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الاتحاد
Emirates Dubai National launches first transitional financing framework
National Bank of Dubai announced the launch of the UAE's first dedicated framework for transitional financing, aimed at supporting businesses and institutions in shifting towards more sustainable models and reducing carbon emissions. The framework focuses on identifying and assessing activities that contribute to removing carbon from high-emission sectors, including manufacturing, mining, energy, transportation, agriculture, and information technology. It aims to mobilize $30 billion USD by 2030 and enable clients to access clear and transparent financing solutions that support energy efficiency and clean technologies, thereby strengthening national efforts to achieve sustainable economic transformation and meet climate objectives.
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