At the conclusion of the eighth Sharjah Investment Forum, senior government officials and international experts issued a strong call to action: standardize environmental, social, and governance (ESG) disclosures to protect investment market transparency; strengthen regional partnerships; and promote sustainable investment.
Over 12,000 people from 142 countries attended the event, which was organized by the Sharjah FDI Office (Invest in Sharjah) in collaboration with the UAE Ministry of Investment and the World Association of Investment Promotion Agencies (WAIPA). Ministers and institutional leaders examined how green investment and sustainable finance can support tomorrow’s economies in the face of significant geopolitical and technological changes, through 160 sessions and 120 business meetings, with the theme Transforming Our World: Investing for a Resilient and Sustainable Future.
In addition to calling for complete institutional disclosure of investments and environmental emissions, experts at the event reaffirmed that transparency in project finance is crucial to regaining investor confidence. To facilitate comparability and reliability across markets, they emphasised the need to harmonise global financial and governance disclosure norms.
Speakers emphasised that comprehensive institutional change is the first step toward long-term economic development and suggested using novel financing instruments like pilot funds and green sukuks (Islamic green bonds) to direct investment into sustainable initiatives.
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