Abu Dhabi's Hub71 launches program supporting decarbonization startups to transform into a climate tech hub.
Abu Dhabi, a major oil-dependent emirate, aims to become a climate tech hub with its tech ecosystem, Hub71, launching its first program to support decarbonization tech startups. The United Arab Emirates, of which Abu Dhabi is a part, has committed to net-zero carbon emissions by 2050. With an attractive concentration of venture capitalists, investment funds, and corporates needing decarbonization, Hub71 plans to become a leading climate tech cluster in the region.
July 25, 2024
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