Abu Dhabi, 07 March, 2019: Along with the National Innovation Strategy aimed at positioning Abu Dhabi as the leading hub for technological innovation and solutions to global environmental challenges, the Environment Agency-Abu Dhabi (EAD) and Abu Dhabi Department of Economic Development (ADDED) launched the region’s first ever Technology Innovation Pioneers Envirotech (TIP ET) Award on Tuesday, March 05, 2019 at the St. Regis Saadiyat Island Resort in Abu Dhabi on the sidelines of ’Blue Week’ and the ’World Ocean Summit,’ which will run until March 07, 2019 under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Force.
Led by EAD, TIP Envirotech is the latest awards program under the Technology Innovation Pioneers (TIP) Awards, a joint initiative by UAE Ministry of Economy and ADDED. The new award is a strategically important platform designed to accelerate the path towards achieving the objectives set within the UAE Vision 2021, as well as the goals of Abu Dhabi Vision 2030 and the longer-term ambitions identified under the UAE Centennial 2071 under the directions of the nation’s wise leadership. It is a platform that offers innovators and entrepreneurs the opportunity to present and pitch creative ideas and inventions to leading investors who can help turn their projects into practical applications.
With HSBC as Strategic Partner, the inaugural edition was launched by Dr. Mohamed Yousef Al Madfaei, Executive Director of the Integrated Environment Policy and Planning Sector, EAD and Salem Bin Shabib, Advisor of Innovation and Patents, ADDED, during a launch event held in the presence of local and international media representatives. The new award aims to tap into technological innovation that can create significant impact in the areas of clean energy, ocean conservation and single-use plastics.
The clean energy sector is seeking innovative technologies, products and services that will enhance the production of clean energy to reduce greenhouse gas emissions from sectors that consume a huge amount of water and electricity. For ocean conservation, it focuses on innovation which protects coastal and marine biodiversity from marine pollution, ocean acidification, and overfishing caused by industries, desalinated water production, aquaculture, and shipping and dredging. It also seeks to find new solutions to the mounting problem caused by single-use plastics pollution and targets to reduce plastic litter along a product’s life cycle through material and product design and manufacturing, consumption and disposal, waste treatment and waste clean-up.