Finance

Total sustainable bond issuance reached $16.7 billion in the first nine months of 2024 in the Middle East, according to S&P Global Ratings. This is down 18 per cent from …

Funding climate innovation appears to have lost its shine for European policymakers. Unless this changes soon, the European Union risks losing its status as a pioneer in climate-related technologies. Early …

The multilateral Climate Investment Funds announced that it will deploy up to $1bn in funding to decarbonise heavy-emitting industries this month, launching a call to developing countries to participate. The …

Islamic financial institution Abu Dhabi Islamic Bank has announced a partnership with environmental charity and non-profit organisation Emirates Nature–WWF to launch an environmental donation platform. The platform will reportedly enable …

This week, Morocco’s Caisse de Dépôt et de Gestion (CDG) and the Casablanca Finance City Authority (CFCA) signed a Memorandum of Understanding (MoU) to establish a regional voluntary carbon market. …

The Commercial Bank has issued its inaugural Green Bond denominated in CHF (Swiss Franc). The bond is the largest ever CHF green bond issued in Qatar, the largest CHF bond …

MENAT banking group Emirates NBD has inked an ESG-linked working capital facility with Landmark Retail, marking the first time a private sector company has signed a bilateral sustainability-linked loan in …

The just-concluded United Nations Summit of the Future in New York, and next year’s Second World Summit for Social Development, aim to “chart a path toward achieving the Sustainable Development Goals (SDGs) and …

UAE energy company Masdar has reached an agreement to acquire Spanish green energy company Saeta from Brookfield Renewable this week, in one of Spain’s largest renewable energy transactions. The deal, …