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IRENA, ADGM affirm tie to promote renewable energy

The International Renewable Energy Agency (IRENA), the leading intergovernmental agency for energy transformation; and the Abu Dhabi Global Market (ADGM), the award-winning international financial centre; have signed a Memorandum of understanding (MoU) to signify their joint commitment to progressing sustainable finance across the UAE and wider region.

Through the MoU, IRENA and ADGM solidified their mutual dedication to promoting solutions that facilitate investment in renewable energy. The agreement was signed by Francesco La Camera, Director-General of IRENA and Dhaher bin Dhaher, CEO of the ADGM Registration Authority (RA).

In addition to the MoU, IRENA and ADGM will explore additional approaches to support local initiatives, mutually promote their respective platforms, exchange information on important events and support one another in promoting common aims, initiatives and events.

Source: Electrical India