Abu Dhabi Fund for Development (ADFD) has joined the international community in celebrating World Environment Day, held annually on June 5.
Marked under the theme 'We have only one land', the occasion aims to unite global efforts to preserve the environment and sustain its limited land resources.
ADFD highlighted the UAE's leading role in preserving the environment and addressing the negative impacts of climate change by launching various initiatives locally.
Through the Green Development Strategy, the country aims to promote long-term growth by focusing on the green economy and maintaining a sustainable environment and preserving natural resources for future generations.
ADFD contributed to these efforts through the implementation of global best practices in cooperation with partners and international organisations.
The international community has agreed to host the 28th session of the Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC) in the UAE next year, which demonstrates the importance of the Emirates' investments in quality clean energy projects, its quest for effective solutions to tackle climate challenges and engagement in innovative climate action that helps stimulate the economy and build a more sustainable future.
Projects financed by ADFD over the past 50 years have supported sustainable development goals aimed at alleviating poverty, protecting the planet and ensuring peace and prosperity for all by 2030.
The Fund has made significant efforts to achieve SDG 13, which pushes for urgent action to address adverse impacts of climate change and reduce carbon emissions.
It joined the global initiative to save the environment by launching and financing strategic projects worldwide, which also supported socioeconomic development in partner countries.