Page 49 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025

opportunities for innovation and sustainable project development, further supporting the UAE’s
economic growth.
The Minister of Economy continued: "The adoption of circular economy policies maximizes the
efficient use of natural and economic resources, transforming challenges into real opportunities
that drive economic growth. The private sector plays a key role in accelerating the development
of these policies and launching sustainable projects and initiatives that support this shift."

H.H. Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of UICCA, said:
"The circular economy is a fundamental pillar in shaping a sustainable future and a robust
economy rooted in innovation and effective resource redeployment. Strengthening policies that
support circular business models would help ensure widespread economic, environmental, and
social benefits. The UAE’s dedication to the circular economy is more than an economic
strategy, it is a comprehensive vision that strengthens competitiveness, drives innovation, and
paves the way for sustainable growth, ultimately leading us toward climate neutrality."

H.H. added: “The launch of the Circular Economy Cycle under the UAE Independent Climate
Change Accelerators’ ‘Launchpad’ program marks a milestone in accelerating innovation and
creating practical resolutions to address pressing environmental issues. This program extends
beyond supporting entrepreneurs; it enables them to translate their ideas into influential projects
that bring about real change, reduce carbon print, and leverage natural assets in smart and
sustainable ways. Through offering guidance, collaboration with investors, and fostering avenues
for growth, we are committed to accelerating the adoption of circular solutions in crucial sectors
like infrastructure, manufacturing, food, and transportation to ensure a comprehensive shift
towards a low-carbon economy.”

“The collaboration with the Ministry of Economy reflects our strategic commitment to
supporting and empowering startups that focus on sustainable solutions. This fosters a flexible
environment that promotes innovation and growth, ensuring a tangible influence on the economy
and society. This partnership is not just an agreement; it rather serves as a foundation for
establishing the circular economy as a key driver of sustainable growth. It also ensures that
economic development aligns with measures needed for the preservation of natural resources.
Through this partnership, our goal is to inspire industrial sectors, enhance the role of decision-
makers, mobilize collective efforts to embrace responsible practices, encourage innovation, and
build a future that balances economic prosperity with environmental sustainability.”

Additionally, the meeting explored the formulation of new policies aimed at addressing
financing challenges faced by UAE’s climate technology startups in order to contribute to
reducing carbon emissions. The participants discussed the means to bolster the UAE’s