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QNB and GORD sign MoU to advance sustainable finance solutions

<p>Doha, Qatar: QNB Group, a leading financial institution in the Middle East and Africa, and the Gulf Organisation for Research & Development (GORD) have signed a Memorandum of Understanding (MoU) to explore and jointly develop sustainable finance solutions for qualifying corporate projects in Qatar.</p> <p>The collaboration will combine QNB’s corporate banking and financing capabil ities with…

QNB and GORD sign MoU to advance sustainable finance solutions

Doha, Qatar - QNB Group and the Gulf Organisation for Research & Development (GORD) have formed a partnership to create sustainable finance solutions for corporate projects in Qatar. The Memorandum of Understanding (MoU) will combine QNB's banking and financing capabilities with GORD's expertise in the Global Sustainability Assessment System (GSAS) and related services.

The collaboration aims to develop initiatives such as GSAS-linked green financing products, incentive structures, and advisory solutions. These efforts will support qualifying projects with measurable sustainability outcomes. Senior Executive Vice President of QNB Group, Khalid Ahmed Al-Sada, emphasized the collaboration's goal of providing financial capabilities and understanding of clients' needs to advance credible sustainability objectives.

GORD's Founding Chairman, Dr. Yousef Alhorr, highlighted the MoU's alignment with Qatar National Vision 2030 and QNB Group's Net Zero 2050 Commitment. The partnership seeks to translate environmental commitments into practical investment decisions and accelerate sustainable investment in Qatar's key sectors.

Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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