Retail investors in the UAE can mobilise more than Dh367 billion ($100bn) towards top environmental, social and governance (ESG) priorities, particularly the financing of climate transition to net zero, a report by Standard Chartered has found.
This capital could play a critical part in bridging funding gaps in the UAE’s other ESG priorities, including food and water security and pollution and waste management, said the report, which surveyed 3,113 people across 10 markets.
More than 40 per cent of investors in the Emirates want to put their money towards addressing climate issues, the research found.
“Our global research reveals a significant amount of retail investor wealth which can flow into sustainable investment should the investment barriers be overcome,” said Owen Young, head of affluent and wealth management for Africa, Middle East and Europe at Standard Chartered Bank.
