GIB joins as signatory to the Abu Dhabi Sustainable Finance Declaration in its 5th round

GIB joins as signatory to the Abu Dhabi Sustainable Finance Declaration in its 5th round

Manama – Gulf International Bank B.S.C. (GIB) announced its participation in the R.A.C.E Sustainability Summit where it joined the latest signatories of the Abu Dhabi Sustainable Finance Declaration during the first edition of Abu Dhabi Finance Week (ADFW) hosted by Abu Dhabi Global Market (ADGM).

The Abu Dhabi Sustainable Finance Declaration is a voluntary membership-based initiative launched by ADGM in 2019 under the auspices of the Ministry of Climate Change and Environment, the Central Bank of the UAE and the Securities and Commodities Authority. As a member, GIB enhances its support for strengthening the UAE’s sustainability footprint and furthering its own strategy and position as a market leader in sustainable finance.

Representing GIB at the Summit, Khaled Abbas, Group Head of Wholesale Banking and UAE Country Head, joined sustainability leaders and fellow signatories to reflect on key outcomes and agreements of the COP27 Conference concluding in Egypt and looking ahead towards a landmark COP28 to be hosted by the UAE in 2023.

Commenting, Mr. Abbas said, “GIB is delighted to be a signatory to the Abu Dhabi Sustainable Finance Declaration. As part of our commitment to sustainability, we have already made great strides in promoting the use of green financing instruments by the