Browsing: Circular economy

The UAE has formalised three cooperation agreements to foster sustainable development across Asia and Africa, emphasising environmental, social, and economic growth. These agreements align with the country’s humanitarian mission to support societal progress, enhance well-being, and address current and future challenges.

The UAE’s industrial sector has witnessed significant growth in financing, with strong backing from both government and private entities. This collaboration is crucial for driving industrial expansion and achieving the ambitious goals of the “Operation 300 Billion” initiative, as highlighted by the Central Bank of the UAE (CBUAE).

Ministry of Climate Change and Environment (MOCCAE) is preparing to launch a framework for Extended Producer Responsibility (EPR) in the UAE. The initiative aims to address environmental challenges, promote waste reduction, increase recycling, and advance the circular economy for sustainable economic growth. It will encourage industries to adopt innovative manufacturing practices and foster public-private partnerships to develop effective waste management solutions.

The 10th World Green Economy Summit (WGES), organised by the Dubai Supreme Council of Energy, DEWA, and WGEO, focuses on climate finance as a core theme. Recognised as essential for enhancing climate resilience, this topic will be discussed by global leaders, experts, and specialists in green finance.

Borouge Plc, a leading petrochemicals company offering innovative polyolefins solutions, has announced plans to accelerate its growth in Asia through a strategic consortium. The consortium, which includes Borouge, ADNOC, and Borealis, has signed a Project Collaboration Agreement (PCA) with Wanhua Chemical and its subsidiary Wanrong New Materials (Fujian) in China.