{"id":65574,"date":"2025-06-18T17:25:37","date_gmt":"2025-06-18T13:25:37","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=65574"},"modified":"2025-06-18T17:25:37","modified_gmt":"2025-06-18T13:25:37","slug":"the-dfsa-joins-united-arab-emirates-authorities-in-launching-consultation-on-principles-for-climate-transition-planning","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/the-dfsa-joins-united-arab-emirates-authorities-in-launching-consultation-on-principles-for-climate-transition-planning\/","title":{"rendered":"The DFSA Joins United Arab Emirates\u2019 Authorities In Launching Consultation On Principles For Climate Transition Planning"},"content":{"rendered":"<p>The <a href=\"https:\/\/dubaiverse.io\/\" target=\"_blank\" rel=\"noopener\">Dubai<\/a> Financial Services Authority (DFSA), together with other members of the <a href=\"https:\/\/www.uaetoday.com\/\" target=\"_blank\" rel=\"noopener\">United Arab Emirates<\/a> (UAE) Sustainable Finance Working Group (SFWG), has today launched a public consultation on draft \u201cPrinciples for Climate Transition Planning\u201d (the Principles). This marks a further step in the SFWG\u2019s ongoing efforts to enhance the UAE\u2019s sustainable finance ecosystem.<\/p>\n<p>The draft Principles are designed to help financial institutions develop credible, transparent, and effective climate transition plans. These plans are forward-looking strategies that align an organisation\u2019s objectives, governance, risk management, and operations with their climate goals. The draft Principles cover eight key areas: setting transition objectives; governance; integration into strategy and risk management; metrics and targets; data and customer engagement; reporting and transparency; implementation; and review and updates.<\/p>\n<p>The proposed Principles are intended to apply proportionately across a wide range of financial institutions and are designed to remain flexible and forward-looking to reflect the evolving nature of global standards. By embedding climate risks and opportunities into financial decision-making, transition planning enhances firms\u2019 risk management, informs strategic and product development, and supports broader climate policy objectives.<\/p>\n<p><strong>How to submit feedback<\/strong><\/p>\n<p>The consultation is open to all the DFSA\u2019s stakeholders.Feedback is particularly welcomed from firms developing or enhancing their transition plans, as well as firms already engaged in climate-related risk management and disclosure practices.<\/p>\n<ul>\n<li>To read the draft Principles, <a href=\"https:\/\/365343652932-web-server-storage.s3.eu-west-2.amazonaws.com\/files\/8417\/5023\/1024\/UAE_Sustainable_Finance_Working_Group_-_Principles_for_Climate_Transition_Planning.pdf\">click here<\/a>.<\/li>\n<li>To submit your feedback, <a href=\"https:\/\/survey.dfsa.ae\/f\/136503\/5d19\/\">click here<\/a>. The deadline for submissions is close of business on 16 July 2025.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Dubai Financial Services Authority (DFSA), together with other members of the United Arab Emirates (UAE) Sustainable Finance Working Group (SFWG), has today launched a public consultation on draft \u201cPrinciples for Climate Transition Planning\u201d (the Principles). This marks a further step in the SFWG\u2019s ongoing efforts to enhance the UAE\u2019s sustainable finance ecosystem. The draft [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":65575,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-65574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/65574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=65574"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/65574\/revisions"}],"predecessor-version":[{"id":65576,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/65574\/revisions\/65576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/65575"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=65574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=65574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=65574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}