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Abu Dhabi / WAM
Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, stated that AED73 million is expected to be invested in the Climate Innovation Exchange Clix, Forum.
The forum will provide an opportunity for young innovators and entrepreneurs to develop innovative environmental concepts and solutions, to guarantee a better future for humankind and create realistic projects, he added.
In a statement to the Emirates News Agency (WAM), on the sidelines of the launch of the second edition of the forum, which is part of the World Future Energy Summit, Al Zeyoudi said that the success of the forum’s first edition and the $17 million that was invested in it both created demand for the second edition. The number of participation requests for the second edition rose by 222 percent, and the number of investors wishing to participate increased by 50 percent, he further added.
The minister highlighted the world’s need for real and effective innovations in the area of sustainability and climate change.
“The year 2018, alone, witnessed the negative effects of climate change. We have all witnessed this, in the immense forest fires that were out of control, and the extreme cases of drought in several areas around the globe, which now continue for longer periods, due to a rise in temperatures,” he further said.
“The current reality requires combined efforts and a greater intensity when working for the climate, which relies on the youth and their ability to innovate sustainable solutions to the causes of the climate change that will decrease the intensity of its repercussions,” Al Zeyoudi said in conclusion.