DIB Strengthens Climate Finance with New Sustainable Finance Education Series
DUBAI — Dubai Islamic Bank has launched a new sector‑focused platform designed to help priority industries accelerate their transition toward a more sustainable and resilient economy.
The inaugural edition of the Unlocking Sustainable Finance series brought together more than 80 senior stakeholders from across the built environment — including policymakers, developers, contractors, architects, engineers, and supply chain leaders — to address how sustainable finance can unlock more efficient assets, lower‑carbon buildings, and resilient infrastructure.
The event, hosted by DIB, the UAE’s largest Islamic bank by assets, marked the first in a series that will expand across other priority sectors facing complex transition challenges.
Dr Adnan Chilwan, Group Chief Executive Officer of DIB, delivered the keynote address, emphasising that “sustainable finance cannot remain a label or a standalone product. It must become a discipline that connects capital with measurable impact.”
Concrete Commitments
Two formal agreements were signed during the event:
- Azizi Developments: A LEED‑pre‑certified project facility to support development aligned with recognised green building standards.
- Imtiaz Developments: A Green Concierge MoU creating a framework for collaboration across the client transition journey, from sustainability road map development to financing readiness and reporting.
- Broader Sustainability Targets
DIB has committed to increasing sustainable assets to 15 percent of its total gross financing and investing book by 2030, with approximately half of that target already achieved. By the end of 2025, the bank had deployed nearly Dh20 billion in sustainable financing, invested around Dh9 billion in ESG sukuk, and facilitated close to Dh30 billion in sustainable debt capital market transactions.
These activities have helped avoid more than 155,000 metric tonnes of CO₂ emissions, supported over 13,000 electric vehicles, delivered nearly 96,000 MWh in energy savings, and contributed to more than 1,500 affordable and social housing units.
The forum featured expert presentations from the Department of Energy, Knight Frank, and Arada, along with collaborative workshops focused on enhancing finance readiness and advancing circularity in the real estate sector. An industry collaboration pact was also launched to maintain engagement through a specialised roundtable series aimed at accelerating practical, market‑driven solutions for sustainable real estate finance.
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