Page 392 - MOE ENGLISH PR REPORT - JANUARY 2024

streamlining and standardising the regulatory processes surrounding

sustainability benchmarking around the world.

The EcoMark certification, which is based on ISO standards and digitally

enabled, will include a full suite of resources to help MSMEs attain EcoMark

status, covering document requirement guidelines and a roadmap to progress

from basic to advanced levels of sustainability, and a standardised application

process and complete eligibility criterion for accreditors in the participating

countries. The framework will be overseen by the headquarters in the UAE.

The initiative was announced at the World Economic Forum Annual Meeting

in Davos, Switzerland, by His Excellency Dr. Thani bin Ahmed Al Zeyoudi,

UAE Minister of State for Foreign Trade, during a panel discussion titled: “A

New Trade Order: Inclusive Growth”. The panel, which gathered ministers,

policymakers, and academics to explore means to better integrate Least

Developed Countries (LDCs), MSMEs, and female and youth-led businesses

into global trade, highlighted the need to help emerging enterprises keep pace

with increasing consumer demand for products and services that comply with

green standards.

Launching the initiative, H.E. Al Zeyoudi emphasized that MSMEs have a

pivotal role to play in driving the transition toward a lower-carbon economy.

https://en.aletihad.ae/news/uae/4457163/uae-launches-new--ecomark--green-accreditation-
framework-for