UAE National Banks’ Pledge to mobilise over AED 1 trillion in Sustainable Finance, reaffirming UAE leadership’s goals: UBF
Abu Dhabi, United Arab Emirates; 05 December 2023:
UAE Banks Federation (UBF), the sole representative and unified voice of banks in the UAE, reaffirmed its commitment to support UAE’s goals by pledging to mobilise over AED 1 trillion, which represents more than US$ 270 billion, in sustainable finance by the year 2030. His Excellency Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation, announced the pledge at an event organised jointly by Central Bank of the UAE with the COP28 Presidency to support and facilitate global climate finance solutions and progress towards a sustainable future.
