"Abu Dhabi I" It exports blue bonds worth $ 390 million

Abu Dhabi, August 28 / WAM / Abu Dhabi Bank I announced today, the completion of the issuance of blue bonds worth 390 million dollars Hong Kongy “$ 50 million” for a period of five years, thus becoming the first version of blue bonds issued by a financial institution in the Arab Gulf countries.
This version constitutes a prominent step that establishes the bank’s position in the field of sustainable financing, in line with the UAE’s commitment to protecting biological water resources and supporting the blue economy.
This version is compatible with the first framework of Abu Dhabi Bank for Sustainable Finance for the year 2023 and the principles of green bonds issued by the International Capital Markets Association.
This version contributes to supporting the Emirates Water Agenda 2036, which aims to enhance innovation and develop a sustainable infrastructure to protect marine environmental systems, as well as in line with the environmental goals of the state in its broader scope, at a time when Abu Dhabi is preparing to host the International Federation for the Protection of Nature in October 2025, and the UAE hosting the United Nations Water Conference in December 2026.
Blue bonds are a growing category of sustainable financing tools, designed to support environmental water goals.
Financial institutions play a pivotal role in directing financing towards protecting marine environmental systems and sustainable water resources, which have historically suffered a lack of investments despite their global importance.
Abu Dhabi Bank took clear steps to accelerate positive environmental work, by integrating environmental considerations in the bank’s agenda, and directing investments in a manner that achieves a tangible impact, and through this version, the bank provides capital flows towards projects that protect and rehabilitate ocean health, in a way that enhances long -term environmental and economic flexibility.
The qualified projects within the Blue Assets portfolio of the bank include the sustainable water management, such as the infrastructure to provide clean drinking water, the adaptation projects with climate change, such as the protection and rehabilitation of wetlands, Crimea trees and coral reefs, sustainable management of fish fisheries and aquatic biology, and protecting land and marine biological diversity.
It is noteworthy that the first Abu Dhabi Bank had the support of Credit Agricole Corport and Innoyette in its capacity as the exclusive director of this version.
Commenting on this, Shergel Bashir, head of sustainability at the first Abu Dhabi Bank, said that the issuance of these blue bonds represents a milestone in the bank’s march and the first achievement of its kind for any financial institution in the Arabian Gulf, and embodies our conviction that the role of banks is not limited to financing the future, but also includes the effective contribution to its formation through the tools available to us, where the first Abu Dhabi Bank establishes a new precedent in the field of sustainable financing In the region by directing capital to protect biological water resources and marine ecosystems.
For his part, Tangi Klawan, the global president of sustainability at Credit Agricole Corport and Investment, said this issue is a clear indication of the increasing focus of the region on the alignment of financial innovation with global environmental priorities, and the first Abu Dhabi Bank continues to establish ambitious standards in the field of sustainability in the Middle East region, while this version reflects the increasing interest of global asset managers in directing capital towards prospects New in sustainable financing, such as the blue economy, nature and biological diversity.
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