Green finance initiatives launched by TAQA ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Green finance initiatives launched by TAQA
Abu Dhabi National Energy Company (TAQA) has launched a new green finance framework for the issuance of green bonds, sukuks, loans, and other key debt instruments. Proceeds from these new offers will go to eligible green projects including renewable energy, energy efficiency, sustainable water and wastewater management, clean transportation, and terrestrial and aquatic biodiversity. Projects that are being financed under the Framework will contribute to TAQA’s 2030 ESG targets, as well as its long-term Net Zero goal. TAQA’s Green Finance Framework is aligned with the global best practices set out under the four core components of the Green Bond Principles 2021 published by the International

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