RFI Summit announces roundtable on responsible finance

RFI Summit announces roundtable on responsible finance

The Responsible Finance & Investment Foundation and Swiss Arab Network are excited to announce the addition of another event alongside the RFI Summit, the CDIT Roundtable hosted by DDCAP Group.  This roundtable will offer a focus into the linkages between FinTech and responsible finance and will occur on 28 April from 1:30pm to 4:30pm at the Four Seasons Abu Dhabi at Al Maryah Island, adjacent to Abu Dhabi Global Market.

The roundtable addresses a critically important issue of the role of technology in supporting the responsible finance industry and in strengthening the opportunities for responsible FinTech. It also reiterates the RFI Summit’s commitment to carrying forward the outcomes beyond the end of the formal Summit activities. A 12-person Advisory Board was appointed in February 2019 to oversee the development of the CDIT Initiative.  Advisory Board members will join the roundtable in Abu Dhabi to continue progress on the initiative.

Blake Goud, CEO of RFI Foundation commented: “We are excited to see the progress continue on the CDIT Initiative, which emerged out of the RFI Summit 2018.  We’re looking forward to gain insights from further discussion to assist the Advisory Board in guiding the continued development of the CDIT Initiative.”

Mounir Khouzami, Executive Board Member, Chairman of the Advisory Board and Co-Founder of Swiss Arab Network added: “We look forward to a focused discussion to expand the role for the CDIT initiative to gather support from across the Middle East’s financial markets as responsible finance grows in prominence.”

ESG-rated investment firm Exergy Capital Management focused on the energy transition announces support for the RFI Summit 2019

Exergy Capital Management supports the RFI Summit vision for creating “A New SRI,” at the intersection of sustainable, responsible & Islamic finance as a result of their experience focused on financing critical elements within the energy value chain that support the transition to a low carbon future.  The effect on energy firms, their providers, suppliers and financiers and end-users ultimately becomes a critical issue for financial institutions that provide equity and debt financing to companies within the energy supply chain.

Blake Goud, CEO of the RFI Foundation, commented: “Many Islamic financial institution face a significant impact from the shift to a low-carbon economy, both directly and indirectly, through the physical, regulatory and transition risks.  We are thrilled to have Exergy partnering with the RFI Summit to validate the global recognition that the Islamic finance industry is well placed to manage risks and seize opportunities associated with the energy transition. ”

Dr. Erich Becker, Founder and Managing Partner of Exergy Capital Management added: “We appreciate that the energy transition, decarbonisation and digitalisation are important components of the discussions to be held at the RFI Summit 2019.  We look forward to seeing the investors and financial institutions from across the MENA region, especially Islamic financial institutions, come together in Abu Dhabi to find new opportunities to improve their management of the global energy transformation within the context of an increased push into sustainable and responsible finance.”