"Emirates Ring Economy" It discusses the development of new innovative policies and projects
Abu Dhabi, July 6 / WAM / His Excellency Abdullah bin Touq Al -Marri, Minister of Economy and Tourism, Chairman of the Emirates Corporation, stressed that the UAE, thanks to the directives of its rational leadership, has been keen to adopt integrated and developed national strategies and initiatives to enhance sustainable economic and social development and establish the pillars of the future economy, in line with the pillars of the circular economy, and supports the achievement of the target of the UAE agenda. For circular economics 2031.
This came during the meeting of the Emirates Council for the Second Ring Economy for the year 2025, which was held in the Biofuels in Abu Dhabi, headed by His Excellency Abdullah bin Touq, and in the presence of Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of independent speeds of the Emirates Climate Change, along with members of the Council from representatives of the government and private sectors, where the meeting witnessed a review of the proposals of the second batch of Circular circular economics policies in the country within the “Emirates Agenda for the Ring Economy 2031” in a number of vital sectors such as sustainable transport, sustainable infrastructure and clean industries.
His Excellency Abdullah bin Touq said: The circular economy is a major focus in the new economic model of the state during the next fifty years and based on more diverse and flexible economic elements, and in this context, we will continue to work through the council to enhance cooperation with the federal and local government agencies concerned and the private sector in order to accelerate the pace of developing the circular economy policies in the country within 4 main sectors that include manufacturing, food, infrastructure and transportation, in a manner that ensures the achievement of achievement The optimal exploitation of natural and financial resources.
His Excellency pointed out the importance of effective participation of the private sector in the national circular economy system and its motivation to adopt cleaner methods and techniques, reduce environmental stress and meet the basic needs, leading to achieving the state’s vision by being one of the leading countries in the field of green development.
Sheikha Shamma bint Sultan bin Khalifa Al Nahyan said that the circular economy is not just an environmental commitment, but rather a strategic opportunity to achieve a long -term sustainable economic growth, noting that the UAE believes in its ability to transform challenges into achievements, and to work continuously to enable entrepreneurs and develop innovative solutions that contribute to turning waste into valuable resources, and emphasized to continue to enhance cooperation with partners in the governmental and private sectors to support the policies that The wheel of the circular economy promotes the sustainability of prosperity and environmental responsibility for future generations.
In detail, the UAE Council for Ring Economy discussed the development of new innovative policies and projects that include building economic models that support projects and private sector companies operating in this promising sector, and the meeting also witnessed a presentation on legislative and organizational frameworks and approved national policies, which constitute the main pillars to enhance the state’s vision towards building a sustainable and innovative circular economic model based on international best practices.
The Council discussed the incentives and initiatives aimed at encouraging the establishment of projects and initiatives aimed at enhancing the sustainability of resources and adopting sustainable circular practices in all vital fields, and stimulating production chains and sustainable consumption, in order to support the establishment of the UAE’s position as a global center for the circular economy by the next decade.
He discussed the future trends to localize innovation and technology in circular manufacturing, as they are two main axes in the shift towards a more sustainable and flexible economy, as they play an important role in providing advanced solutions in industrial processes, which contribute to ensuring optimal use of resources, reducing waste, enhancing productive efficiency, and reducing environmental footprint in the industrial sector.
In this context, the Council discussed the importance of developing integrated digital platforms for the circular economy, especially a platform for supporting and empowering small and medium enterprises and startups operating in the fields of the circular economy in its various sectors within the country, which helps them to grow their business and motivate them to create vital projects that serve sustainability and exploit natural resources as required.
The meeting touched on the provision of a specialized platform for electronic trading for plastic materials, which aims to facilitate the purchases and sale of plastic materials safely via the Internet, and to facilitate the recycling operations of plastic waste, in a way that contributes to creating a digital system that supports sustainable growth and contributes to accelerating the pace of the shift towards the circular economy.
The Council also reviewed a presentation of Pepsico – Middle East, North Africa and Pakistan, which included the company’s most prominent efforts to use recycled plastic and the opportunities available in this field. At the end of the meeting, the importance of deepening the partnerships of the Council at the regional and global levels in the fields of circular economy and climate technology, and exchange best practices with international bodies and institutions with strong experiences in this regard, while enhancing the benefit of the global momentum that surrounds the procedures for dealing with climate change, and helps in setting state policies to achieve the transformation into a sustainable national economy.
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