The UAE Ministry of Finance (MoF) launched the Financial Sustainability Standards Guide for the Federal Government at an event held at the Sustainability and Innovation Centre in Dubai. This initiative aims to embed financial sustainability principles into public operations, ensuring resource stability while aligning with the UAE’s sustainable development goals.
The guide highlights key concepts of financial sustainability, the significance of efficient resource management, and global best practices. It underscores the UAE’s dedication to achieving long-term economic stability and environmental resilience.
H.E. Mariam Mohamed Al Amiri, Assistant Undersecretary for the Government Financial Management Sector, praised the guide’s transformative potential, stating, “This initiative provides an integrated framework for government entities to enhance decision-making, transparency, and operational efficiency, fostering national economic resilience and sustainable development for future generations.”
Key Themes Discussed:
The launch event featured discussions on five core topics:
- Embracing Sustainability: An Enduring Imperative for the UAE.
- Sustainability Frameworks and Initiatives in the UAE.
- The Importance of Sustainability in Government Finance and Operations.
- Challenges and Opportunities in Integrating Sustainability.
- Action Planning for Sustainability: Next Steps.
The agenda also included strategic insights into embedding sustainability within functional areas and overcoming integration challenges.
Event Highlights:
Attendees explored innovative approaches to sustainability and toured the Sustainability and Innovation Centre, witnessing advanced sustainable technologies and practices in action.