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Abu Dhabi, October 27, Abu Dhabi Global Market and the “Z/Yen” Group announced today the signing of a partnership between the Global Green Finance Index and the Abu Dhabi Global Market, with the aim of supporting the development of the index and confirming its commitment to sustainable finance. The Global Green Finance Index monitors the development of green finance in the world, by evaluating the quality and growth of this segment of finance in global financial centers. The development of sustainable finance is critical to addressing the challenges of climate change and biodiversity, and to achieving the United Nations Sustainable Development Goals. Sustainable finance is one of the main axes of interest to the Abu Dhabi Global Market, as it is a financial center that is keen to support capital formation, raising and investment activities, as well as designing and issuing products to contribute to achieving goals of economic, social and environmental benefits. Several initiatives led by ADGM have contributed to the growth and prosperity of the sustainable finance sector in Abu Dhabi. The list of initiatives include the UAE Guiding Principles on Sustainable Finance, the Abu Dhabi Sustainable Finance Declaration, the Executive Certificate in Sustainable Finance, and the Abu Dhabi Sustainable Finance Forum.
