ADGM aims to develop a vibrant and thriving sustainable finance hub that supports capital formation, raising and deployment as well as the creation and issuance of products to achieve positive economic, social and environmental objectives. Sustainable finance plays a key role in the achievement of these objectives and is gradually changing entire economic sectors worldwide. Sustainable finance will preserve our economies and environment for future generations.
ADGM is closely aligned to UAE initiatives, supporting Abu Dhabi, the UAE and our global stakeholders in achieving sustainable develop goals (SDGs) and established climate change objectives. With an internationally recognised regulatory regime, direct application of English common law and proximity to some of the world’s largest sovereign wealth funds, institutional investors and private wealth, ADGM is well placed to develop a sustainable finance ecosystem catering to the needs of local and international investors.
To create a vibrant sustainable finance hub, we are focused on four pillars:
Integration of sustainability into the regulatory framework of ADGM
Building cooperation with national and international stakeholders
Fostering communication, knowledge and awareness
Creating a sustainable finance ecosystem in ADGM
In presence of H.H. Sheikh Hamed bin Zayed Al Nahyan, Chairman of Crown Prince Court and Managing Director of Abu Dhabi Investment Authority, the Abu Dhabi Sustainable Finance Declaration (the Declaration) was signed by 25 public and private sector entities at the inaugural Abu Dhabi Sustainable Finance Forum (ADSFF) on 16 January as an united front to foster positive economic, social and environmental impacts and advocate sustainable finance and investments for the long-term well-being and growth of the country’s economy. The Central Bank of the UAE, the Securities and Commodities Authority and ADGM will play a facilitative role in working with the members to boost investment flows and support the various agreed provisions.