Her Excellency Dr. Maryam Al Suwaidi, CEO of the Securities and Commodities Authority, stated that the successful march of the UAE over the past years has been able to achieve great successes and lasting achievements in all domains. In the area of climate change, the UAE is one of the pioneer countries in the region, as it has been keen in supporting the global climate change case. The UAE is working according to well-studied plans and a comprehensive framework for protecting the climate and the environment and combatting the expected climate change repercussions, which have become among the top priorities and strategies that the nation is working according to, and which is underpinned by innovation, knowledge and advance modern technologies. This aims to transform the national economy into a green economy to achieve growth and sustainable development centered on several pillars, with the goal of improving the quality of life in the UAE, in order to remain an important and leading center at the regional and global levels.

The Securities and Commodities Authority, as the federal authority entrusted with regulating capital markets in the United Arab Emirates, is pleased to be part of the Sustainable Finance Working Group and to express its full commitment to striving towards achieving global sustainability goals and the objectives of the 26th Conference of Parties to the United Nations Framework Convention on Climate Change (COP26), as well as its contribution to the country's efforts to achieve sustainability and its strategic initiative to achieve net zero carbon emissions by 2050, by playing the role of a catalyst and one of the main enablers in moving towards providing sustainable finance and climate- and environment-friendly investments in the UAE, using a variety of policy tools in line with the comprehensive road map highlighted in this high-level statement.