ADFD is chairing the annual meeting of the Arab Coordination Group in Vienna.
The 19th annual meeting of the heads of institutions of the Arab Coordination Group was held in Vienna, Austria, under the theme “Partnerships for a Better Future,” and chaired by Mohammed Saif Al Suwaidi, the Director-General of Abu Dhabi Fund for Development (ADFD).
Representatives from various organizations, including the Islamic Development Bank Group, the Kuwait Fund for Arab Economic Development, the Qatar Fund for Development, the Arab Fund for Economic and Social Development, the OPEC Fund for International Development, the Arab Bank for Economic Development in Africa, the Arab Gulf Programme for Development (AGFUND), and the Arab Monetary Fund, attended the meeting.
The discussions mainly focused on the group's efforts to promote sustainable development in developing countries. Key topics included infrastructure and healthcare projects, food security, and clean energy initiatives. The meeting also reviewed mutual interests and strategies to address economic challenges, social issues, climate change, and food security in partner countries.
Mohamed Saif Al Suwaidi emphasized the significance of the meeting as the Arab Coordination Group approaches 50 years of sustainable development efforts and highlighted the need to intensify collaborative efforts across all fields to continue making a positive impact, particularly in the face of contemporary global challenges, such as the impacts of climate change.
ACG members also discussed collaborative efforts to tackle climate change, including contributions to support sustainable development projects. The outcomes of COP 28 and preparations for the 29th session, to be held in Baku, Azerbaijan, from 11th to 22nd November, were also among the topics of discussion.
Furthermore, the participation of ACG in COP16 of the United Nations Convention to Combat Desertification (UNCCD) and the upcoming event hosted by Saudi Arabia in Riyadh from 2nd to 13th December, aimed to support projects to combat desertification and reclaim agricultural lands, were discussed.
The Arab Coordination Group works together to share diverse skills, qualifications, and experiences, and to exchange knowledge and implement innovative initiatives effectively to support developing countries and advance sustainable development goals among member countries.