Dubai, UAE: 25 October 2016 – UNEP FI’s 2016 Global Roundtable launched on Tuesday 25th October with a major commitment from local financial institutions. During the opening session, the Dubai Declaration on Sustainable Finance was unveiled: eleven UAE-based financial institutions have committed to the Declaration confirming their support for the UAE Vision 2021, and to transforming to a green economy. The event was opened by H.E. Dr. Thani Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and H.E. Mubarak Rashid Khamis Al Mansouri, Governor of the Central Bank of the United Arab Emirates.

The Minister said that the Dubai Declaration is the continuation of work to bring about a fundamental change in the finance sector, both conventional and Islamic, establishing strategic partnerships with major local investment and financing institutions. UAE’s Vision 2021 is a set of national targets to be achieved by the country’s 50th anniversary, and part of a drive towards implementing green and sustainable finance. Click here to read the press release, download the Dubai Declaration here.