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Through renewable energy, green hydrogen, and engineering initiatives
The funding aims to boost sustainability within the education sector
Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022
BYD's Türkiye factory is expected to begin production by the end of 2026 and create 5,000 direct jobs
Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion
The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks
Summit will be held under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress'
As of the end of June, the country’s foreign reserves stood at $412.21 billion
The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
A solar park, a green hydrogen project and a hydroelectric power plant are some of the initiatives
The survey showed that 52 percent of executives are fully embedding sustainability strategies across their organisation
Sheikh Mohamed met with entrepreneurs, youth, and officials in Abu Dhabi to discuss environmental initiatives and sustainability ideas
COP28 Presidency and the UAE will work closely with Azerbaijan's COP Presidency to ensure COP29 builds on the outcomes of Dubai, the minister said
In 2023, ADFD led a $4.5 billion UAE initiative to boost Africa's clean energy infrastructure
The bonds are divided into two tranches and aim to fund environmentally friendly projects
China accounted for three-quarters of the total investments in this field, according to the report
Banks demonstrated resilience and proactive strategies in adapting to market conditions
The cofinancing will support projects that include climate change, transportation, energy, agriculture, ICT
Green finance emerges as major player in supporting economic diversification efforts
Framework reaffirms Saudi Arabia's position as a regional leader in sustainable finance
GCC banks consider the quantification of climate transition risks as a key challenge, according to an S&P report
Four scenarios paint potential pathways for profession over the next decade
Robust capitalization and profitability to uphold GCC banks, despite emerging risks
