Entrepreneurial success stories in green technology comprise the agenda in one of the sessions hosted by the Ministry of Industry and Advanced Technology (MoIAT)  at the UAE Climate Tech forum. The session showcased the UAE’s supportive ecosystem, opportunities offered to startups, incentives and enablers for technology companies, and the country’s strong support infrastructure for entrepreneurs and investors.

MoIAT encouraged entrepreneurs, innovators and technology startups to participate in the COP28 (United Nations Climate Change Conference) which is set to take place in November 2023 at Expo Dubai, and to explore investment opportunities the UAE offers in financing climate action. Key topics will include climate technologies, the UAE’s industrial sustainability best practices, as well as emerging green technologies.

The Ministry hosted three sessions at the UAE Climate Tech forum which focused on the UAE’s investment, innovation, technology and entrepreneurship ecosystem, a key pillar of COP28.

Her Excellency Sarah Al Amiri, Minister of State for Public Education and Advanced Technology, said, “In line with the objectives of the National Strategy for Industry and Advanced Technology, the Ministry is developing an industrial sector that is underpinned by advanced technology, research and development, and sustainability. This foundation contributes to the UAE’s climate neutrality targets as well as to national efforts to achieve sustainable economic and industrial development.”

The Minister emphasized that the UAE has adopted a practical, pragmatic, and realistic approach to decarbonization across all levels of the value chain, creating an enabling environment to drive climate action through policies, financing, technology, and partnerships. She added: “Promoting entrepreneurship, research and innovation in the industrial sector, especially in climate technology, is among the ministry’s key priorities in driving in climate action.”

Source:  SME 10X