SRTIP targets international investors and startups through COP28-related activities and ventures

SRTIP targets international investors and startups through COP28-related activities and ventures

Sharjah:- As the UAE prepares to host the all-important 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in November in Dubai, the Sharjah Research, Technology, and Innovation Park (SRTIP) is among the active players proactively supporting the global event’s goals of combating climate change. COP28’s lofty objectives of accelerating global efforts of reducing emissions by 43% by 2030 are at the core of STRIP’s mission of nurturing and funding startups that are committed to creating environment-friendly innovations. The UAE became the first country in the region to commit to an economy-wide reduction in emissions by 2030 by launching the National Net Zero by 2050 Pathway in November 2022, which sets the timeframe and identifies the mechanisms to implement the UAE Net Zero by 2050 strategic initiative. As the region’s vibrant hub for green startups, SRTIP is aligning its activities and the various projects of its startup tenants to be in harmony with the goals of COP28. SRTIP is currently engaged in several real-world projects aimed at reducing carbon footprint and developing sustainable infrastructure. Noteworthy projects include hydrogen-related initiatives and the collaboration with the American University of Sharjah in green hydrogen energy. Additionally, SRTIP