The UAE sustainable finance working group issues second public statement

The UAE sustainable finance working group issues second public statement

- The second public statement builds on the three interlinked topics within sustainable finance defined in the 2021 Public Statement, namely: strengthening sustainability disclosure, fostering sustainability-focused corporate governance and designing the UAE’s Sustainable Finance Taxonomy.

Abu Dhabi, UAE: 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.

Through the second high-level statement, SFWG members reiterated their commitment towards enabling the UAE’s economic transition and encouraging the adoption of sustainable finance at a national level. The members include ministries (the Ministry of Finance, Ministry of Economy, Ministry of Climate Change and Environment, the Office of the UAE's Special Envoy for Climate Change) and, financial regulators (Central Bank of the UAE, Securities and Commodities Authority, Financial Services Regulatory Authority of Abu Dhabi Global Market, Dubai Financial Services Authority), and UAE exchanges (Abu Dhabi Securities Exchange, Dubai Financial Market, and Nasdaq Dubai).

Showcasing the expansion of the UAE’s