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1/22/25, 4:38 PM NextGen FDI, Climate First partner to accelerate UAE’s climate tech ecosystem – The Gulf Time Newspaper
NextGen FDI, Climate First partner to accelerate UAE’s

climate tech ecosystem

ABU DHABI/WAM

The Ministry of Economy’s NextGen FDI initiative has partnered with Climate First, a leading European private equity firm
specialising in climate innovation investments, to advance the UAE’s climate-tech ecosystem.
The partnership, which will see Climate First bring its portfolio companies to the UAE for networking, partnership and
expansion opportunities, was cemented with the inaugural Climate First UAE Roadshow, in partnership with the UAE Ministry
of Economy, during Abu Dhabi Sustainability Week (ADSW) 2025.
The Roadshow brought five pioneering climate tech companies – Climeworks, Energy Dome, ZeroAviva, Cylib, and
Glasspoint – to Abu Dhabi Sustainability Week to explore opportunities for establishing strategic, high-impact partnerships
with major UAE stakeholders driving meaningful decarbonisation in the Emirates.
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

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