The Dubai Financial Services Authority (DFSA), the independent regulatory body for the Dubai International Financial Centre, has announced the date of the second Climate Finance Joint Conference in collaboration with the Hong Kong Monetary Authority. This year, the event is scheduled to take place in Dubai, United Arab Emirates, on November 26.
This year’s conference serves as a flagship initiative between the DFSA and the Hong Kong Monetary Authority, aimed at promoting and facilitating climate finance in the Middle East and Asia. Under the theme “Shaping Tomorrow: Leveraging Green Finance for Sustainable Development,” it reflects the shared commitment of both Dubai and Hong Kong as two of the world’s most influential financial hubs in shaping the future of the global financial system by embracing innovation and fostering cross-border collaboration.
Mark Steward, CEO of the DFSA, stated, “As we look forward, our partnership with the Hong Kong Monetary Authority exemplifies our steadfast commitment to establishing a proactive and interconnected financial ecosystem. ‘Shaping Tomorrow’ is not merely a slogan but a call to action that aligns with the ambitions of Dubai’s ‘D33 Economic Agenda’ to elevate sustainable finance and innovation on a global scale.”
Eddie Yu, CEO of the Hong Kong Monetary Authority, added, “The Climate Finance Joint Conference with the DFSA represents another significant step in enhancing the economic corridor between Asia and the Middle East, facilitating the flow of capital and the exchange of knowledge to support sustainable development in our region and beyond. We aim to leverage the pivotal roles of both Hong Kong and Dubai as leading financial and innovation centers and look forward to deepening our cooperation with the DFSA in climate finance and other sectors.”
The conference will feature a discussion between Mark Steward and Darryl Chan, Deputy CEO of the Hong Kong Monetary Authority, focusing on how technological innovation, regulatory frameworks, and sector collaboration can unlock the full potential of climate finance. This dialogue aims to stimulate capital flows towards sustainable projects and expedite the global transition to climate neutrality. Prominent speakers will also engage in discussions on various topics, including opportunities to transform the Asia-Middle East corridor into a green pathway and the impact of tokenization in driving climate transformation. A detailed presentation will showcase the findings from collaborative research between the DFSA and the Hong Kong Monetary Authority on the role of sustainable debt in expanding climate finance in emerging markets.
Strategic partners for the conference include the Dubai International Financial Centre Authority, which is dedicated to promoting sustainable practices within the centre’s community and core operations, as well as Nasdaq Dubai, a leading hub for green bonds and sustainable Islamic finance that attracts global investors focused on environmentally responsible economic growth.
By bringing together policymakers, financial sector leaders, and global investors in one venue, the conference will serve as a platform to explore the potential of regulatory foresight, advancements in fintech, and sustainable finance in creating more inclusive and resilient financial systems.