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United Nations Department of Economic and Social Affairs Sustainable Development

Sustainable Finance in the Middle East

    Description
    Description
    Arab African international bank aims at embracing sustainability as part of its brand and business operations; and promoting the concept of Sustainable Finance, highlighting the benefits.
    Implementation of the Project/Activity

    1-Develop and comprehensive model for Sustainable finance practice.
    2-Educate Financial Institutions about “Sustainable Finance” .
    3-Create and Establish networks and partnerships to enhance the main goal.
    4-Exchange best practices and successful role models.
    5-Establish “Forum” for creating awareness and enhancement of Sustainable Finance.

    This target is supported by the entire AAIB offices located in the region; Egypt, UAE, Jordan and Lebanon.

    Partners
    Arab African International Bank, CSR Regional Networks and any other institutions willing to contribute. We Owe It to Egypt's Foundation.

    Goal 7

    Ensure access to affordable, reliable, sustainable and modern energy for all

    Goal 7

    7.1

    By 2030, ensure universal access to affordable, reliable and modern energy services

    7.1.1

    Proportion of population with access to electricity

    7.1.2

    Proportion of population with primary reliance on clean fuels and technology

    7.2

    By 2030, increase substantially the share of renewable energy in the global energy mix
    7.2.1

    Renewable energy share in the total final energy consumption

    7.3

    By 2030, double the global rate of improvement in energy efficiency
    7.3.1

    Energy intensity measured in terms of primary energy and GDP

    7.a

    By 2030, enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology
    7.a.1

    International financial flows to developing countries in support of clean energy research and development and renewable energy production, including in hybrid systems

    7.b

    By 2030, expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries, in particular least developed countries, small island developing States, and land-locked developing countries, in accordance with their respective programmes of support

    7.b.1

    Installed renewable energy-generating capacity in developing and developed countries (in watts per capita)

    To promote the concept of Sustainable Finance among Financial Institutions in MENA Region.
    N/A
    No progress reports have been submitted. Please sign in and click here to submit one.
    False
    Action Network
    Sustainable Energy for All (SE4All)
    This initiative does not yet fulfil the SMART criteria.
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    Timeline
    01 January 1970 (start date)
    01 January 2022 (date of completion)
    Entity
    N/A
    SDGs
    Geographical coverage
    Egypt
    More information
    Countries
    N/A
    Contact Information