Abu Dhabi Fund for Development (ADFD), the development arm of the UAE government, is a leader in global development support and aid. ADFD’s strategy is based on a multi-pronged approach that rapidly adapts to overcome current and future challenges facing its development operations notably:
- Sustainable Development Goals (SDGs)
- Various transitions on the global political stage and shifting economic cycles
- Fluctuations in the global economy impacting exchange rates, loan rates, interest rates, as well as financing instruments
ADFD launched the '2017-2021' strategy to strengthen its institutional capacity, improve its performance, and keep abreast of the internal and external economic changes affecting its development work. The current strategy is in line with the SDGs, the UAE Vision 2021, and the Abu Dhabi Economic Vision 2030.
The Fund's strategy focuses on continuing its active role in stimulating economic growth in developing countries, the geographical expansion of its development funding operations, as well as in supporting the national economy.
This strategy is an enhanced plan of the '2015-2019' strategy following the 2013 amendment to ADFD's law of establishment which included a capital increase to AED16 billion and the expansion of its operations to finance development projects in the UAE.