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Al Rajhi Bank Established: 1953 Headquarters: Saudi Arabia CEO and Managing Director: Waleed Abdullah Al-Mogbel In April 2023, Al Rajhi Bank closed its first USD sustainable sukuk of $1 billion for a five-year period. In 2022, the bank concluded a $1.2 billion Shariah-compliant syndication in the Middle East that complies with globally accepted ESG practices. In 2022, it started using solar energy systems in 44 branches and dedicated $800 million to financing renewable energy projects. Tuder Real Estate, the bank’s real estate arm, also launched an energy efficiency program, which included solar panel installation and AC upgrades.

Saudi National Bank (SNB) Established: 1953 Headquarters: Saudi Arabia Acting CEO: Talal Ahmed Al Khereiji SNB has established a sustainable finance framework in 2021 in line with Saudi’s Vision 2030. As of January 2023, SNB has allocated three green and sustainability issuances for up to $838 million and financed a 400 MGW wind farm in Saudi Arabia. This farm is expected to displace 501,983 tonnes of CO₂ emissions per year and power 12,646 homes. The majority of SNB’s green impact financing goes towards solar PV renewable energy systems, with its current solar investments seeking to prevent 189,128 tonnes of CO₂…

Saudi National Bank (SNB) Established: 1953 Headquarters: Saudi Arabia Acting CEO: Talal Ahmed Al Khereiji SNB has established a sustainable finance framework in 2021 in line with Saudi’s Vision 2030. As of January 2023, SNB has allocated three green and sustainability issuances for up to $838 million and financed a 400 MGW wind farm in Saudi Arabia. This farm is expected to displace 501,983 tonnes of CO₂ emissions per year and power 12,646 homes. The majority of SNB’s green impact financing goes towards solar PV renewable energy systems, with its current solar investments seeking to prevent 189,128 tonnes of CO₂…

Faleh Bin Nasser Al Thani Country: Qatar Designation: Minister of Environment and Climate Change Al Thani was appointed Minister of Environment and Climate Change in October 2021, with a mandate to implement Qatar’s national plan for climate change. In July 2023, the ministry signed an agreement with the Mitsubishi Research Institute for a consultancy project for Qatar’s carbon credit plan, with an aim to reduce greenhouse gas emissions by 25% by 2030. In April 2023, it launched the “Environmental Pioneers” initiative, which aims to involve society in facing the challenges of climate change and to preserve Qatar’s environment and biodiversity

Thani bin Ahmed Al Zeyoudi Country: U.A.E. Designation: Minister of State for Foreign Trade Al Zeyoudi was appointed to his current role in July 2020, in which he emphasizes the centrality of trade in climate change mitigation and aims to increase supply chains’ efficiency and accelerate the country’s energy transition to clean fuels. Before this role, he was the Minister of Climate Change and Environment from 2016. He also previously worked with the Abu Dhabi Future Energy Company (Masdar) on the development of renewable energy technologies and solutions.

Mohamed Bin Mubarak Bin Daina Country: Bahrain Designation: Minister of Oil and Environment and Special Envoy for Climate Affairs Bin Daina cooperates with international entities on preventive and supportive projects to protect the environment in line with Bahrain’s sustainable development goals and encourages investments in oil and environmental projects, with a focus on Bahrain’s natural habitat, human environment, and the conservation and development of its resources for the future. Bin Daina is also the CEO of Bahrain’s Supreme Council for Environment.

Abdullah Al Amri Country: Oman Designation: Chairman of the Environment Authority The Environment Authority was established in 2020 to develop plans and programs to protect the environment and preserve its natural resources. It will launch the “Oman Conference for Environmental Sustainability; Decarbonization” conference in February 2024, which aims to promote the adoption of low-carbon technologies, strategies, and policies to achieve decarbonization. The authority has environmental campaigns, including clean sea, sea turtle returns, and Qurum culture.

Yasmine Fouad Country: Egypt Designation: Minister of Environment Fouad has more than 20 years of experience working in government, UN organizations, NGOs, and universities. She was the Ministerial Coordinator and Envoy for COP27, which was held in Egypt in 2022. In September 2023, Egypt inaugurated the first edition of the Climate and Environmental Investment Forum, providing an overview of Egypt’s investment ecosystem, green economy opportunities, climate resilience, and the 2050 National Climate Strategy.

Mariam Almheiri Country: U.A.E. Designation: Minister of Climate Change and Environment During her previous position as Minister of State for Food Security, Almheiri oversaw food security infrastructure planning and development in line with the U.A.E. Centennial 2071. She inaugurated the first National Dialogue for Food Security in 2023 as a platform to discuss food security in the U.A.E. In September 2023, she virtually joined Climate Future Week, which discussed the importance of COP28 in advancing climate action through collaboration between governments, industries, and communities.

Razan Al Mubarak Country: U.A.E. Designation: Managing Director of the Environment Agency – Abu Dhabi (EAD) Al Mubarak was appointed as the UN Climate Change High-Level Champion for the COP28 Presidency in January 2023. She is also the president of the International Union for Conservation of Nature and the founding Managing Director of the Mohamed Bin Zayed Species Conservation Fund. In her role with EAD, she oversaw the founding and execution of the Abu Dhabi Global Environmental Data Initiative, formed and managed protected areas across 15% of Abu Dhabi’s terrestrial and marine territory, and established the first environment-focused court. She…