MoIAT pushes entrepreneurship in green technology at UAE Climate Tech forum
The Ministry of Industry and Advanced Technology (MoIAT) called on entrepreneurs, innovators and technology startups to participate in COP28 and to explore investment opportunities the UAE offers in financing climate action. Climate technologies will be a key topic at COP28, which will also showcase the UAE’s industrial sustainability best practices, as well as efforts to encourage the adoption of emerging green technologies.
MoIAT hosted three sessions at the UAE Climate Tech forum focused on the UAE’s investment, innovation, technology and entrepreneurship ecosystem, a key pillar of COP28, set to take place in November at Expo Dubai. During the sessions, the Ministry shed light on entrepreneurial success stories within the green technology field, showcasing the UAE’s supportive ecosystem and the opportunities the country offers to startups. The sessions also highlighted incentives and enablers that promote the growth of technology companies, as well as support for entrepreneurs and investors.
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.”
Her Excellency 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.”
