- 4th edition of Abu Dhabi Sustainable Finance Forum kicks off on 19 January 2022
Abu Dhabi, UAE – Abu Dhabi Global Market, the leading international financial centre, announces that the fourth edition of its landmark Abu Dhabi Sustainable Finance Forum (ADSFF) will be a carbon-neutral event and platform. ADGM will collaborate with AirCarbon Exchange (ACX) to obtain its carbon neutrality status through an offsetting programme. This is done by purchasing carbon credits from a project that works to reduce or absorb carbon emissions.
The ADSFF is a purpose-driven and collective effort platform by the UAE’s financial sector to advance sustainable finance and investment of projects and initiatives that augment the country’s national climate goals and ambition towards a better and more sustainable future.
The ADSFF is a strategic extension of ADGM’s undertaking in supporting the UAE’s Net-Zero by 2050 Strategic Initiatives and commitment towards a thriving and sustainable economy. The Forum will convene international government decision-makers, top global institutional investors, regulators, financial institutions, entrepreneurs and innovators to share best practices and discuss industry challenges. The Forum will also facilitate and spark new areas of cross-border collaborations to increase efforts that foster sustainable financing and accelerate the flow of capital towards sustainable investments and projects.
Commenting on the forum, H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM said: “It is ADGM’s mandate and one of its key priorities in facilitating sustainable financing and responsible investments, as well as, addressing climate change and sustainability concerns that affect the financial sector, the economy and the long-term well-being of the UAE. The UAE has always been proactive and forward-thinking in its engagement and actions towards sustainability as demonstrated by its Net Zero 2050 Strategic Initiative and being the convener of COP28.
As the progressive international financial centre in Abu Dhabi, ADGM will continue to heighten its efforts in supporting the Abu Dhabi’s economic diversification agenda and the UAE’s commitment towards a sustainable future for its people and country. Lowering ADSFF carbon footprint is not only the right thing to do, but also a sensible business decision.”
The 4th ADSFF is a much anticipated forum that features key industry thought leaders and entrepreneurs including, H.E. Ban Ki-moon, President of the Assembly and Chair of the Council of the Global Green Growth Institute, Eight Secretary-General of the United Nations, H.E. Younis Alkhoori, Undersecretary at the Ministry of Finance, UAE, H.E. Mohamed Ali AL Shorafa, Chairman of the Abu Dhabi Department of Economic Development, H.E. Mohammed Al Hammadi, Managing Director & CEO, Emirates Nuclear Energy Corporation (ENEC), H.E. Dr. Maryam Al Suwaidi, Securities and Commodities Authority (SCA), Mary Shapiro, former Chair of the US SEC & Vice Chair, Glasgow Alliance for Net Zero (GFANZ), Jean Lemierre, Chairman, BNP Paribas, Maria Ferraro, Member of the Executive Board and Chief Financial Officer, Siemens Energy AG, to name a few.
The themes of ADSFF include how regulations support sustainability, innovations, connecting investors to opportunities, the use of Islamic finance to support climate mitigation and adaptation and more.
To be part of the Abu Dhabi Sustainable Finance Forum and its conversations on Wednesday, 19 January 2022, please register at this link https://www.adgm.com/initiatives/sustainable-finance/adsff-2022
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About Abu Dhabi Global Market
Abu Dhabi Global Market (ADGM), an international financial centre (IFC) located in the capital city of the United Arab Emirates, opened for business on 21 October 2015. Established by a UAE Federal Decree as a broad-based financial centre, ADGM augments Abu Dhabi’s position as a global trade and business hub serving as a strategic link between the growing economies of the Middle East, Africa and South Asia and the rest of the world.
ADGM’s strategy is anchored by Abu Dhabi’s key strengths spanning over private banking, wealth management, asset management, derivatives and commodities trading, financial innovation, sustainability and more. Comprising four independent authorities: the ADGM Authority, ADGM Courts, the Financial Services Regulatory Authority and the Registration Authority, ADGM as an IFC governs the entire 114 hectares (1.14sqkm) of Al Maryah Island which is a designated financial free zone.
It enables registered financial and non-financial institutions, companies and entities to operate, innovate and succeed within an international regulatory framework based on common law. Since its inception, ADGM has been awarded the “Financial Centre of the Year (MENA)” for four consecutive years for its initiatives and contributions to the financial and capital markets industry in the region. *
For more details on ADGM, please visit www.adgm.com or follow us on Twitter and Instagram: @adglobalmarket and LinkedIn: @Abu Dhabi Global Market (ADGM)
* Source: The Global Investor Middle East and North Africa (MENA) Awards
Contact : media@adgm.com
© Press Release 2022
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