First Abu Dhabi Bank (FAB), the UAEās global bank and one of the worldās largest financial institutions, facilitated AED381 billion ($103.74 billion) in sustainable and transition finance between 2022 and 2025, said a report.
FAB on Friday published its Sustainable Finance Impact Report 2025, highlighting the bankās progress in mobilising capital to support sustainable development, transition finance and measurable real-economy impact across the UAE and international markets.
It said the banks has reached 76% of its AED500 billion 2030 target through 280 transactions across 41 countries.
The bank estimates that its financing of green and transition projects, across renewable and clean energy (nuclear power), waste to energy facilities, green buildings, railway development, and electric vehicle manufacturing, has reinforced economic activity and employment across the bankās key markets. In the UAE, FABās sustainable finance activities have supported an estimate of over 120,500 jobs across financed projects since 2022 to date.
The report highlights FABās role in advancing the global energy transition, sustainable capital markets, clean mobility, water security and social finance, while supporting national priorities including the UAE Net Zero 2050 strategy, Nationally Determined Contributions (NDC) 3.0 and āWe the UAE 2031ā vision. FABās commitment to the UAE economy remains steadfast. Since 2022, FAB has allocated AED152.2 billion to initiatives supporting sustainable development, contributing to economic diversification in line with UAE Vision 2031, and advancing sectoral decarbonisation in support of the UAEās Nationally Determined Contributions.
The report also highlights FAB has financed over 30,000 electric vehicles, which is equivalent to over 57% of all EVs on UAE roads in 2025, supporting accelerated decarbonisation of urban transport across UAE cities, reducing tailpipe emissions, improving air quality, and supporting the largeāscale transition to clean mobility.
The Sustainable Finance Impact Report 2025 reinforces FABās commitment to deploying capital in support of climate action, economic resilience and inclusive growth, while continuing to align its sustainable finance strategy with national priorities and the evolving needs of clients across its markets. -TradeArabia News Service
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