MEIMA and the PRI have collaborated in relation to the Discussion Paper No. 1 of 2024 Enhancing the Sustainable Finance Regulatory Framework for ADGM. 

Following the implementation of green and transition fund frameworks in 2023, we welcome the Discussion Paper expanding the focus on other factors of ESG. This is in line with the industry approach for a more holistic ESG scope, but also addresses the fact that environmental, social and governance factors often go hand in hand. Further, we recommend that ADGM produces more detailed and practical guidance tailored to various asset classes and types of financial institutions.