Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub

Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub

The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai's efforts to accelerate its position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region.

The Dubai Sustainable Finance Working Group was launched by the Dubai Financial Market (DFM) and the Dubai International Financial Centre (DIFC).

The guides inform issuers and investors about best practices in the rapidly expanding ESG sector and the commercial opportunities it offers.

The Sustainable Issuance Guide details the steps involved in issuing ESG bonds, Sukuk, equities and other financial products, as well as outlining the need for companies to develop a sustainability strategy.

It also highlights the increasing ESG opportunities for investors as companies and the financial markets pivot towards integrating sustainability into their mainstream activities.

Arif Amiri, CEO of DIFC Authority said,

Arif Amiri

"DIFC and its clients lead the way on sustainable finance in the region and ESG principles are considered in over 60 percent of their financing and business decisions.

Our enabling platform sees bankers, advisors and professional services firms collaborating on preparing regional and global deals, as well as issuances that have sustainable principles at their core.“

Hassan Al Serkal, CEO of DFM said:

Hassan Al Serkal

"We are collaborating