Page 471 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025
P. 471

UICCA, Ministry of Economy partner to reinforce

               sustainability through launch of Circular Economy


               Cycle


               Story by MA / TF

                • 1w •


               ABU DHABI, 28th February, 2025 (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 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 aspirations. This collaboration reflects a shared
               vision to drive forward the circular economy agenda, creating a future where economic prosperity
               and environmental stewardship go hand in hand. Through collective action, we aim to inspire
               industries, policymakers, and communities to embrace sustainable practices, catalyse innovation,
               and shape a future where people and the planet can prosper together."

               Abdulla bin Touq Al Marri said that the UAE, thanks to the vision of its wise leadership, has made
               great strides in transitioning to a circular economy model, which is also one of the main pillars of
               the sustainability and growth of its national economy.
               In this context, he elaborated that this would continue their concerted efforts to implement the UAE
               Circular Economy Policy 2031, which consists of 22 policies for four key sectors: Manufacturing,
               Food, Infrastructure and Transportation.

               These will promote the adoption of the best technologies in recycling, enhance the efficiency of
               resource use and reduce waste, and create new growth opportunities based on innovation,
               knowledge and investment in new economic sectors.

               He pointed out that Investopia stands out today as a global platform that brings together decision-
               makers, investors and entrepreneurs to discuss innovative economic solutions that anticipate the
               future of vital sectors. Hence, the launch of the Circular Economy Cycle of the UICCA Launchpad


               https://www.msn.com/en-ae/news/other/uicca-ministry-of-economy-partner-to-reinforce-
               sustainability-through-launch-of-circular-economy-cycle/ar-AA1zZ5lM?ocid=BingNewsSerp
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