Page 450 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025
P. 450
3/13/25, 1:19 PM UICCA, Ministry of Economy partner to reinforce sustainability through launch of Circular Economy Cycle – The Gulf Time Newspaper
UICCA, Ministry of Economy partner to reinforce
sustainability through launch of Circular Economy Cycle
ABU DHABI/WAM
UAE Independent Climate Change Accelerators (UICCA) and the UAE Ministry of Economy (MOEC) have signed an
agreement to collaborate on advancing the circular economy. The agreement establishes a strategic framework for supporting
innovation and entrepreneurship through the Circular Economy Cycle of the UICCA Launchpad Programme.
The agreement formalises a shared commitment between UICCA and MOEC to drive sustainable economic growth by
fostering a supportive ecosystem for climate-focused startups. Through this collaboration, the MOEC will help promote the
programme, facilitate engagement with investors, and enhance regulatory alignment to strengthen market access for green
technologies.
The signing ceremony was witnessed by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of UICCA,
and Abdullah bin Touq Al Marri, Minister of Economy, and Chairman of the Circular Economy Council.
The agreement was signed by Abdulla Al Saleh, Under-Secretary of the Foreign Trade and Industry Sector at the Ministry of
Economy, and Zainab Aziz, General Counsel at UICCA. This was during the activities of the fourth edition of Investopia 2025,
held in Abu Dhabi.
Speaking on the importance of collaboration in advancing sustainability, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan
said, “Scaling circular economy solutions is a fundamental driver of the UAE’s sustainable economic vision. By adopting
circular economy principles, such as reducing waste, reusing materials, and promoting innovative design, the UAE is
positioning itself as a global leader in sustainable development while fostering new economic opportunities and enhancing
long-term competitiveness.
“The launch of the Circular Economy Cycle within the UICCA Launchpad Programme represents a pivotal step in this journey,
providing a dedicated platform for innovators, entrepreneurs, and businesses to develop and scale transformative climate
solutions. This initiative empowers creative thinkers to address pressing environmental challenges, such as resource
depletion and climate change, while delivering economic benefits through sustainable business models. By offering resources,
mentorship, and collaboration opportunities, the programme accelerates the growth of innovations that align with the UAE’s
ambitious sustainability goals.
“Our partnership with the Ministry of Economy underscores the UICCA’s unwavering commitment to fostering a dynamic
ecosystem where sustainable businesses can thrive, scale, and make a meaningful contribution to the nation’s Net Zero
https://gulftime.ae/uicca-ministry-of-economy-partner-to-reinforce-sustainability-through-launch-of-circular-economy-cycle/ 1/2