21.08.2024
Artikel Nummer: 50442
Etihad Rail prepares for green investments
The developer and operator of the UAE’s national rail network has launched a sustainable finance framework to support the emirates’ net zero 2050 strategy.
The plan establishes a structured approach for Etihad Rail to evaluate parameters for the financing of sustainable projects concerning transport and infrastructure. It also contains mechanisms for environmental risk assessments and the promotion of transparency in implementing ESG initiatives.
The new framework guides investment decisions and fosters collaboration and knowledge-sharing among industry peers, regulators, and investors, thereby accelerating the transition to a more sustainable financial system, Etihad Rail said. (ben)