Abu Dhabi Investment Authority

Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund established by the Government of the Emirate of Abu Dhabi as an independent investment institution. Under the United Arab Emirates Constitution, the natural resources and wealth of the Emirate of Abu Dhabi are the public property of the state. ADIA is provided with funds that are allocated for investment and surplus to its budgetary requirements. The investment authority’s funding sources derive from oil, specifically from the Abu Dhabi National Oil Company and its subsidiaries. ADIA’s mission is to sustain the long-term prosperity of Abu Dhabi by prudently growing capital through a disciplined investment process and committed people who reflect ADIA’s cultural values. In 2008, ADIA, alongside the International Working Group of SWFs created an agreed framework of Generally Accepted Principles and Practices that reflected appropriate governance and accountability arrangements, as well as the conduct of investment practices by SWFs on a prudent and sound basis. These became known as the "Santiago Principles". In 2018, ADIA became a founding member of the One Planet Sovereign Wealth Fund Working Group, which developed a framework to promote the integration of climate change analysis into the management of large, long-term, and diversified asset pools.Read more ⏷