News DeskAbu Dhabi, UAE – The Abu Dhabi Fund for Development (ADFD) and the Asian Infrastructure Investment Bank (AIIB) convened a knowledge exchange workshop at ADFD’s headquarters in Abu Dhabi. This event, centered on climate action, gathered experts from both organizations to discuss pivotal themes such as climate finance, climate assessment for development projects, climate transition, and emerging trends in the sector.
The workshop featured a series of interactive presentations where participants exchanged experiences and practices based on their strategies, policies, and investment operations. The sessions focused on sharing best practices, lessons learned, and innovative approaches in climate financing and project development. Additionally, discussions revolved around strengthening the partnership between ADFD and AIIB, exploring new collaboration areas, and enhancing capacities in project preparation, implementation, and monitoring.
Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, highlighted the significance of the collaboration. “Through strategic collaboration with esteemed partners like AIIB, we are actively contributing to the UAE’s vision of fostering innovation, prosperity, and sustainable growth. Today’s workshop is part of our effort to optimize our collaboration to scale up climate action through green projects and achieve common objectives. Exchanging knowledge and experience allows us to make our sustainable development initiatives more efficient and impactful.”
Yuanjiang Sun, Acting Head of Office of the Operational Hub at the Asian Infrastructure Investment Bank, emphasized the importance of knowledge-sharing and collaborative efforts for effective climate action. “By combining our collective strengths and expertise, we can better address the complexities of climate-related infrastructure projects in partner countries. This knowledge exchange is crucial for AIIB and ADFD to develop innovative solutions and improve project efficiency,” he said.
The workshop underscored the alignment between ADFD and AIIB, highlighting their complementary financing instruments and focus on infrastructure sectors such as transport, energy, water, urban development, health, and social infrastructure.
Beyond climate action, the workshop delved into innovative financial mechanisms and collaborative frameworks aimed at enhancing project effectiveness and sustainability. This session marked a significant step forward in the partnership between ADFD and AIIB, reinforcing their shared commitment to advancing climate action and sustainable development.
This event not only showcased the synergy between the two institutions but also set a foundation for future collaborations aimed at addressing global climate challenges through sustainable infrastructure development.
