80% of Mastercard cards in the UAE to be sustainable by 2025 as part of a world-first Sustainable Cards Pledge

In a world first, Mastercard unites UAE banks to commit to an accelerated deadline for sustainable cards

Dubai, UAE; 12 December 2023: Thanks to commitments from the UAE’s banks, 80% of Mastercard cards in the market issued from 2025 will be sustainable. This is the outcome of Mastercard’s UAE Sustainable Cards Pledge, an initiative that mobilizes the country’s banks to switch to cards made from sustainable materials by 2025.

This makes the UAE the first country in the world to do so three years ahead of the Mastercard’s global target of 2028. The pledge has witnessed a strong uptake, with more than ten banks and financial institutions having signed up to date.

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