Page 393 - MOE ENGLISH PR REPORT - JANUARY 2024

However, the contribution of MSMEs such as those run and operated by

underrepresented groups, including women and youth, can only be unlocked

through targeted and customized support that reduces time, cost and

resource constraints associated with environmental regulatory compliance.

H.E. Dr. 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.”

H.E. Dr. 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 World Trade Organisation's 13th Ministerial

Conference (MC13) in Abu Dhabi in February, His Excellency said EcoMark

underlines the UAE’s commitment to multilateralism and the desire to deliver

full and equal access to the global trading system.

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