FAB to Provide Over AED500 Billion in Green Finance by 2030, Increasing Sustainable Commitment by 80%

First Abu Dhabi Bank (FAB) Bahrain Iran Iraq Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria Yemen Algeria Egypt Libya Morocco Sudan Tunisia Western Sahara United States of America Canada France Germany Spain United Kingdom United Arab Emirates

FAB expands its target to include transition financing and early stage innovationGroup has facilitated over AED100 billion (USD27 billion) in financing renewable energy, wastewater, green buildings and other areas since 2021Commitment represents more than half of the combined AED1 trillion (USD270 billion) sustainable finance pledge made by UAE banks at COP28FAB promises new target will be a floor, not a ceilingView original content:https://www.prnewswire.co.uk/news-releases/fab-to-provide-over-aed500-billion-usd135-billion-in-green-finance-by-2030-increasing-sustainable-commitment-by-80-302006308.html