DP World commits £1 million to Prince William's Earthshot award innovator

Global port operator DP World announced £1 million grant to support the work of two finalists of the Prince William's Earthshot Award for outstanding environmental innovations.

The announcement was made during Prince William’s visit to the Earthshot Prize Innovation Showcase at the DP World Pavilion at Expo 2020.

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said the funds will be split between Bahamas-based Coral Vita and Australia-based Living Seawalls.

Prince William highlighted that the "Earthshot mission is more than just a prize. It’s a global team effort to spark urgent optimism and game-changing innovation to transform our future."

"We all understand the importance of protecting our planet," Sultan Ahmed Bin Sulayem added. "With 90 per cent of global cargo traveling by sea, it is not surprising that protecting the ocean is very close to our hearts."

Queen Rania Al Abdullah of Jordan, who joined the event via video call, said, "Every sector has a role to play public, private, philanthropic. And the bottom line could not be clearer: If we work together, everybody wins."

 

More from Business

  • Ethiopia to open stock exchange in drive for investors

    Ethiopia was set to launch a stock exchange on Friday, the latest step in Prime Minister Abiy Ahmed's attempts to liberalise the struggling economy.

  • Supreme Court to hear fight over looming US ban on TikTok

    Facing a looming ban in the United States, TikTok's fate will be in the hands of the Supreme Court in a case being argued on Friday that pits free speech rights against national security concerns over the widely used short-video app owned by Chinese company ByteDance.

  • Nvidia criticizes reported Biden plan for AI chip export curbs

    Nvidia criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing US leader should not "preempt incoming President Trump" by enacting a last-minute policy.

  • UAE advances tech cooperation with US partners at CES 2025

    During his participation at CES 2025 in Las Vegas, a premier global technology event held in Las Vegas, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has met with senior US officials and business leaders, as the UAE and the US continue to explore ways to strengthen their strategic cooperation in advanced technology and innovation.

Coming Up