UAE launches new roadmap for ‘inexperienced mental property’ to drive innovation – The Instances of India
ABU DHABI: The ministry of financial system launched a brand new roadmap for “inexperienced mental property (IP)” designed to foster innovation, speed up know-how localisation, and develop new tasks within the new financial system, environmental sustainability, and round financial system.
The three-month roadmap will strengthen the competitiveness of the UAE’s IP panorama and contribute to its progress and prosperity, supporting the nation’s directives to transition to a round financial system.
On this regard, Abdulla bin Touq Al Marri, minister of financial system and chairman of the UAE round financial system council, mentioned, “Because of the forward-looking imaginative and prescient of its smart management, the UAE has succeeded in adopting qualitative initiatives and tasks for the mental property sector, positioning it as one of many key pillars for constructing a robust and sustainable nationwide financial system.
Al Marri added that the roadmap is a brand new step to lift consciousness on the significance of adopting inexperienced know-how and innovation to offer superior companies and merchandise that serve the group, in addition to enhancing the UAE’s attractiveness to inexperienced and sustainable improvements.
These efforts assist consolidate the nation’s place among the many most revolutionary international locations globally, consistent with the ‘We the UAE 2031’ imaginative and prescient.
He added, “The brand new roadmap for inexperienced IP is especially vital because it coincides with the launch of this 12 months’s innovation month. We’ll collaborate with native environmental stakeholders within the nation and the World Mental Property Organisation to implement all of the targets of this roadmap, offering extra enablers and alternatives to encourage inventors and creators to develop sustainable improvements and tasks in essential financial areas and sectors.”
The ministry of financial system organised a media briefing at its Dubai headquarters to make clear the targets of the brand new roadmap for inexperienced IP and its very important function in supporting nationwide efforts to advertise improvements within the UAE’s sustainable financial system sectors.
Abdulla Ahmed Al Saleh, undersecretary of the ministry of financial system, highlighted that sustainability and environmental conservation have all the time remained an integral side of the UAE’s cultural cloth all through its historical past. The nation’s progress has been constructed upon the ideas and foundations of sustainability, which have additionally strengthened its regional and international management in embracing eco-friendly initiatives and options.
He said that the ministry of financial system stays dedicated to supporting nationwide tasks geared toward selling sustainability throughout numerous financial sectors, consistent with the UAE’s imaginative and prescient to construct a sustainable and well-balanced financial system that protects pure assets for future generations.
In his speech on the session, he mentioned, “The brand new roadmap for inexperienced IP goals to advertise the adoption of main digital options and superior know-how by people, organisations, and corporations to provide sustainable services that contribute to environmental conservation. Following this roadmap, we’re eager to forge new partnerships with the academia and analysis centres to combine IP into sustainable improvements and shield the rights of eco-friendly tasks and improvements.”
The undersecretary continued, “This roadmap performs a significant function in fostering innovation and creativity in sustainable sectors, bolstering the UAE’s competitiveness and elevating its standing in key international indicators, significantly within the international innovation index (GII), the place the UAE constantly maintains its regional and worldwide prominence 12 months after 12 months.”
Moreover, he highlighted the brand new roadmap’s key targets that the ministry seeks to perform, together with the introduction of a programme that may speed up the registration of patents associated to sustainable applied sciences and eco-friendly improvements. The goal is to lift the proportion of patent registrations for sustainable and environmental improvements to eight per cent of the whole variety of patent registrations within the nation.
Moreover, it can strengthen the authorized frameworks for shielding patents associated to environmental sustainability, significantly given the continued progress within the variety of patent functions submitted within the nation, which reached roughly 3,622 in 2024.
Al Saleh emphasised the UAE’s accomplishments in establishing a strong and aggressive legislative framework to foster the expansion of this important sector. This framework encompasses the issuance of legal guidelines on the safety of business property rights, logos, and copyrights and neighbouring rights.
The UAE is presently among the many high international locations globally when it comes to IP and innovation, rating first within the area within the international innovation index (GII) 2024.
