FAB says AED381 billion mobilised in sustainable and transition finance

FAB says AED381 billion mobilised in sustainable and transition finance

First Abu Dhabi Bank has published its Sustainable Finance Impact Report 2025, setting out the scale of its sustainable and transition finance activity across the UAE and international markets. The bank said it facilitated AED381 billion in sustainable and transition finance between 2022 and 2025.

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It said the total equals 76 percent of its AED500 billion 2030 target and was delivered through 280 transactions across 41 countries. FAB said the financing supported green and transition projects in renewable and clean energy, including nuclear power, as well as waste-to-energy facilities, green buildings, railway development and electric vehicle manufacturing.

The report said these activities reinforced economic activity and employment across the bank's key markets. In the UAE, FAB said its sustainable finance activities have supported over 120,500 jobs across financed projects since 2022 to date.

The report also said the bank has allocated AED152.2 billion since 2022 to initiatives supporting sustainable development and sectoral decarbonisation, in line with UAE Vision 2031 and the UAE's Nationally Determined Contributions. FAB said it has financed over 30,000 electric vehicles, which it described as over 57 percent of all EVs on UAE roads in 2025.

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#FAB #SustainableFinance #TransitionFinance #UAEVision2031 #NationallyDeterminedContributions

Image Credit: 360LiveNews

Source: UAE WAM News

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Breaking-360LiveNews Breaking-360LiveNews | 22 May 2026 10:30 LONDON
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