UAE, Canada supports global circular economy transition

By Rahul Vaimal, Associate Editor
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UAE Circular Economy Council organized a virtual UAE-Canada High-Level Event on Circular Economy in partnership with the World Economic Forum, to highlight examples of Emirati and Canadian leadership in the circular economy.

The meeting was presided by UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi and Parliamentary Secretary to the Minister of Environment and Climate Change Canada, Peter Schiefke, and moderated by Antonia Gawel, Head of Circular Economy & Innovation, World Economic Forum.

Dr. Thani stressed the commitment of the UAE to become one of the world’s most circular economies. The UAE is the first signatory of the World Economic Forum’s Scale360° Partnership which gathers together global partners to fast-track the move towards a circular economy by incorporating Fourth Industrial Revolution technologies and innovation.

Dr. Thani bin Ahamed Al-Zeyoudi
Dr. Thani bin Ahamed Al-Zeyoudi
UAE Minister of State for Foreign Trade

“The circular economy offers global leaders an enormous opportunity to build a transformative post-COVID future that will pave the way for more resilient, equitable, and sustainable economies around the world. The UAE is proud to be leading on this front through the WEF Scale360° initiative, our close partnerships with countries like Canada, and our deep collaboration with private sector companies such as Majid Al Futtaim-Holding, which has prioritized the circular economy across its value chains.”

Peter Schiefke underlined in his statement the excellent bilateral relations enjoyed by Canada and the UAE. “Both the countries understand the enormous opportunity that the transition to a more circular economy offers us,” he said.

Also, he showed how Canadian businesses are updated to introduce efficient and innovative clean technologies to the market to address environmental challenges.

Antonia Gawel emphasized that public-private collaboration is critical in shaping global, regional, and industrial agendas efficiently, effectively, and sustainably. Ms. Gawel also recognized the leadership of the UAE and Canada in promoting the adoption of the circular economy and commended the UAE for their initiative to bring together a bilateral dialogue.

Mr. Schiefke expecting strong UAE participation at the World Circular Economy Forum (WCEF) 2021, which will be hosted by Canada in September 2021.

The WCE2021 will introduce dynamic new voices to the global conversation and take an in-depth look at circular possibilities in the North American and global context. It will also explore the “game-changing” actions and structural changes required to enhance the global circular transformation.