Expo City Dubai Authority launches a non-profit foundation to expand upon Expo Live's success in fostering global innovation.
The Expo City Dubai Foundation aims to connect people, ideas, and resources to tackle pressing global challenges. It will provide support through funding, collaborations, and business opportunities, fostering growth for social enterprises and problem-solvers from the Global South.
Following Expo City Dubai’s hosting of the COP28 climate summit and the most inclusive World Expo to date, the Foundation enhances the city’s position as a centre for meaningful partnerships.
Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation and CEO of Expo City Dubai Authority, said,
“Rooted in the bold vision and values of Expo 2020 Dubai, our pioneering Expo Live innovation programme continues to benefit millions of people around the world, yet we know we have the potential to do so much more, create many more opportunities and spur even greater impact. The creation of the Expo City Dubai Foundation is not only integral to our city’s vision and values, but also an inevitable next step.
“This new entity ramps up our commitment to a more sustainable, inspiring future, and demonstrates our determination to drive widespread positive change, while also reflecting our city’s track record as a trusted convener and our nation’s cherished value of giving. Working together, we can harness human ingenuity for true, meaningful progress, and we invite all who share our values – entrepreneurs, philanthropists, corporates and fellow foundations – to join us in this exciting new chapter.”
Hessa Buhumaid, Director-General of Dubai’s Community Development Authority, said,
“We are delighted to welcome the Expo City Dubai Foundation as an invaluable partner in our community development efforts, and are committed to providing a supportive regulatory environment where it can flourish. Our joint efforts to expand the Foundation’s scope of work reflect our leadership’s vision to work together towards a cleaner, safer, sustainable and more dignified future for communities around the world.
Badr Jafar, CEO of Crescent Enterprises and UAE Special Envoy for Business and Philanthropy, said,
“With trillions of dollars in strategic philanthropy expected to be practised across Asia and Africa in the years ahead, the UAE is uniquely positioned as a global hub for data, design and implementation of philanthropic solutions to our world’s greatest challenges. The Expo City Dubai Foundation, with Expo City Dubai’s proven track record in collaborative, targeted, and large-scale global impact, is central to realising this opportunity and responsibility.”
The Foundation extends Expo Live's impactful innovation legacy, supporting 191 initiatives from 92 countries. Previous cycles impacted 5.8 million people, generated 160,000 jobs, enhanced healthcare for 1.1 million, and restored 36 million hectares of land. The entity aims to forge partnerships to empower social entrepreneurs, fostering collaborative efforts for tangible community and environmental solutions.
News Source: Emirates News Agency
