The UAE Sustainable Finance Framework aims to deepen cooperation between the public and private sectors and seeks to create an improved enabling environment to mainstream sustainable finance practices, resulting in greater volumes of climate- and green investments in the UAE.
The Framework presents multiple recommendations to mitigate the private sector's risks and to incentivise sustainable finance products/initiatives. An improved supply and demand of sustainable finance products and climate- and green investments projects pose a key action theme within the Framework. The Framework also highlights the provision of capacity building to existing and future sustainable finance professionals.
The framework is based on three pillars:
The Framework presents multiple recommendations to mitigate the private sector's risks and to incentivise sustainable finance products/initiatives. An improved supply and demand of sustainable finance products and climate- and green investments projects pose a key action theme within the Framework. The Framework also highlights the provision of capacity building to existing and future sustainable finance professionals.
The framework is based on three pillars:
- Mainstream sustainability in financial decision-making and risk management;
- Enhance supply and demand for sustainable finance products and green investments projects; and
- Strengthen enabling environment that promotes sustainable finance practices through collaboration between financial and real sector stakeholders.