UAE signs deals with WEF to accelerate climate action

The UAE has signed a number of partnerships with the World Economic Forum with the aim to accelerate climate action and bolster trade resilience.

It will see Dubai host the annual meeting of the Global Future Councils in Dubai in October 2023 and the organisation of an annual forum for TradeTech Global: Catalyzing trade technology deployment.

The agreements were unveiled during a high-level meeting between Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Prof. Klaus Schwab, WEF Founder and President, on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland.

"The partnership with the World Economic Forum contributes to strengthening the UAE's efforts aimed at meeting the current and future stages’ requirements. It also strengthens the UAE's position as a regional and global center for studying innovative government practices and developing mechanisms to support government work," said Al Gergawi.

Meanwhile, Prof. Klaus Schwab highlighted how the "complex and interconnected challenges of today require global cooperation to drive tangible, systems-positive change for the long-term". 

Al Gergawi affirmed that the partnership with the World Economic Forum contributes to strengthening the UAE's efforts aimed at meeting the current and future stages’ requirements. 

"It also strengthens the UAE's position as a regional and global center for studying innovative government practices and developing mechanisms to support government work," he added.