CIB Leads MENA Climate Week Discussion In Riyadh
First Bank
CIB hosted a panel titled "Transition Finance and the Role of Banks Towards Just Transition in MEA" during MENA Climate Week in Riyadh, Saudi Arabia.
The Bank's Chief Sustainability Officer, Dr. Dalia Abdel Kader, shared, "The journey to mainstreaming transition finance requires multi-stakeholder input and collaboration from financial institutions, regulators, private sector, academia, science and technology sectors, and change makers.
CIB is working through an ecosystem-based model. We know the transformation is complex and not for a single bank to undertake, and there is a need to create and mobilize the whole ecosystem and energize all stakeholders."
