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3rd Party: 09 Dec 2024
GIGATONS, the technology and funding business created to scale the capital required to accelerate gigatons of carbon emission reductions,is proud to announce its signing of the Abu Dhabi Sustainable Finance Declaration at (ADGM. This milestone reinforces GIGATONS’ commitment to advancing sustainability through transformative net-zero projects and initiatives across the United Arab Emirates and the world.
The Declaration represents a collective effort to mobilize capital and innovation toward achieving sustainable development goals. By joining this initiative, GIGATONS aligns its vision with global environmental, social, and governance (ESG) priorities, further strengthening its ambition to deliver a major role in supporting sustainable economic growth from the heart of ADGM.
“As signatories to the Abu Dhabi Sustainable Finance Declaration, GIGATONS are committed to accelerating the pace that capital can be transparently deployed into net zero solutions,” said Toddington Harper, CEO of GIGATONS. “Our focus is scaling net zero transport networks, and critical power infrastructure, including market leading electric vehicle charging networks, blockchain, and AI. Pioneering sustainable digital assets supported by ADGM’s ‘DLT Foundation’, are a key pillars in delivering our strategy, and we are excited to be accelerating a more connected and sustainable future.”
The Abu Dhabi Sustainable Finance Declaration, is a voluntary, membership-based initiative launched by ADGM and endorsed by the Ministry of Climate Change and Environment, the Central Bank, and the Securities and Commodities Authority. To date, 160 organisations, including GIGATONS, have now signed the declaration, committing to integrate ESG considerations into their business models, products, and investments.
By signing the declaration, GIGATONS will be connecting with fellow signatories and ESG stakeholders in Abu Dhabi to support the creation of a vibrant sustainable finance hub for capital formation, raising, and deployment in ADGM.
As part of a raft of announcements made during Abu Dhabi Finance Week, GIGATONS will be sharing its plans to leverage cutting-edge technologies, and announcing strategic partnerships to revolutionize critical power infrastructure, maximise the flow of capital, and accelerate delivering of net zero in the shortest possible timeframe. This commitment aligns with the UAE’s vision of becoming a global leader in sustainability and green innovation.
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