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UAE publishes climate risk draft guidelines

The SFWG’s consultation is being applied to a ‘wider spectrum of financial firms’ (Photo: haveseen/Envato)
The SFWG’s consultation is being applied to a ‘wider spectrum of financial firms’ (Photo: haveseen/Envato)

UAE working group takes broad approach in proposed sustainable finance guidelines ahead of country’s hosting of COP28.

The United Arab Emirates’ Sustainable Finance Working Group — a body of federal ministries, financial regulators and exchanges tasked with advancing sustainable finance in the country — has published draft principles for the management of climate-related financial risks.

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