green
Green Financial Support for Green Drivers
UAE banks are responding to international predictions and local initiatives of transitioning to greener, emission-free roads through targeted green auto loans. Strong Global and Local Trends A Bloomberg New Energy Finance published in 2016 projected that electric vehicles (EV) will cover 35% of global new car sales by 2040. The accelerated adoption rate would be […]
Award-winning Financing Solution for First Waste-to-Energy Facility
The collaboration between Bee’ah, pioneering waste management company, and Masdar, the Abu Dhabi Future Energy Company, to establish the first waste-to-energy facility in the Middle East is groundbreaking, not only from the projected waste reduction, but also through the innovative financing solution secured. The First of its Kind Waste-to-energy is a form of energy recovery, […]
From Lending to Investing
Taking a look at the first green loan in the Middle East region with an Islamic format that links pricing to environmental performance. The first green loan in the Middle East region with an Islamic format that links pricing to environmental performance was established in October 2018. Led by Standard Chartered, the green loan consists […]
Leading Green Financing Mindset
ACWA Power combines securing smart green investment with projects which deliver effective sources of renewable energy. ACWA Power, a leading developer, investor, co-owner and operator of power and desalinated water production plants, was recognised, for the second year in a row, as the Renewables Company of the Year, at the MEED Awards 2018, due to […]
Green Funding for Reshaping the Energy Sector
The Dubai Green Fund , with the goal of transforming Dubai with the least carbon footprint, has already raised AED 2.4 billion through an agreement with National Bonds. In 2015, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched Dubai Clean Energy Strategy 2050, […]
EGA Champions the Environment – MD & CEO HE Abdulla Kalban
How does Emirates Global Aluminium define sustainable development? The principles of sustainability are embedded in everything we do at EGA. We are a strong supporter of the UAE Vision to ‘ensure sustainable development while preserving the environment, and to achieve a perfect balance between economic and social development’. Sustainable development has been defined by the […]
Fuelling Sustainability with HE Saif Al Falasi
1. How are you incorporating sustainability, in particular energy savings and alternative energy sources, into your corporate strategy? ENOC’s operational excellence across the length and breadth of its businesses is well-known in the market, and so is our intensive work in Energy & Resource Management (E&RM). We work closely with the Dubai Supreme Council of […]
An Enduring Vision for Sustainability
“We shall continue to work to protect our environment and our wildlife, as did our forefathers before us. It is a duty, and, if we fail, our children, rightly, will reproach us for squandering an essential part of their inheritance, and of our heritage”. Sheikh Zayed infused in the UAE a spirit of responsibility, camaraderie […]
