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Forbes reveals sustainability champions making Middle East a blueprint for green practices

Forbes Middle East has unveiled its second annual list of the region's top sustainability leaders, recognizing individuals whose initiatives and innovations hold the promise of a better future.

The list includes 107 leaders from 12 corporate sectors and 105 companies, with the UAE dominating the rankings with 54 entries. Saudi Arabia follows with 20 entries, while Egypt, Qatar, Bahrain, and Oman come next with 10, 8, 5, and 3 entries, respectively.

The Forbes Middle East Sustainability Leaders 2024 list underscores the increasing financial commitment to sustainability initiatives in the region, highlighting a growing focus on environmentally responsible business practices. The UAE hosted the COP28 Summit last year at Expo City Dubai, drawing thousands of participants. The event achieved a major milestone on its first day, as countries agreed to operationalize the Loss and Damage Fund to address climate-related consequences.

Emirates NBD has been a trailblazer in this space, facilitating over $20.4 billion in green, social, and sustainability-linked transactions since 2021. Additionally, the UAE's Masdar made headlines earlier this year by acquiring a 50% stake in the U.S.-based clean energy company Terra-Gen.

The upcoming Forbes Middle East Sustainability Leaders Summit, scheduled for October 17-18, is attracting global attention, with the UAE poised to host the event. 

Chaired by HE Thani Al-Zeyoudi, the Minister of State for Foreign Trade, the summit is crucial in fostering collaboration between private and public sector entities in the region, promoting the adoption of sustainable practices. Its impact is expected to extend beyond the Middle East, contributing to global sustainability efforts.

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