United Arab Emirates - Clean Tech and Environmental Technologies
Overview. There are many opportunities for U.S. exporters in the clean tech and environmental technologies sectors in the UAE. The UAE has pledged to reach net zero carbon emissions by 2050 and announced it would invest $163 billion in clean and renewable energy and key technologies. The UAE will host the COP28 United Nations Climate Change
DBP, partners champion Green Financing - Eco-Business
The Development Bank of the Philippines (DBP) has partnered with four institutions to promote Green Financing – investing in processes and systems friendly to the environment – with P20.6 billion facility. DBP’s P20.6-billion facility is available for industries and local government units embarking on projects for cleaner production, re
United Arab Emirates — Countries - Global Green Growth
The United Arab Emirates is a hydrocarbon-based economy with a long-term vision to prepare for the post-oil era by transitioning toward green economy. The country has achieved rapid economic growth in the past few decades leading to substantial progress in education, health, life expectancy, and quality of life.
Green Financing Program - Development Bank of the Philippines
The Green Financing Program (GFP) is DBP’s umbrella program to support the Bank’s strategic thrust of environmental protection and the country’s green growth strategy. The program was designed primarily to assist strategic sectors, industries and local government units (LGUs) in adapting environment-friendly processes and technologies and incorporating climate change adaptation and
SHUAA Press Release -SHUAA leads innovative funding round
alternative financing United Arab Emirates, 15 March 2025: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has led a USD 50 million structured Sukuk for Pure Harvest Smart Farms, the world-leading, sustainable technology-enabled agribusiness based in the UAE.
- Which banks are going green in UAE?
- Closer home, banks in UAE are making rapid strides in their journey to green. The Top 6 banks had collectively committed to Dh190 billion of green loans by end-2022. While Emirates NBD has recently launched the largest green bond issuance from a regional bank, FAB has committed to $75 billion of green financing by 2030.
- How green is the banking industry in UAE?
- Overall, green banking products are expected to grow at a healthy rate of 4-25 per cent per annum. Closer home, banks in UAE are making rapid strides in their journey to green. The Top 6 banks had collectively committed to Dh190 billion of green loans by end-2022.
- Will Sharjah issue a green bond in 2024?
- The green financing trend in the Middle East is continuing in 2024, with Sharjah issuing its second sustainable bond in February. In addition, Oman published a Sustainable Finance Framework, and Qatar’s finance minister said at Davos that its debut green bond would be coming soon.
- How will the cop28 summit affect UAE banks?
- They have to make this transition while avoiding allegations of ‘greenwashing’ that have hurt the reputation of many global banks. The COP28 summit in Dubai will undoubtedly put more pressure on UAE banks to focus on sustainability.
