First Abu Dhabi Bank (FAB) announced on May 22 that it has mobilised AED 381 billion in sustainable and transition finance between 2022 and 2025, according to its newly published Sustainable Finance Impact Report 2025.
The report outlines FAB’s progress towards its target of AED 500 billion in sustainable finance by the year 2030. This effort is significant as it supports projects aimed at promoting sustainable development, transition finance, and measurable real-economy impact both in the United Arab Emirates and internationally.
FAB facilitated this capital through a total of 280 transactions across 41 countries. The bank estimates that its financing supported green and transition projects such as renewable energy, nuclear power, waste-to-energy facilities, green buildings, railway development, and electric vehicle manufacturing. In the UAE alone, FAB’s activities have supported an estimated over 120,500 jobs across financed projects since the beginning of 2022.
The report also highlights FAB’s role in advancing clean mobility by financing more than thirty thousand electric vehicles—representing over fifty-seven percent of all electric vehicles on UAE roads in 2025. This initiative supports efforts to reduce tailpipe emissions and improve air quality while encouraging a large-scale shift to clean transportation options.
FAB said it remains committed to supporting national priorities including the UAE Net Zero by 2050 strategy and economic diversification goals under ‘We the UAE’ Vision 2031. Since early-2022, FAB has allocated AED152.2 billion specifically toward initiatives that support these objectives.
