Sustainable Finance: Here’s How Startups Can Excel In The Emerging Green Economy Of The UAE And The GCC … – Entrepreneur

  • Date: 29-Dec-2023
  • Source: Entrepreneur Middle East
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Sustainable Finance: Here’s How Startups Can Excel In The Emerging Green Economy Of The UAE And The GCC … – Entrepreneur



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As the awareness of the challenges posed by the environment being deeply affected by human activities is growing exponentially all around the world, changes are inevitable in how business is conceived, initiated, and managed. And this has a particular significance for startups that focus on new technologies and sustainability, which are increasingly looked at as a leading strategic segments for the future by business leaders around the world.This is a very clear global trend, with a remarkable presence in the GCC and Middle East, with the regions having recognized the importance of a sustainable approach to growth and development, as well as of the need to create a supportive environment for startups. As a consequence, we are witnessing a growing number of innovative startups in the sustainability ambit seeking funding to sustain their strategy and growth. Meanwhile, the leadership in the region has clearly declared its commitment to diversify the economy away from the dependency of commodities like oil, and to look at sustainability as one of the main pillars for future economic growth.Within such a strategic approach, startups need access to