Abu Dhabi, UAE – Partanna Oasis [Ltd.], an Abu Dhabi-based climate technology company, has signed the Abu Dhabi Sustainable Finance Declaration (ADSFD), run by Abu Dhabi Global Market (ADGM). Signing of the Declaration is a demonstration of Partanna’s commitment to supporting the UAE’s drive to create a green economy as the company establishes and grows its regional operations from Abu Dhabi. 

The Abu Dhabi Sustainable Finance Declaration was launched in 2019 with support from the Ministry of Climate Change and Environment, The Central Bank of The UAE and The Securities and Commodities Authority. The Declaration seeks to unite public and private sector entities under a common goal: integrating environmental, social, and governance (ESG) principles into financial markets.

Partanna Oasis, part of Partanna Global, Inc., joins a growing network of globally renowned financial companies, government institutions and climate technology organizations committed to furthering the UAE’s sustainability footprint and ensuring the longevity of the emirates’ economy. 

Partanna’s innovative carbon-negative building materials, which actively remove carbon from the atmosphere, makes it a natural fit for the principles of the Declaration. The Declaration’s objectives include developing frameworks for green investments, encouraging educational opportunities on sustainability, and facilitating collaboration between industry and government. Partanna’s signature marks a pivotal step toward deeper involvement in regional sustainability initiatives.

Partanna Oasis is planning to establish production facilities in Abu Dhabi, to manufacture its carbon negative cement and concrete products, serving the thriving construction market in the UAE and empowering partners to decarbonize. Portland cement, widely used across the Gulf region, is responsible for 9% of global CO2 emissions. Partanna’s innovative technology transforms developments into vital carbon removal assets.