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Director General of “Abu Dhabi Development”: The UAE is a pioneer in the field of development work and support for developing countries

Abu Dhabi, July 24 / His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development, said that the distinguished presence of the UAE government delegation, including the Abu Dhabi Fund for Development, at the United Nations High-level Political Forum on Sustainable Development for the year 2023, which is being held in New York, is of great importance as it highlights the pioneering model of the UAE and its qualitative experience in supporting development projects, which contributed to achieving economic development and had a great impact on improving the quality of life of the communities of beneficiary countries.

Al-Suwaidi added, in statements to the Emirates News Agency, WAM, that this participation coincides with the mid-term set by the United Nations to achieve the global goals for sustainable development by 2030 since its announcement of the 17 goals in 2016, which represents an opportunity to discuss mechanisms to accelerate the achievement of sustainable development goals from the platform of the international forum organized annually by the Department of Economic and Social Affairs of the United Nations, and since its establishment in 2012 it constitutes the main platform for the United Nations on sustainable development, and plays a central role in following up and reviewing what has been implemented at the country level in the agenda. sustainable development for the year 2030.

Al Suwaidi pointed out that the Fund’s presence in the country’s delegation in this year’s edition is important to continue supporting development projects around the world and to enhance joint international cooperation to achieve the goals of sustainable development, pointing out that the delegation highlighted during the participation the Fund’s pioneering efforts that are in line with the country’s vision regarding achieving the global goals of sustainable development, especially since the forum focuses this year on specific goals, most notably Goal No. 17, which is “strengthening partnerships to achieve the goals.”

On the highlights of what the Abu Dhabi Fund for Development presented at the high-level political forum this year, HE Mohamed Saif Al Suwaidi said that the Fund participated in many sessions and meetings, the most important of which was a session entitled “Cooperation with the World” that was held at the headquarters of the Permanent Mission of the UAE to the United Nations in New York, during which the focus was on highlighting the pioneering efforts of the UAE in the field of development work and its continued achievement of its development goals in supporting developing countries through the Abu Dhabi Fund for Development, as well as reviewing the positive impact of development projects funded by the Fund in many countries, which contributed to stimulating economic activities major communities of the beneficiary countries, and improve the standard of living of their inhabitants.

He said that the fund presented, in this session, the results of its operational activity for the year 2022, as its total financing, investments, and bank deposits amounted to more than 189 billion dirhams, and 104 countries in various continents of the world benefited from its development financing, which contributed to the growth of the economies of developing countries and the achievement of their development goals and programs.

Al Suwaidi added that the interactive discussions and bilateral and group meetings within the UAE government delegation at the high-level political forum this year provided an important opportunity to unify efforts and discuss best global practices, innovative solutions and means that contribute to accelerating the achievement of the global goals of sustainable development and building a more prosperous and developing future for the societies of countries, stressing that the UAE attaches great importance to development and the formation of global strategic partnerships, which are matters that lie at the core of its approach and strategic vision aimed at building a bright and sustainable future for the peoples of the world.

Regarding the international efforts made so far in the process of achieving the sustainable development goals, HE Mohamed Saif Al Suwaidi said that they have achieved outstanding results, whose great impact we see on the societies of the beneficiary countries, and that achieving the sustainable development goals is a comprehensive responsibility that begins with individuals, institutions and economic actors and expands to include societies, governments, countries and international organizations.

Regarding the UAE’s efforts to support the achievement of sustainable development goals globally, he said that the UAE played a decisive role and had a global impact in promoting the sustainable development process. It announced, among the “50 projects” in 2021, the UAE’s strategic initiative to achieve climate neutrality by 2050 in a declaration that is the first of its kind in the region. His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, declared 2023 as the year of sustainability in the UAE under the slogan “Today is for tomorrow”, in his keenness to adopt the concept of Sustainability and the consolidation of its principles in various sectors and fields to be the main driver and supportive of achieving comprehensive development, an experience that the UAE aspires to expand around the world.

He added that the UAE adopts a pioneering model in development based on a strategic vision, clear plans and innovative business models in line with the goals of sustainable development and the UAE Centennial 2071, to achieve growth and prosperity and preserve and sustain resources to achieve a better future that future generations deserve.

With regard to the approach that the Fund follows in financing development projects to achieve the goals of sustainable development, His Excellency Mohamed Saif Al Suwaidi said that the Fund believes that development revolves around impact and not only the financial contributions of projects, so it is keen to follow up on the projects it financed to ensure the achievement of, uh,

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