The UAE has taken a significant step toward strengthening its climate resilience with the launch of the Adaptation Finance Capacity Assessment, a nationwide review of the country’s ability to mobilise and sustain funding for climate adaptation efforts.
Developed by the Ministry of Climate Change and Environment in collaboration with the Global Green Growth Institute, the assessment was unveiled during a dedicated session on climate risks and resilience at Abu Dhabi Sustainability Week 2026. It evaluates how adaptation finance currently flows across public, private, and civil society sectors and identifies opportunities to accelerate investment.
The assessment is built around six key pillars that examine readiness, governance, financial systems, and institutional capacity. Its findings confirm that the UAE’s strong financial position and robust institutions provide a solid foundation for scaling adaptation finance. The report describes the country as operating one of the region’s most disciplined and transparent budgeting systems, supported by highly proficient public financial management.
Speaking at the launch, Dr. Al Dahak said the assessment marks an important milestone in integrating adaptation finance into national development strategies and translating policy into tangible action. She also emphasised the need for every sector to take responsibility in advancing climate resilience.
The event highlighted the importance of increased private sector participation, stronger collaboration, and greater knowledge exchange. GGGI Executive Director Dr. Sang-Hyup Kim noted that while the UAE is well positioned to advance adaptation finance, further institutionalisation of mechanisms could enhance effectiveness and long-term impact.
The assessment also points to areas for improvement, including the potential development of a unified open-access climate risk platform to support insurers and banks in pricing risk.
Insights from the discussions will inform the UAE’s forthcoming National Adaptation Plan, ensuring climate priorities are backed by concrete and financed actions.
News Source: Emirates News Agency
