California-based fintech company Aspiration Inc., backed by such powerhouses as Oaktree Capital Management and affiliates of former Microsoft Corp CEO Steve Balmer and environmentalists and Hollywood icons Leonardo DiCaprio and Robert Downey Jr, announced today that the company will be setting up offices at Abu Dhabi Global Markets. 

The announcement was made on the sidelines of Abu Dhabi Sustainability Week, where Vinoda Basnayake, President of Aspiration MENA discussed the company’s ambitious plans for the region. Aspiration is a purpose-driven climate action company that offers businesses, governments, investors, and consumers access to carbon assets through products, services, and investments.

Aspiration aims to serve as a sustainability partner for the UAE ahead of the country hosting COP28, the UN’s annual climate change summit taking place this November and December. Aspiration’s world-class carbon programme manages one of the world’s largest inventory of premium tree planting and carbon reduction portfolios that collectively accelerate global decarbonisation and deliver tangible environmental and social impact at scale.