Under the patronage of Mansour bin Zayed, the Central Bank organizes the climate forum and the meeting of the financial system of the financial system 26 and 27 June

Abu Dhabi, June 19 / WAM / Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Prime Minister, Chairman of the Presidency Bureau, Chairman of the United Arab Emirates Central Bank, the bank is organizing the climate forum and the meeting of the financial system of the financial system “Network for Greening The Financial System”, in the St. Regis Resort, Saadiyat Island in the capital, Abu Dhabi, on 26 and 27 June The current.
The organization of the two events, which are held over two days, embodies the commitment of the firm central bank to enhance its pivotal role in advancing sustainable financing, and leading the transformation towards a more sustainable financial system, within the UAE’s vision aimed at achieving climate neutrality by 2050.
The forum attracts a group of financial leaders and decision makers, international experts in the fields of sustainable financing and climate risks, and senior officials from organizational bodies, central banks and international financial institutions, in order to exchange visions on ways to enhance the integration of climate policies in risk management and investments, and to discuss effective solutions to enhance the flexibility of the financial sector in facing future climate and environmental challenges, and the framework of activating cooperation Regional and international in the fields of legislation, financial policies, and sustainable Islamic financing, in a way that enhances the integration of roles between the public and private sectors, in a move that confirms the growing position of the UAE is a regional and international center for leading global dialogue on the future of sustainable financing.
The agenda of the representatives of the representatives of the financial system of the financial system includes important discussion sessions that focus on several axes concerned with the “clergy” of monetary policy frameworks, and ways to integrate the effects of climate change in formulating monetary policies and their processes, as well as reviewing the developments of the group’s work and future plans.

Since its foundation in 2017, the group has more than 160 members representing central banks and control power.
In this context, His Excellency Khaled Mohammed Al -Bumi, Governor of the United Arab Emirates Central Bank, said that the climate forum and the meeting of the System System Group is a prominent station, especially in light of the global transformations taking place in economic policies and the growing climate challenges.
His Excellency added that the central bank continues to consolidate its pivotal role in leading the financial sustainability path, in line with the vision of the rational leadership of the UAE aimed at achieving climate neutrality by 2050 by enhancing the infrastructure of green financing, and developing the organizational frameworks supporting the inclusion of climate risks within the financial sector system, in a way that enhances its flexibility and establishes its stability and achieves the desired balance between growth Economic and sustainability.

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