Abu Dhabi, UAE – First Abu Dhabi Bank announced, on Thursday, the signing of a strategic partnership with Water.org and its subsidiary, Purposeful Investment Management Company WaterEquity. This is on the occasion of World Environment Day, which falls on June 5 of each year.
As part of this partnership, the bank invested in WaterEquity Everspring, a fund open to meaningful and impactful investments. It focuses exclusively on expanding access to clean and safe water and sanitation services in emerging markets.
Water.org is a global non-profit organization dedicated to expanding access to water and sanitation. WaterEquity is directing private sector investments to address the challenges associated with this vital sector.
continued cooperation
This step constitutes an important milestone that establishes an ongoing cooperation platform between First Abu Dhabi Bank, Water.org and WaterEquity. With the aim of enhancing access to water and sanitation services through financing solutions based on market mechanisms.
The bank will thus become the first commercial financial institution in the Middle East and North Africa region to partner with both institutions through a direct investment vehicle. This reflects his leadership in employing capital to achieve a positive impact, including investing in WaterEquity. With a commitment to directing any returns to support Water.org’s mission and goals.
This partnership reflects the Bank’s commitment to enhancing water security as a strategic priority. Given its pivotal role in efforts to adapt to climate change, enhance resilience, improve public health, and support economic stability. By directing private investments towards one of the most severe global funding shortfalls. The Bank emphasizes the vital role of financial institutions in providing scalable solutions with tangible impact.
enhance water security
Through WaterEquity Everspring, capital is leveraged through local financial institutions to provide accessible financing solutions to low-income households and businesses. This provides widespread access to water and sanitation services.
The partnership is in line with the UAE’s national agenda to enhance global water security, including the objectives of the Mohammed bin Zayed Water Initiative. It also strengthens the country’s leadership position as the host country for the United Nations Water Conference scheduled to be held in December 2026.
This cooperation reflects the translation of national priorities into practical initiatives led by the private sector. This strengthens Abu Dhabi’s position as a global center for sustainability and climate leadership.
