UAE Opens Applications for 2024 Zayed Sustainability Prize

Total Prize Money of $3 Million in Five Fields: Healthcare, Food, Energy, Water Resources, and Global High Schools

President Yoon Suk-yeol and Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE (center in the back row), attending the 2023 Zayed Sustainability Prize award ceremony.
[Photo by Zayed Sustainability Prize Secretariat]

[Asia Economy Reporter Kim Jong-hwa] The United Arab Emirates (UAE) announced on the 26th that it has begun accepting applications for the '2024 Zayed Sustainability Prize' candidates, with the deadline set for May 2.

Launched in 2008 and marking its 15th anniversary this year, the 'Zayed Sustainability Prize' is a global sustainability award that honors small and medium-sized enterprises, non-profit organizations, and high schools worldwide that bring innovation, inspiration, and impact in the fields of healthcare, food, energy, and water resources, continuing the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, the founding president of the UAE. This year, the number of applicants increased by 13% compared to the previous year, reaching a record high of 4,538 candidates.

The total prize money for the Zayed Sustainability Prize is USD 3 million (approximately 3.7 billion KRW). Winners in the healthcare and food, energy, and water sectors receive USD 600,000 each, while in the global high school category, six high schools from six regions around the world are selected to receive up to USD 100,000 each. To date, the prize has recognized 96 winners (organizations), and it is estimated to have positively impacted the lives of over 378 million people across 150 countries.

Meanwhile, companies and organizations wishing to apply can do so through the official Zayed Sustainability Prize website, with application forms varying by category. The evaluation criteria include the provision of sustainable solutions and their impact.

This content was produced with the assistance of AI translation services.