Press releases

• The GGF again successfully delivered environmental impact through energy savings and CO2 emissions reduction

• Deep Greening initiative marks major milestone with first green bond transaction in Turkey

The bank has received USD 40 million from the Green for Growth Fund and USD 35 million from SANAD to support sustainable economic growth across the country.

Fund publishes impact report for 2020 detailing green recovery strategy in action to stabilise markets during crisis. Annual energy savings of the fund equivalent to supplying over 403,000 Egyptian households.

36MW windfarm in North Macedonia reaches financial close. The project is estimated to generate enough electricity to supply over 20,000 households.

Investment expected to cut CO2 emissions by 5,000 tons annually. Primary energy savings projected to amount to 19,000 MWh each year.

Judges select from over 120 entries from PRI signatories in 25 countries around the world. Award recognizes best practices in innovation and impact through responsible investing.