Sustainable Fintech Alliance Launched in MENA to Positively Impact ESG Challenges

Sustainable Fintech Alliance Launched in MENA to Positively Impact ESG Challenges

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Middle East

Sustainable Fintech Alliance Launched in MENA to Positively Impact ESG Challenges

The world is at a critical juncture and the MENA region is set to take the centre stage in the quest for resolving the most defining issue of our time, climate change. After the recent conclusion of COP26 in Glasgow, the torch is in fact being passed to Egypt and the UAE as hosts of COP27 and COP28 respectively. Sustainability is broader than climate change. It is about enabling a society where future generations can thrive, and everyone needs to contribute their fair share. By joining the Alliance, members commit to gradually implementing credible and transparent sustainability strategies within their organisations, which contribute towards the United Nations ’ Sustainable Development Goals (SDGs), and also the Net Zero pledges made by several countries across the region. Companies are at different levels of maturity when it comes to embedding sustainability within their organisations, and fintechs are no different. This is why education and awareness will be central to achieving the Alliance’s mission. The Sustainable Fintech Alliance is therefore committing to a phased, three steps approach: Step 1 → Education As a first, critical step in this journey, MFTA is working with institutional and academic partners to design a robust educational programme that

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