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Asharq Al-Awsat
Asharq Al-Awsat
Business
Abu Dhabi - Asharq Al-Awsat

Total Issuance of Green Bonds, Sukuk by Arab Countries Hits 5.5 Bln in 2022

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The Arab Monetary Fund announced that green bond and sukuk issuance by Arab countries related to sustainable activities, whether publicly or privately offered, amounted to approximately $5.5 billion in 2022.

The Fund said it pays close attention to the priority issues of financial sector development, particularly with regard to the consequences of climate change and green and sustainable financing, with the aim of contributing to support efforts to implement comprehensive and sustainable development and financial stability in the Arab countries.

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