Saudi Arabia & WEF’s UpLink sign deals to foster circular economy

Saudi Arabia & WEF’s UpLink sign deals to foster circular economy

The Kingdom of Saudi Arabia (KSA) and the World Economic Forum’s (WEF) innovation platform UpLink have signed two agreements to catalyze innovative global solutions to the most pressing environmental and sustainability challenges. The agreements was signed on the sidelines of the World Economic Forum Annual Meeting 2024 in Davos, Switzerland, by His Excellency Faisal F. […]The Kingdom of Saudi Arabia (KSA) and the World Economic Forum’s (WEF) innovation platform UpLink have signed two agreements to catalyze innovative global solutions to the most pressing environmental and sustainability challenges.

The agreements was signed on the sidelines of the World Economic Forum Annual Meeting 2024 in Davos, Switzerland, by His Excellency Faisal F. Alibrahim, Saudi Arabia’s Minister of Economy and Planning and Mr. Børge Brende, President of the World Economic Forum. The partnership agreements focus on ‘Catalyzing Innovation for an Ocean Positive Economy’ and ‘Catalyzing Innovation for a Positive Circular Carbon Economy (CCE).’

The two agreements aim to foster innovation ecosystems around early-stage impact entrepreneurs to stimulate investments and support for breakthrough solutions that address critical sustainable development challenges including ocean degradation, biodiversity loss, and the circular carbon economy.

The initiative is spearheaded by the Ministry of Economy and Planning (MEP), in partnership with the Ministry