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Second-Party Opinion Download

Project Details

Project

CBD Sustainable Finance Framework Impact Report (2024)

Client

Commercial Bank of Dubai

Project Type

Impact Reports

Industry Group

Banks

Use of Proceeds

Renewable energy; Green buildings; Clean transport;

Location

United Arab Emirates (UAE)

Evaluation Date

May 2024

Evaluation Summary

Sustainalytics has calculated the estimated impact achieved by Commercial Bank of Dubai’s Eligible Green Loan portfolio (“EGL”). As at 29 February 2024, the bank’s EGL was AED 2,511 million in the categories of Renewable Energy, Clean Transportation and Green Buildings. The projects are located across the United Arab Emirates. Due to data limitations for a subset of the bank’s retail banking Green Buildings portfolio, the scope of this report covers AED 2,272 million. For a representative year during the lifetime of the projects, Sustainalytics has calculated 101,778 tonnes of avoided GHG emissions in CO2e.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/cbd-sustainable-finance-impact-report-(2024).pdf?sfvrsn=d58ff986_1