By John Rossomando
The Ministry of Climate Change and Environment (MOCCE) and the Emirates Growth Fund (EGF) have signed a landmark Memorandum of Understanding (MoU) to bolster Emirati companies pioneering innovative solutions in food security, sustainable agriculture, and environmental technology. The agreement was formalized during the inaugural UAE Agricultural Conference and Exhibition in Al Ain, attended by Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, and Najla Al Midfa, Vice Chairperson and Managing Director of the Emirates Growth Fund.
This strategic partnership aligns with the UAE’s National Food Security Strategy 2051 and the “We the Emirates” Vision 2031, aiming to empower small and medium-sized enterprises (SMEs) to strengthen the nation’s economic resilience and environmental sustainability. By fostering innovation in food and water security, local agricultural production, and climate-compatible technologies, the collaboration seeks to position the UAE as a global leader in sustainable development.
Dr. Amna bint Abdullah Al Dahak emphasized the critical role of the private sector in achieving national goals. “This partnership is a cornerstone of our efforts to build a self-reliant economy capable of addressing future environmental and food challenges,” she said. “By supporting SMEs in food supply chains and environmental innovation, we are laying the foundation for a sustainable economy that ensures resilience and adaptability in the face of global challenges.”
The MoU outlines a framework for cooperation, including the exchange of expertise, joint promotion of innovative companies, and showcasing Emirati success stories that align with the UAE’s long-term vision for climate and food security. The partnership will prioritize growth-stage companies that contribute to sustainable agriculture, water resource management, and environmental technologies.
Najla Al Midfa highlighted the Emirates Growth Fund’s commitment to fostering innovation. “Our mission is to empower companies addressing national challenges through innovation and expansion,” she said. “Beyond providing patient capital, we offer strategic guidance, governance support, and access to growth networks, ensuring a lasting impact on the UAE’s sustainability and economic sovereignty.”
Established with a capital of AED 1 billion ($272.29 million), the Emirates Growth Fund is a leading investment platform supporting Emirati companies in strategic sectors, including food security, manufacturing, healthcare, and advanced technology. The fund goes beyond traditional financing, fostering institutional growth and sustainable national impact through long-term partnerships.
The UAE Agricultural Conference and Exhibition served as an ideal platform to announce this collaboration, showcasing the UAE’s commitment to innovation in agriculture and environmental solutions. As the nation continues to lead in integrated water resources management and sustainable practices, this partnership marks a significant step toward a more resilient and self-sufficient future.
