GCC private equity firm Gulf Capital has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), the firm announced this week.
The Finance Declaration is a voluntary membership-based initiative led by ADGM and is supported by the Ministry of Climate Change and Environment, the Central Bank of the UAE, and the Securities and Commodities Authority, a public-private ecosystem of investors, financial institutions, government bodies, members of the academic community, and other stakeholders.
Launched in 2019, the declaration has been signed by more than 100 entities.
“We are delighted to join the efforts of Abu Dhabi and the wider UAE in the journey towards a greener and more sustainable economy,” Dr. Karim El Solh, Co-Founder and Chief Executive Officer of Gulf Capital, said.
Adding: “Gulf Capital aims to contribute to the development of a more sustainable global and regional financial system and Abu Dhabi Sustainable Finance Declaration is the perfect platform for reaching our aspirations.”