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1/18/24, 3:52 PM UAE launches new ‘EcoMark’ green accreditation framework for MSMEs – The Gulf Time Newspaper
regulatory compliance.
Al Zeyoudi said, “Accounting for almost 90 percent of global businesses, MSMEs must have full access to
the global trading system if our vision of a more sustainable and equitable global economy is to be realised.
These enterprises are also important agents of change, with the flexibility and singularity of focus required to
drive sustainability across value chains.”
“The development of the EcoMark Global Accreditation as an accessible and universally recognised platform
will help them both find and compete in new markets around the world, and meet the growing demand for
sustainable products and services.”
Al Zeyoudi said the announcement builds on the progress made at COP’s first ever Trade Day held in Dubai
last month, where the UAE hosted a series of critical conversations on the contribution of trade to the
climate change challenge. As Chair of the WTO’s 13th Ministerial Conference (MC13) in Abu Dhabi in
February, he said EcoMark underlines the UAE’s commitment to multilateralism and the desire to deliver full
and equal access to the global trading system.
The World Economic Forum Annual Meeting 2024 in Davos is taking place under the theme “Rebuilding
Trust” and has brought together government and business leaders to engage in constructive, forward-
looking dialogues and help find solutions through public-private cooperation.
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