Dubai's Climate Tech Opportunities

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Why Dubai-based VCs are looking to invest in European climate tech

Summary

Nutrition label

86% Informative

In April , Dubai experienced its heaviest rainfall in 75 years over a 24-hour period, triggering floods and chaos.

The UAE’s Net Zero 2050 strategy is designed to act as a stimulus for economic and societal advancement by leading the transition to net zero emissions.

Climate tech startups in the region have attracted about two-thirds of total funding in MENA between 2018 to 2022 , accounting for $401 million — equivalent to 62% of total regional investment.

The DMCC x AGCC: Global AI Challenge Sustainability Edition , will be aimed at discovering and showcasing AI-driven innovations with a positive impact on the GCC region.

The largest AI -focused startup competition at Expand North Star 2024 invites startups, research teams and developers to present their most advanced AI solutions.

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Informative language

Neutral language

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formal

Language

English

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not offensive

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not hateful