Sustainable finance
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.
ADGM Sustainable Finance Platform
The Abu Dhabi Global Market Sustainable Finance Platform is designed to accelerate the objectives of ADGM in promoting sustainable finance in the Middle East. The Platform presents key sustainable finance data and trends related to five sustainable finance themes:
- Responsible Banking
- Responsible Investing
- Sustainable Products
- ESG Disclosure
- Sustainable Capital Markets
Each of the sustainable finance themes covers 10 key performance indicators that are aligned with the ADGM Sustainable Finance Guiding Principles. The sustainable finance data is captured, updated, and maintained by ADGM's partner - Sustainability Excellence - using information available in the public domain.
ADGM’s ESG Intelligence Sustainable Finance Report
The recent COP26 brought to light a critical market need for accessible, comparable and transparent ESG data to build trust amongst companies and investors to measure progress on sustainable development. ADGM is proud to present its ESG report launched in partnership with the Oxford Business Group.
Announcements
ADGM Publishes Consultation Paper on a Comprehensive Sustainable Finance Regulatory Framework
Abu Dhabi Global Market (ADGM) today announces the publication of a Consultation Paper on a proposed comprehensive Sustainable Finance Regulatory Framework, covering rules on sustainability-orientated investment funds, managed portfolios and bonds as well as a framework on environmental disclosures by ADGM companies. The measures contained in the paper aim to enable an accelerated growth of a sustainable finance ecosystem in the jurisdiction and support the UAE’s transition to net zero greenhouse gas emissions.
The UAE Sustainable Finance Working Group Issues Second Public Statement
In pursuit of the sustainable growth of the nation and recognition of the co-ordinated actions of the 27th United Nations (UN) Climate Change Conference (COP27), the UAE Sustainable Finance Working Group (SFWG) members today issued their second public statement entitled ‘2022 Public Statement on Collaboration on Sustainable Finance in the UAE’ providing an overview of their on-going efforts and progress updates on sustainable finance within the UAE.
ADGM’s Abu Dhabi Sustainable Finance Forum to be a carbon neutral platform
Abu Dhabi Global Market, the leading international financial centre, is pleased to announce 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 Abu Dhabi Sustainable Finance Declaration
The Abu Dhabi Sustainable Finance Declaration is a framework for fostering and integrating green and sustainable investments in Abu Dhabi as well as in the UAE. This year our declaration signatories have expanded from 41 to 59. ADGM has always believed in working closely with stakeholders across the spectrum from public, private, national to global institutions and regulators.
