Green horizons: the sustainable financial future of MENA
The Middle East and North Africa will play a critical role in shaping the future of sustainable finance. The region has long been known for its high oil revenues, but it faces both challenges and opportunities as the world shifts to a net-zero future. Investments in renewable energy, efforts to scale up the green capital market and a focus on impact investing can promote the region’s role in the sustainable finance movement.
This virtual roundtable will focus on policies and initiatives across the region, as well as risks that policy-makers need to address to benefit from the transition. The discussion will take place as Egypt hands over the hosting of COP28 to the United Arab Emirates and will explore what the green financial future of MENA looks like.
Timings:Â
13:00-14:00 (BST)
Speakers:
Walid Ali
Sustainability General Manager
Central Bank of Egypt
Philippe Richard
Executive Director – International Affairs
Financial Services Regulatory Authority
Abu Dhabi
Jerome Vacher
Senior Economist
Gulf Cooperation Council Division
Middle East and Central Asia Department
International Monetary Fund
This meeting will be conducted under the OMFIF Rules.
This virtual discussion is part of the OMFIF Sustainable Policy Institute. The SPI is a high level community which brings together central banks, sovereign funds, public pension funds, and their counterparts in asset management, banking and professional services to explore policy, regulatory and investment challenges posed by environmental, social and governance themes. See more information on OMFIF’s SPI here.
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