ impact, commercialising opportunities, and expanding their
presence across the region.

Nadav Steinmetz of Climate First stated, “We are honoured to partner with the UAE Ministry of
Economy and Dr. Thani bin Ahmed Al Zeyoudi during Abu Dhabi Sustainability Week. The UAE’s
commitment to innovation creates an unmatched ecosystem for advancing climate tech. At
Climate First, our mission has always been to drive impactful change through investments in
transformative, zero-carbon technologies. We are thrilled to bring pioneering European solutions to
the UAE. This collaboration will foster strategic partnerships to scale decarbonisation efforts.”

Under the theme “The Nexus of Next. Supercharging Sustainable Progress”, Abu Dhabi
Sustainability Week (ADSW) offers a global platform for advancing clean energy and sustainable
development. The event has gathered global leaders, innovators, and stakeholders to tackle some
of the world’s most pressing environmental challenges.

The partnership between NextGen FDI and Climate First aligns seamlessly with ADSW’s mission to
foster collaboration and deliver actionable solutions for a more sustainable future.

Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE’s drive to diversify its
economy and position itself as a global hub for innovation. To date, the programme has welcomed
over 20 companies operating in future focused sectors such as AI, renewable energy, robotics, and
advanced manufacturing, helping accelerate the UAE’s transition to a knowledge-driven,
sustainable economy.

ES / KN

https://www.wam.ae/en/article/bhqhl9e-nextgen-fdi-climate-first-partner-accelerate-uaes