1、Photo by KearneyBuilding on progressHow the UAE can solidify its position as a global climate-tech hubPhoto by KearneyHub71,Abu Dhabis global tech ecosystem,supports innovative start-ups in developing sustainable technologies for a net zero future,through strategic partnerships with leading companie
2、s and government agencies.It accelerates project implementations and fosters a cohesive entrepreneurial community.Kearneys Center for a Sustainable Future has investigated the potential avenues for improvements,and this report concludes with a shared call to action for public and private entities to
3、 overcome remaining hurdles.Toward that end,the UAE should introduce tax relief for climate-tech investments,enhance the in-country value(ICV)program,reform procurement processes,launch a business-to-business matchmaking effort,and extend the regulatory sandbox program to climate-tech innovations.Su
4、ch actions will foster an even more conducive environment for dynamic growth,advancing the UAEs sustainability goals as well as its climate-tech ambitions.The United Arab Emirates(UAE)is rapidly becoming a center for climate-tech innovation,leveraging its robust infrastructure,strategic internationa
5、l partnerships,and significant investments in renewable energy.While the sector remains in its early stages of development,the UAEs commitment to net zero emissions by 2050as well as its hosting of major events such as Abu Dhabi Sustainability Week(ADSW)and the 2023 United Nations Climate Change Con
6、ference(COP28)have positioned the nation as a leader.As the Middle Easts climate-tech industry has seen significant growth,many of the regions top start-ups have been based in the UAE.This emergence is founded on a growing sustainable energy community within the UAE,in both the private and public se