Initiatives of the Sustainable Finance Working Group (SFWG)

Introduction

Since its establishment in 2019, the UAE Sustainable Finance Working Group (SFWG) has advanced a comprehensive agenda to support the UAE’s transition to a low carbon, climate resilient economy by embedding sustainability considerations across the financial sector. Through a series of principles and frameworks issued since 2020, the SFWG has provided guidance on integrating environmental and climate related factors into governance, strategy, risk management, disclosure practices, and climate transition planning. The initiatives outlined below reflect the SFWG’s ongoing commitment to aligning the UAE’s financial system with national climate policies and international commitments, including the Paris Agreement and the UAE’s long term net‑zero and climate transition objectives.

• (2023): Principles for the effective management of climate-related financial risks.
• (2024): Principles for sustainability-related disclosures for reporting entities.
• (2025): Draft Principles for Climate Transition Planning.