Abu Dhabi Global Market (ADGM) reaffirmed its commitment to sustainable practices and joined efforts in the capital of the United Arab Emirates to ban single-use plastic bags by distributing reusable tote bags to encourage the ADGM community to use sustainable alternatives.
Abu Dhabi’s Single-Use Plastics Policy is the region’s first integrated policy that aims to reduce plastic pollution and further promote sustainability.
Juma Al Hameli, ADGM’s Chief of Staff, said: “Through our support for Abu Dhabi’s single-use plastic policies, we at ADGM are reinforcing our commitment to building a progressive economy and more sustainable. Abu Dhabi’s initiatives for a sustainable future align well with our ongoing efforts to provide innovative alternatives within our progressive and holistic ecosystem. This strengthens both the economic and sustainable growth of ADGM, Abu Dhabi and the United Arab Emirates. Our goal is to be better as a community and an enabling ecosystem to enable a better and sustainable future for all.”
Since its inception, ADGM has been a strong advocate for sustainable practices and has developed a thriving financial center to achieve positive economic, social and environmental goals. As a sustainable international financial center, ADGM has taken multiple initiatives to minimize its carbon footprint.
The ADGM actively promotes long-term sustainable visions of Abu Dhabi and the UAE which are embodied in policies such as the UAE’s Net-Zero by 2050 Strategic Initiative, UAE Energy Strategy 2050 , the UAE Vision 2021 and the Green Agenda. As a sustainable, forward-looking international financial center, ADGM aims to strengthen Abu Dhabi’s position as a hub for raising and deploying capital and prudent risk management to foster economic growth. long-term, sustainably oriented.