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Sustainable finance in MENA has moved from ambition to regulation, with Qatar, the UAE, and Saudi Arabia requiring banks to embed climate risk in strategy, governance, and ICAAP, and to publish data-driven sustainability reports aligned with global and local standards. At Clymflex, we see early adopters turning compliance into market leadership in the region's rapidly growing sustainable finance arena.

The EU Green Taxonomy is a classification system established under Regulation (EU) 2020/852 to define which economic activities can be considered environmentally sustainable. It forms a cornerstone of the EU Green Deal and the Sustainable Finance Disclosure Regulation (SFDR), aiming to redirect capital flows toward greener activities. You may find the detailed info in our blog post regarding the taxanomy.