Sovereign Green Finance
The State of Qatar is a country with a strong progressive vision for it’s people and it’s region. The State is committed to improving the quality of life of it’s residents and to long-term economic resilience. These aims have strong linkages to the United Nations Sustainable Development Goals and contribute to international commitments of the state, one of the most important being Qatar’s commitment to the Paris Agreement. Achieving the above mentioned goals will require substantial public and private sector investment and expertise; to this end, the State of Qatar has introduced it’s first sovereign Green Financing Framework, which will allow investors to support Qatar’s investments in climate action, environmental protection and sustainable development, while fostering further development of Qatar’s sustainable finance market. The State approved the establishment of a Sustainable Finance Committee, based on the Cabinet’s Resolution No. (2) for 2023, to carry out the evaluation, selection process and release related reports. The State has also appointed a specialized second party opinion (SPO) as an external review provider to evaluate and confirm the alignment of the State of Qatar Sovereign Green Financing Framework with the relevant international principals of green and sustainable financing.