Skip to content Skip to Search
Skip navigation

Businesses view recycling and water as climate priorities

Recycling is among the top conservation priorities for British businesses in Dubai Reuters
A man arranges broken glass to be recycled. Recycling is among the top conservation priorities for British businesses in Dubai
  • Dubai businesses surveyed
  • Water conservation top priority
  • Confident Cop28 will have lasting effect

Recycling, water conservation and protecting nature are the top priorities for tackling climate change, according to a survey of Dubai companies conducted by AGBI and the British Business Group to coincide with the Cop28 climate summit.

Of the 72 BBG member businesses asked, more than three quarters (79 percent) plan to prioritise recycling over the next year. 

Water conservation was cited as an area in which 58 percent of respondents would like to see more investment over the coming 12 months.

The UAE government identified 2023 as "The Year of Sustainability", with a commitment to taking collective action across five areas: water conservation, waste management, energy, transportation and sustainable development. 

It plans to invest billions of dollars in new projects in these areas in the coming years. 

The British businesses surveyed think that "Protecting nature, lives and livelihoods" is the most important pillar of the four outlined in the Cop28 climate action plan, with 38 percent of respondents highlighting this issue above all others.

The survey also showed that a high number of respondents are optimistic that Cop28 will have a beneficial effect on the UAE’s efforts to combat climate change.

Seventy percent think that Cop28 will have a positive long-term effect on environmental, social and corporate governance views and initiatives in the UAE, while 59 percent think it will have a positive long-term effect on decarbonisation policies in the Gulf.

Responses to the survey were collected over a two-week period starting on November 13. 

The BBG, along with the British Chambers of Commerce Abu Dhabi, will be hosting a delegation of more than 60 companies from across the international network of the British Chambers of Commerce for the Cop28 summit.

“Through this we have further increased our knowledge into the many facets of sustainability across so many industries,” Katy Holmes, general manager of the BBG in Dubai, told AGBI

Logo, Text

In September, the UAE Ministry of Foreign Affairs published a discussion paper entitled Ripple Effect: Water Scarcity – the Hidden Threat to Global Security and Prosperity.

The ministry has called for more investment in supply-side approaches and technologies, demand-side management and governance.

Writing for AGBI, Martin Keulertz, a lecturer in environmental management, noted: “If the UAE wants to move matters forward, it must be amongst the first to put money on the table to catalyse investment and shift the agenda toward mitigation."

Latest articles

An Ooredoo shop in Tunis. Tunisia is one of the countries where the company intends to improve connectivity

Ooredoo to spend $1bn upgrading overseas networks

Qatari telecoms group Ooredoo is to spend $1.1 billion upgrading its mobile coverage and quality of servies in a number of key overseas markets. Over the period 2024-26, the company will allocate substantial sums to improve connectivity in Algeria, Tunisia, Gaza and the West Bank, Iraq and the Maldives.  Ooredoo’s operations in Gaza have been […]

IHC revenue

IHC reports marginal profit despite revenue climbing 18%

International Holding Company (IHC) has reported an increase in net profit of just 1.2 percent year on year to AED32.95 billion ($8.97 billion) in 2023, despite an almost 20 percent rise in revenue. IHC – the Middle East’s largest listed holding company, which is listed in Abu Dhabi – is part of a business empire […]

Dubai South Aldar logistics warehouse

Dubai South and Aldar to work together

The state developer Dubai South and the Abu Dhabi-listed Aldar Properties will jointly develop facilities in Dubai South’s logistics district. The new joint venture will offer build-to-lease and build-to-suit facilities. Aldar will lead the design, development and delivery of the new facilities, starting with a Grade A logistics facility with 24,000sq m of gross floor […]

WTO director general Ngozi Okonjo-Iweala said Iraq and Lebanon both want to resume talks and the organisation will 'try to go as fast as possible'

Iraq and Lebanon face long wait to join WTO

Iraq and Lebanon have indicated a desire to resume talks aimed at joining the World Trade Organization (WTO), but history suggests the two could be in for a long wait. To join the WTO, a government has to bring its economic and trade policies into line with the organisation’s rules and principles and negotiate with […]