Page 48 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025
P. 48

UAE Circular Economy Council holds first meeting of 2025 to

                        discuss implementation of new circular economy policies



                Meeting reviews latest innovations and initiatives led by the private sector in the
                      fields of sustainable technology, clean energy, and waste management



               Abu Dhabi, March 12, 2025:
               The UAE Circular Economy Council held its first meeting of 2025, chaired by H.E. Abdulla bin
               Touq Al Marri, Minister of Economy, Chairman of the UAE Circular Economy Council, and
               Chairman of Investopia. The meeting was attended by H.H. Sheikha Shamma bint Sultan bin
               Khalifa Al Nahyan, President and CEO of the UAE Independent Climate Change Accelerators
               (UICCA), alongside council members from both the public and private sectors and international
               experts in circular economy disciplines. The meeting took place on the sidelines of the fourth
               edition of Investopia held in Abu Dhabi under the theme ‘Harnessing MegaForces.’
               The meeting discussed various mechanisms to implement new circular economy policies in the
               UAE  across key  sectors including sustainable  infrastructure, transportation, advanced
               manufacturing, food, and textile recycling. It focused on enhancing joint efforts to develop more
               collaborative initiatives between government and private sectors in these vital areas.

               H.E. Bin Touq said: "The UAE considers the transition toward a circular economy model as a
               key driver of sustainable economic and social development. Concerted national efforts to drive
               new policies and initiatives  that enhance resource efficiency,  foster innovation, and  attract
               sustainable investments are continuing, supporting the achievement of the ‘We the UAE 2031'
               vision  to position the country as  the global hub for the  new economy and the world's most
               prosperous society by the next decade."

               H.E. added: "The meeting holds special significance as it was convened under the umbrella of
               Investopia Communities this year. It witnessed key discussions on the development of circular
               economy policies and identifying appropriate funding mechanisms for transitioning to circular
               economy models. The platform provided a valuable opportunity to explore relevant global best
               practices and leverage them to enhance our own circular economy ecosystem."

               H.E. explained that the integration of circular economy into Investopia’s vision and action plans
               enhances the competitiveness of private sector companies in this vital sector and provides new
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