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The Finance World Magazine| Edition: November 2023

As COP28 unfolds, finance takes the spotlight, intricately linked to Climate Transition and Adaptation. This edition of The Finance World Magazine explores the finance-sustainability connection and the growing trend in the MENA region. In this edition, the focus lies on influential leaders from the UAE who are leaving a significant mark on sustainability. Employing a rigorous selection process, the cover story of this magazine highlights 10 UAE leaders who have substantially participated in sustainability efforts. Notable figures include Sultan Al Jaber, the president-designate of COP28, and Emirati Visionaries Razan Al Mubarak and Shamma Al Mazrui, who are appointed as ambassadors for COP28. Centred around sustainability and finance, this edition highlights different aspects of green initiatives surging in the Middle East, including the ESG revolutions in the fintech sector, green investments in luxury real estate across UAE, and the rise of sustainable tourism throughout the region. It also encompasses informative articles on "Leveraging Digital Assets and Blockchain for Achieving ESG Objectives," "Balancing Profit and Protection: Investing in Wildlife Sanctuaries," and much more. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

As COP28 unfolds, finance takes the spotlight, intricately linked to Climate Transition and Adaptation. This edition of The Finance World Magazine explores the finance-sustainability connection and the growing trend in the MENA region.

In this edition, the focus lies on influential leaders from the UAE who are leaving a significant mark on sustainability. Employing a rigorous selection process, the cover story of this magazine highlights 10 UAE leaders who have substantially participated in sustainability efforts. Notable figures include Sultan Al Jaber, the president-designate of COP28, and Emirati Visionaries Razan Al Mubarak and Shamma Al Mazrui, who are appointed as ambassadors for COP28.

Centred around sustainability and finance, this edition highlights different aspects of green initiatives surging in the Middle East, including the ESG revolutions in the fintech sector, green investments in luxury real estate across UAE, and the rise of sustainable tourism throughout the region. It also encompasses informative articles on "Leveraging Digital Assets and Blockchain for Achieving ESG Objectives," "Balancing Profit and Protection: Investing in Wildlife Sanctuaries," and much more.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Cover Story<br />

Influencing Sustainable<br />

Development<br />

Muhammad<br />

Jameel Al Ramahi<br />

CEO, Masdar – Abu Dhabi Future Energy Company<br />

As the Chief Executive Officer of Masdar, Mohamed<br />

Jameel Al Ramahi spearheads one of the world’s<br />

foremost champions of clean energy. Masdar’s<br />

influence spans across more than 40 countries, solidifying<br />

its position as a global clean energy powerhouse. Under<br />

his stewardship, Masdar has evolved into one of the<br />

largest renewable energy companies globally, boasting<br />

an expansive project portfolio with over 20 GW of clean<br />

energy capacity. Remarkably, the company aspires to<br />

amplify its impact, with ambitions to reach an astounding<br />

100GW and produce 1 million tons of green hydrogen<br />

annually by 2030.<br />

Beyond his role as CEO, Al Ramahi holds pivotal positions<br />

on several prominent boards. As the Chairman of the<br />

Masdar Executive Committee, he plays a central role in<br />

shaping the company’s strategic decisions. His influence<br />

extends globally as he serves as the Vice-Chair of the Global<br />

Council on Sustainable Development Goals. Furthermore,<br />

he contributes to the governance of the Emirates Waste<br />

to Energy Company and Shuaa Energy 2 PSC, a company<br />

focused on the development of phase 3 of the Mohammed<br />

Bin Rashid Al Maktoum Solar Park in Dubai.<br />

A notable characteristic of Al Ramahi’s approach to sustainability<br />

is his natural inclination toward collaboration.<br />

His active involvement in various international groups,<br />

such as the French Business Group, Australian Business<br />

Group, US-UAE Business Council, and the Sustainable<br />

Markets Initiative Taskforce for Energy Transition, exemplifies<br />

his dedication to fostering robust international<br />

cooperation in the domains of business and sustainability.<br />

In recognition of his exceptional contributions to the<br />

energy landscape in the Middle East, Al Ramahi has been<br />

a recipient of several awards. His unwavering dedication<br />

to advancing clean and sustainable energy has left an indelible<br />

mark on the region’s transformation toward green<br />

power. Notably, under his guidance, Masdar is engaged<br />

in the construction of one of the largest single-site solar<br />

power plants. With a background in hydrocarbons and<br />

prior experience at Abu Dhabi Gas Industries, Al Ramahi’s<br />

transition to a leadership role at Masdar showcases his<br />

commitment to renewable and clean technologies at scale.<br />

Furthermore, his involvement in boards such as SHUAA<br />

Energy 2 PSC and Mubadala Health underscores his<br />

multifaceted influence, reaching various sectors beyond<br />

clean energy. He holds an Honorary Fellowship in the<br />

Energy Institute and has been honoured with titles like<br />

Trailblazer of the Year in 2022 by S&P Global Platts and<br />

International Energy Diplomacy Person of the Year by Gulf<br />

Intelligence in 2020, amongst other international recognitions.<br />

His achievements and relentless commitment to a<br />

greener future make him an exemplary individual driving<br />

significant sustainability change.<br />

34 www.thefinanceworld.com <strong>November</strong> <strong>2023</strong>

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