Abu Dhabi Fund for Development (ADFD) became the first institution in the MENA region to receive the United Nation Small Island Developing States Partnerships Award on behalf of the UAE, which claimed first place in the economic category for ADFD’s initiatives – the UAE Pacific Partnership Fund and the UAE-Caribbean Renewable Energy Fund.
The Award was received by His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, at the Annual Global Multi-Stakeholder SIDS Partnership Dialogue in New York, on the margins of the UN High-level Political Forum on Sustainable Development.
Initiative
The initiative was nominated through submissions by ADFD, which allocated US$ 100mn to them. These initiatives, represent strategic partnerships between the UAE’s Ministry of Foreign Affairs (MoFA), ADFD, and Abu Dhabi Future Energy Company (Masdar), as well as a university and 26 governments from Small Island Developing States.
This collaboration focused on advancing solar, wind, and other renewable energy projects in SIDS, driving innovation, creating employment opportunities, promoting gender equality, and strengthening climate resilience.
Legacy of sustainable development
In his acceptance speech, HE Mohamed Saif Al Suwaidi, Director General, Abu Dhabi Fund for Development, highlighted the UAE’s legacy of sustainable development instituted by the UAE’s founding president and visionary, Sheikh Zayed Bin Sultan Al Nahayan.
“We reaffirm our commitment to support the island states on their journey towards a sustainable and resilient energy future,” he added.
