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Wednesday, April 24, 2024

Wetex & DSS Promote Circular Economy in UAE

Wetex and DSS Illuminate UAE’s Circular Economy Drive The Water, Energy, Technology, and Environment Exhibition (Wetex) and Dubai Solar Show (DSS) serve as a platform spotlighting UAE’s sustainable circular economy efforts.

It fosters international partnerships and investments to promote innovation and adopt sustainable solutions, aiming to reduce risks, greenhouse gas emissions, and costs.

This initiative creates opportunities for revenue and constructive business models, enhancing resource efficiency and economic growth while prioritizing environmental preservation.

Held under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the event emphasizes the circular economy’s significance in UAE’s sustainable development strategy.

Research from Accenture suggests that the circular economy could add $4.5 trillion to global economic output by 2030, creating around six million jobs worldwide.

UAE’s Minister of Economy, Abdullah bin Touq Al Marri, underlines the circular economy’s role in achieving sustainable development and meeting climate commitments.

Wetex and DSS align with UAE’s goal of efficient natural resource management by encouraging circular economy investments, expanding current applications, and implementing global best practices.

The exhibition covers various sectors, including green infrastructure, transportation, manufacturing, and food production.

These efforts contribute to the UAE’s journey toward decarbonization and its net-zero emissions goal by 2050.

Omar Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology (MoIAT), highlights the exhibitions as platforms for innovation and entrepreneurship, supporting the UAE’s vision of becoming a global hub for industry and innovation.

MoIAT’s focus on advanced technologies aligns with the circular economy’s principles and aims to enhance sustainability across industries.

Wetex and DSS not only showcase advancements but also emphasize integrating circular economy principles into the economic value chain, enabling a seamless transition from linear to circular models. These initiatives propel the UAE’s sustainable development goals and its ambition to create a greener, more innovative future.

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