Abu Dhabi: Abu Dhabi Global Market (ADGM) is set to host the sixth edition of its Abu Dhabi Sustainable Finance Forum (ADSFF) during the United Nations’ 28th Conference of the Parties (COP28).
The Forum will take place on December 4, 2023, on the thematic day of “Finance, Trade, and Gender Equality” at COP28.
The event will be organized in partnership with Masdar as part of Abu Dhabi Sustainability Week (ADSW), which will be held on the same day. The partnership is aimed at providing a united Abu Dhabi economic voice at COP28 to make climate finance available, accessible, and affordable.
ADGM’s vision of making Abu Dhabi not just the ‘Capital of Capital’ but also a ‘Capital of Green Capital’ will be prominently displayed during ADSFF at COP28 this year. Our dedication towards developing a ‘Climate Finance’ ecosystem is evident through our initiatives to develop the region’s first robust regulatory framework for sustainable finance as well as our distinguished collaborations with key institutions across Abu Dhabi, the UAE, and beyond as we continuously strive towards bridging the capital gap for climate transition.
Mr. Salem Mohammed Al Darei, CEO of ADGM Authority, shared.
Mr. Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, commented that “unlocking finance is vital if we are to accelerate the clean energy transition. Masdar is delighted to be partnering with Abu Dhabi Global Market to host this important forum once again as part of the special edition of Abu Dhabi Sustainability Week at COP28. For more than 17 years, Masdar has been advancing renewable energy around the world with our pioneering projects.”
The 2023 Forum will feature four strategic pillars, namely, powering the green capital markets, financing innovation, carbon markets, and driving an unbiased climate transition.
COP28, which is scheduled to run from November 30 to December 12, 2023, at Expo City in Dubai, has additional significance as 2023 marks the UAE’s Year of Sustainability. ADGM’s role in hosting ADSFF on Finance Day at COP28 reaffirms the UAE’s commitment to sustainability and its ambition to be a global leader in the green finance sector.