Statement for “Abu Dhabi Sustainable Finance Declaration”:

Dubai, UAE, January 16, 2019:

• We are [/ the Central Bank is] committed to supporting the UAE’s Green Agenda 2015 – 2030 and the National Climate Change Plan 2017 – 2050 as well as helping the UAE to meet the United Nations Sustainable Development Goals and the climate change objectives of the Paris Climate accord. 
• To do this we need to create a financing ecosystem in the UAE that is geared towards not only improving economic efficiency and prosperity but also contributes to the protection of our ecological systems; this in turn will enhance social well-being and create lasting benefit for the people of the UAE (and the world). 
• Making sustainable financing a reality will require government and the private sectors to work closely together to put concrete measures in place that stimulate investment flows to sustainable projects and expand the range of sustainable financing products and options for investors.