UICCA and UAE Ministry of Economy Collaborate to Propel Circular Economy Initiatives

The UAE Independent Climate Change Accelerators (UICCA) and the UAE Ministry of Economy (MOEC) have joined forces to advance the circular economy through a strategic agreement signed at Investopia 2025 in Abu Dhabi.

The partnership establishes a framework to foster innovation and entrepreneurship via the Circular Economy Cycle of the UICCA Launchpad Programme.

The collaboration aims to drive sustainable economic growth by empowering climate-focused start-ups. Under the agreement, MOEC will promote the accelerator, engage investors, and enhance regulatory alignment to bolster market access for green technologies. Witnessed by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of UICCA, and Abdullah bin Touq Al Marri, Minister of Economy, the signing marks a significant step in supporting the UAE Circular Economy Policy 2031.

Sheikha Shamma highlighted that the initiative will provide a dedicated platform for entrepreneurs to scale climate solutions, addressing resource depletion and climate change. Meanwhile, Bin Touq reaffirmed the UAE’s commitment to adopting circular economy principles across key sectors, including manufacturing, food, infrastructure, and transportation.

The Circular Economy Cycle of the UICCA Launchpad Programme will officially launch in May 2025, offering zero-equity, market-access support to early-stage ventures. Applications are now open to local, regional, and international start-ups, with the registration portal live from 27 February 2025.

UICCA also unveiled findings from its inaugural policy brief on the financial challenges faced by climate-tech start-ups. The report calls for dedicated scale-up funds, streamlined regulations, and cross-border market integration to bridge the growth-stage funding gap in the UAE’s climate-tech ecosystem.

For applications and policy brief details, visit UICCA Launchpad and UICCA Resources.

News Source: Emirates News Agency