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23 October 2026

‎ FAB and Soma Mater Management Consultancies Convene ‎Water Resilience and Innovation Roundtable ‎

Abu Dhabi,23 October 2026: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial ‎institutions, in partnership with Soma Mater Management Consultancies, convened the Water ‎Resilience and Innovation Roundtable in Abu Dhabi on 19 October 2026. Held under the FAB SME ‎Sustainability Programme, the closed, facilitated session brought together around 20 ‎representatives from UAE-based water-innovation startups, research institutions, and ecosystem ‎partners to explore how finance and collaboration can help advance water-resilience solutions in ‎the UAE.‎

Participants examined water innovation across policy, finance, innovation infrastructure and ‎education, reflecting the UAE’s focus on water security, including Dubai’s target to achieve 100% ‎utilisation of treated sewage effluent (TSE) by 2030. Discussions focused on water efficiency and ‎reuse, climate adaptation, financing gaps, and the pilot, procurement and commercialisation ‎barriers that can limit wider deployment. They also considered how these approaches can help ‎reduce reliance on energy-intensive desalination, lowering emissions and exposure to climate-‎driven supply disruption.‎

The event also explored how stronger collaboration across finance, research and industry can ‎support the wider deployment of water-resilience solutions. Insights from the discussion will inform ‎an outcome paper ahead of the 2026 UN Water Conference, which the UAE and Senegal will co-‎host in Abu Dhabi from 8 to 10 December 2026. The paper will identify key financing and ‎commercialisation barriers facing water innovators and outline opportunities for banks, businesses ‎and policymakers to help bring promising solutions to market.‎

The roundtable builds on FAB’s broader blue-finance commitments, including its AED 100 billion ‎target to support water and blue economy-related financing between 2026 and 2035. FAB is also the ‎first bank in the Middle East and North Africa (MENA) region to sign the UN Sustainable Blue ‎Economy Finance Principles and has facilitated approximately AED 20 billion in water-related ‎financing. By engaging directly with water innovators, FAB aims to identify where finance can best ‎support the SMEs developing the next generation of water solutions.‎