FAB brings together aviation thought leaders in Abu Dhabi Summit

FAB brings together aviation thought leaders in Abu Dhabi Summit

- ‘First Abu Dhabi Bank (FAB) Aviation Sector Summit’ will explore the current ambitions, trends, and economic opportunities of the aviation industry on the path to net-zero 2050.

- Summit is being held in collaboration with Boston Consulting Group (BCG).

Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions will bring together aviation thought leaders and industry stakeholders for a one-day summit which seeks to explore economic development opportunities as the sector transitions to net-zero.

The Summit closely follows FAB’s announcement that it would become the first bank in the MENA region to set financed emissions reduction targets across oil and gas, power generation, and aviation. FAB’s target for aviation is a 15% reduction in financed intensity by 2030 based on the bank’s 2019 baseline.

FAB believes that the Summit will hone in on solutions to ensure the global aviation sector can achieve its net-zero ambition.

Held in collaboration with Boston Consulting Group (BCG), the Aviation Sector Summit will comprise of a series of talks, panel discussions, and presentations. The agenda has topics that will focus on overcoming challenges related to decarbonisation as well as how to unlock the economic and development opportunities