UAE – Mubasher: Abu Dhabi Fund for Development (ADFD) has launched Abu Dhabi Global Water Platform by mobilizing $2 billion (AED 7.34 billion) from local and international financing institutions.

ADFD will allocate an initial phase of $1 billion (AED 3.67 billion) over five years, from 2026 to 2030, targeting approximately 10 million beneficiaries worldwide, according to a press release.

The strategic initiative aims to accelerate impactful development projects, unlock new investment opportunities, and support innovative solutions that advance the global water sector.

Meanwhile, the platform aims to boost water and food security in developing countries. This is in addition to providing communities with access to clean and safe water, advanced technologies, and innovative solutions for water resource management.

It will also foster strategic partnerships to enhance collaboration and co-financing, support environmental sustainability, and improve quality of life.

Mohamed Saif Al Suwaidi, Director-General of the ADFD, said: “This initiative stands as a key pillar of our 2030 strategy, reinforcing our mandate to deliver sustainable, high-impact solutions. Through this platform, we aim to strengthen our engagement with the international community to secure essential resources for future generations.”

He added: “Through our joint efforts, we can accelerate the adoption of innovative solutions and technologies that enhance water security and empower developing nations to overcome future challenges.”