A $20 million, three-year Blue Bond was successfully issued by First Abu Dhabi Bank (FAB). This comes soon after FAB’s first Blue Bond was issued in August 2025, demonstrating the strong momentum behind the agency’s dedication to funding ocean and water-related initiatives that promote environmental sustainability and climate resilience.
Designed to encourage investment in projects that attempt to preserve marine resources, safeguard coastlines, and improve blue carbon ecosystems, blue bonds are still a relatively new and significant tool on a worldwide scale.
Net proceeds will only be used to support historic water and marine projects that are in line with the ICMA Green Bond Principles and FAB’s Sustainable Finance Framework 2023. These projects include wastewater treatment facilities that can now treat 430,000 cubic meters of water per day, allowing water to be recycled for irrigation in Abu Dhabi and Al Ain, and a recently funded desalination facility that can produce 37 million liters per day using renewable energy sources (410,000 MWh annually) and 700 MWh of battery storage. To ensure environmental and social impact, every project is subject to a thorough ESG risk assessment and continuous monitoring.
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