His Excellency Dr. Thani Alzeyoudi, Minister of Climate Change and Environment, held his first business gathering with businessmen and representatives from leading national companies at the ministry’s headquarters.
The gathering aimed at boosting the private sector’s contribution and guided private companies to be aligned with the government’s environmental strategies and creating new investment opportunities between the ministry and the private sector.
During the gathering, attendees highlighted the important role the private sector plays in supporting environmental projects, reducing carbon emissions and reinforcing the transformation towards a green economy. They also reviewed the best-applied global practices in establishing partnerships between public and private sectors, and the benefit that governments could gain because of that cooperation.
Attendees also discussed the Ministry of Climate Change and Environment’s proposal to strengthen collaboration with the private sector, achieve the desired objectives and determine the best ways to boost the relationship with businessmen and the private sector. Currently, relationships between the ministry and the private sector are defined by two main categories, legislative and contractual, in line with the ministry’s requirements and services it provides to the businessmen.
HE Dr. Alzeyoudi commended the role of national companies in supporting the economic growth of the UAE, across all sectors. He pointed out that this gathering aims to encourage the private sector to invest in environmental projects and hence contribute towards the UAE national climate change initiative, and also help the nation in fulfilling its environmental and developmental needs in the food security and sustainable infrastructure sectors. His Excellency stressed the importance of collaboration to improve and further develop the procedures that pertain to the services offered by the ministry, to expand the ministry's vision to be aligned with businessmen perspective.
Dr. Alzeyoudi indicated that the gathering would propose innovative and technological initiatives in the environment and climate change sector that are in line with the global direction, urging private companies to adopt corporate social responsibility programs that aim at reducing carbon emissions, in addition to improve and develop the ministry’s services to the private sector.
Reviewing several proposals and initiatives to increase partnerships between the ministry and the private sector, attendees also discussed the ‘bundle of partnerships with the private sector’ initiative which serves as the launching pad for implementing several leading projects focused on the transformation towards green development and supporting UAE’s efforts in addressing global climate change.
Concluding the gathering, His Excellency the Minister of Climate Change and Environment discussed with the businessmen and the representatives of private companies, the key challenges facing the business sector and the current relationship with the ministry. They also exchanged several suggestions and ideas to improve future collaborations between the ministry and the private sector.