HKEX Reaches Carbon Neutrality in 2024, Expands Sustainability Efforts
HKEX achieves carbon neutrality in 2024, advancing sustainability efforts and driving Hong Kong’s net-zero transition.
Governments Adopt First Global Biodiversity Finance Strategy: UNEP
Governments adopt first global biodiversity finance strategy to close $700 billion funding gap and boost conservation investments.
DIFC Hosts Future Sustainability Forum, Leads Global Net-Zero Drive
DIFC’s Future Sustainability Forum 2024 spurs global climate action, fostering green finance and net-zero collaboration.
ADB Issues 1st Biodiversity and Nature Bond of $100M at CBD COP 16
The landmark biodiversity bond will be used to mobilize nature projects in Asia-Pacific, supporting climate action and the UN SDGs.
Dubai’s DIFC to Lead Global Sustainability Push at Future Forum in December
The forum will be held from Dec. 4-5 in Dubai and focus on sustainable finance, innovation, and environmental conservation.
Saudi Arabia’s PIF Earmarks Capital Expenditure of $19.4B for Green Projects
The sovereign fund will park significant investments in renewable energy, green buildings and sustainable water management projects.
UAE’s ESG Sukuk Soars 43% in Q3, Fueling Middle East Green Finance Boom
ESG constitutes around 15.6 percent of the UAE’s overall sukuk issuance as of Q3 2023, up from 12.7 percent in the same period last year.
Morgan Stanley Arm Raises $750M to Eliminate 1 GT of Carbon Emissions by 2050
The fund will focus on sustainable mobility, power, agriculture, and the circular economy while leveraging ESG principles.
Spain’s BBVA, KKR Forge Strategic Partnership on Decarbonization Initiatives
BBVA has committed $200 million to KKR´s Global Climate Strategy, which invests in solutions at scale focused on transitioning to a low-carbon economy.
MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.