The country has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to a low-carbon economy
The banking group is expanding its target to include transition financing projects and early-stage innovative climate solutions such as green hydrogen
As the first licensee of consumer finance in Egypt, Contact has played a pivotal role in growing the non-bank credit sector
The accelerator programme is accepting applications from September 6 to October 10 this year
Governments around the world are increasingly treating private sector companies as key partners in tackling societal challenges, including climate change
The UAE banks invested in various projects in renewable energy, waste-to-energy, and green technology in 2022
The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai
The auditing firm said businesses in the region are increasingly transparent about their environmental impact, with 70 per cent reporting on their ESG impact
The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.
The financing is provided in cooperation with Standard Chartered Bank
The global food production industry is increasingly turning to green financing as a way of mitigating its impact on the planet
The framework is accompanied by a second party opinion from ESG ratings agency Sustainalytics
Mastercard and HSBC will aim to develop an approach to green financing around sustainable infrastructure projects in net zero cities