Promoting Sustainable Finance and Climate Finance in the Arab Region

Year published
2021
Theme
SDG Investments
Sustainability Integration Strategy
Author
UNEP FI
Category
Guidance

This report analyses the climate change related risks countries in the Arab region are facing such as water scarcity, rising sea levels, drought, land degradation and desertification. It sheds light on the existing strategies and policies on climate adaptation and mitigation in the region, and emphasizes the importance of sustainable finance resources in transitioning to a more resilient, inclusive and green economy.

The research also provides an important reference on the status of sustainable finance and climate finance in the Arab region investigating investigates the most prevalent sustainable finance practices in six countries: Egypt, Jordan, Morocco, Bahrain, the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA).

This research was carried out with the generous support of the League of Arab States (LAS) and the Ford foundation. In addition, support provided under the regional project “SDG Climate Facility: Climate Action for Human Security”, led by UNDP in partnership with LAS, other regional and UN partners, and the financial contribution of Sida were all invaluable.