Abu Dhabi makes progress with sustainable finance sector
Abu Dhabi Global Market (ADGM) is committed to becoming a hub for sustainable finance for the region, Mercedes Vela Monserrate, Associate Director International Affairs told the Middle East Energy (MEE) 2020 conference on 3 March.
In order to create a supportive ecosystem for sustainable finance, ADGM published in January the UAE’s first set of guiding principles on sustainable finance, which addresses taxonomy, disclosure and governance. January also saw the launch of the Abu Dhabi Sustainable Finance Declaration, which has now been signed by more than 35 public, private, local and international entities.
Monserrate told the conference that other initiatives that ADGM has recently help to launched include the Abu Dhabi Climate Initiative to fast-track research and development in water and climate technology, a green bond accelerator programme, and a sustainable real estate investment trust in conjunction with Masdar.
Energy & Utilities - Middle East and Africa Market, Outlook Report 2023.
This must-have report for industry players offers a thorough understanding of the latest developments, challenges, and opportunities in the region, supported by data, analysis, and expert insights.
Latest News
E&U Podcast
Subscribe to our Market Talk podcast for the latest on the key issues and trends in the energy and utilities sector
