SUSTAINABILITY & CLIMATE CHANGE
Greener Pastures for Green Finance in the MENA Region
Out of the 12 MENA green and sustainability-linked debts issuances, four deals from Saudi Arabia account for almost 63% of the region’s total volume, with the UAE holding the remaining 37%.
Green finance is growing rapidly in the MENA region. In H1 2021, green and sustainability-linked debt issuance reached approximately $6.4 billion, while MENA issuances rose to 38 percent on full-year 2020 totals in comparison to a 12 percent global increase, according to Bloomberg’s H1 league tables. Read more
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