DFM ---ADX ---
2mCashless Commuting: Ajman Transport Authority Phases Out Cash PaymentsUAE
5mSevere Consequences for Wrong-Way Driving in Abu DhabiUAE
15mHidden Sun Hazards: Why Your Daily UAE Commute Is Aging Your SkinUAE
25mUAE’s 'Accident-Free Day' Initiative Offers License Relief for Safe DriversUAE
42mUAE Launches SEO Satellite to Advance Sustainability and ResearchUAE
1hUAE Becomes First Nation to Approve Oral Pill for Non-Segmental VitiligoUAE
1hEtihad Rail Rules: When You Can Be Removed from the TrainUAE
1hFujairah Police Crack Down on Teen Reckless Driving and Late-Night DisruptionsUAE
2hEmirates NBD Paves the Way for UAE’s Green TransitionUAE
2hFujairah Authorities Crack Down on Illegal Fishing to Protect Marine LifeUAE
2hSharjah Police Honoured a Resident for Alertness and Public CooperationUAE
2hUAE Weather Update: Rain Forecast and Fog Alerts for ResidentsUAE
2hUnderstanding UN Security Council Resolution 2817: Implications in the US-Iran ConflictUAE
2hNew Research Links Physical Discipline to Academic and Behavioral StrugglesUAE
2hHigh-Stakes Falconry: Abu Dhabi Auction Sees Bids Soar to Dh200,000UAE
2hUAE Educators Defend PoE System Amidst A-Level Result DebatesUAE
23hUAE Drivers Can Slash Black Points Through 'Accident-Free Day' InitiativeUAE
23hEtihad Rail’s Passenger Guidelines: What You Can and Cannot Bring OnboardUAE
1dDubai Teen Makes History with International Biology Olympiad BronzeUAE
1dIndian Consular Services Now Accessible via Walk-ins at 16 Alhind CentersUAE
1dDubai’s Museum of Illusions Bids Farewell After Eight-Year RunUAE
1dPure Super White Falcon Fetches Dh250,000 at ADIHEX AuctionUAE
1dNew Solar Plant in Central African Republic Boosts National Energy Capacity by 60%UAE
1dUAE Denounces Iranian Aggression Against Adnoc Vessel in Strait of HormuzUAE
1dUAE Lottery Names Latest Dh5-Million WinnerUAE

Emirates NBD Paves the Way for UAE’s Green Transition

Mon, Aug 17, 2026(2h ago)UAE

Emirates NBD has officially introduced the UAE’s inaugural Transition Finance Framework, a strategic initiative designed to assist corporate and institutional clients in navigating their journey toward lower-carbon operations. Recognizing that many businesses in high-emission sectors—such as manufacturing, energy, and transport—are making genuine efforts to improve their sustainability despite not yet meeting strict "green" criteria, this framework provides a clear pathway for funding. By offering specific guidance on eligible investments in energy efficiency and clean technology, the bank is helping companies bridge the gap between their current practices and a more sustainable, resilient future.

Developed in alignment with international standards like the ICMA Climate Transition Finance Handbook and reviewed by DNV Assurance, this framework is a core pillar of the bank’s broader commitment to sustainability. This initiative directly supports Emirates NBD’s ambitious goal of delivering $30 billion in sustainable and transition finance by 2030, while simultaneously bolstering the UAE Banking Federation’s wider vision for the nation’s green economy. By providing a transparent and consistent methodology for evaluating transition activities, Emirates NBD is ensuring that capital is effectively channeled toward meaningful decarbonization and industrial transformation across the region.

Comments0
No comments yet. Be the first to share your thoughts.