Enabling the development of a Thriving third sector to drive sustainability and economic growth

[Music] distinguished guests ladies and gentlemen As We Gather today to discuss how the global economy is being impacted by ongoing Financial technological and sustainability developments I would like to start with affirming the importance of using the cop 28 stage to encourage inclusivity and further UA's mantra partnership promotes progress today our journey continues to support efforts addressing critical priorities of climate change reduce emissions and limit global warming the authority of social contribution ma is an abudhabi government entity operating under the Department of Community Development established to amplify the development of an Engaged and collaborative Community with within the UAE Capital with the overarching aim to support an activated third sector to deliver initiatives and programs that address pressing social concerns M encourages the Abu Dhabi Community to come together to make a difference designed to grow the third sector in a sustainable way M follows a sustainable Finance approach demonstrating the relevance between sustainable finance and the social sector sustainable development is marked by optimizing the use of existing resources without compromising future needs according to the United Nations there are three key factors in driving sustainability economic growth Environmental Protection and social inclusion at the authority of social contribution our programs initiatives and Frameworks are curated to Foster positive sustainable impact that will strengthen communities and help build an active engaged and connected Society Partnerships are at Mah's very core in driving collaborations with public and private sector entities we empower the third sector of nonprofits social Enterprises and community volunteers through an extensive programs of sustainable and Innovative funding mechanisms our key areas of work in sustainable Finance include structuring Innovative Finance instruments such as social impact bonds and providing grants funding to volunteer groups nonprofits social businesses and Enterprises to support in scaling operations and services or activating volunteers and to accelerate social impact man launched the first recognition scheme for organizations focused on addressing social priorities to make an impact a vital component of that pillar is the manah social incubator program a program designed to support the next generation of entrepreneurs and identify new tangible solutions to Social Challenges through this platform social entrepreneurs and not for-profit organizations pitch for the chance to develop and accelerate their inov ation since its Inception we are very proud to say that man social incubator has achieved the number of Milestones which have enabled us to successfully address eight social priorities I would like to finish by saying that at man we believe that success comes through working in Partnership whether it's addressing social priorities here in the emirat or making strides forward internationally to achieve sustainability goes through strategic collaborations I invite you all to partner with man and be part of creating a collaborative community that leaves a lasting social impact thank you