Abu Dhabi Global Market (ADGM), in partnership with the Ministry of Climate Change and Environment (MOCCAE) and with the support of leading authorities in the UAE, has published the State of Sustainable Finance Report.

The Report underscores the collective achievements by stakeholders from the private and public sectors as they strive to contribute to the UAE’s sustainability agenda and enhance the stability of the country’s economy through increased adoption of sustainable finance practices.

Contributors to the Report include the International Renewable Energy Agency (IRENA), the Securities and Commodities Authority of the UAE (SCA), Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Islamic Bank (ADIB), First Abu Dhabi Bank (FAB) and Masdar, as well as many other signatories of the Abu Dhabi Sustainable Finance Declaration and other key UAE stakeholders.

Following the launch of its Sustainable Finance Agenda in early 2019, ADGM has implemented a series of measures to advance the achievement of its strategic objectives, including driving the development of the Abu Dhabi Sustainable Finance Declaration, which saw an inaugural cohort of signatories pledging their commitment at the 2019 Abu Dhabi Sustainable Finance Forum. A second group of participants added to the strong list of signatories in 2020.

The State of Sustainable Finance Report can be found here for English and here for Arabic.