Browsing: low-carbon economy

The Environment Agency – Abu Dhabi (EAD) has launched a measurement, reporting, and verification (MRV) programme to streamline the monitoring of greenhouse gas (GHG) emissions in the emirate, aligning with global climate standards.

Emirates Global Aluminium (EGA) has announced its Green Finance Framework today, aimed at supporting projects and initiatives that promote the transition to a low-carbon economy. Additionally, EGA disclosed that it funded its recent acquisition of European speciality foundry Leichtmetall using its inaugural green loan facility.

Emirates Islamic, a leading Islamic financial institution in the UAE, has announced the successful pricing of its first-ever sustainability sukuk, amounting to $750M.