The Arab Monetary Fund (AMF) today commenced the Fifth Regular Meeting of the Green and Sustainable Finance Network in Arab Countries. The two-day meeting brings together senior officials from Arab central banks, ministries of finance, and financial market authorities, as well as representatives from regional and international institutions concerned with sustainable finance.
The meeting discusses a number of key topics related to enhancing the readiness of Arab financial systems to manage climate-related risks, developing national sustainable finance frameworks, and strengthening the role of financial markets and financial innovation in expanding green and sustainable finance.
In his opening remarks, Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, stressed the importance of strengthening regional cooperation, exchanging expertise, and building capacities to support the development of sustainable finance ecosystems across Arab countries, thereby contributing to economic stability and sustainable growth.
He also reaffirmed the Arab Monetary Fund’s commitment to continuing its support for member countries through the development of regional initiatives, the provision of technical advice, and capacity-building efforts, with the aim of enhancing the resilience of the Arab financial sector and its ability to adapt to future challenges and developments.