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1/22/25, 4:39 PM NextGen FDI and Climate First partner to accelerate UAE’s climate tech ecosystem - Middle East Business News and Information - …
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 decarbonization 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, HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade,
welcomed the Climate First roadshow emphasizing 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 decarbonization.”

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, commercializing 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 H.E. 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 program has welcomed
over 20 companies operating in future focused sectors such as AI, renewable energy, robotics,

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