MANAMA, BAHRAIN: Sustainability Forum Middle East introduced Infracorp as “Lead Partner – Sustainable Infrastructure” for its upcoming inaugural version specializing in “Business Transition to Net-Zero – the Path Towards a Successful Low-Carbon Future”.
The partnership was launched at a signing ceremony at Infracorp’s headquarters at Bahrain Harbour between Infracorp CEO and Board Member, Mr. Majed Al Khan, and Ms. Zahraa Taher, Managing Director of FinMark Communications, the Forum’s founder and organiser.
Taking place within the Kingdom of Bahrain on 12 January 2023, the Forum is set to collect greater than 300 regional private and non-private sector leaders and worldwide sustainability experts to debate the MENA region’s decarbonisation efforts and methods to drive and support local weather action.
Infracorp, a sustainable infrastructure and development platform, was launched to assist speed up growth and funding into sustainable infrastructure assets and environments throughout the MENA area and globally with US$1.1 billion in fairness and greater than US$5 billion of assets under management.
As a partner and participant within the Forum, which goals to assist companies higher perceive and embark upon their very personal net-zero journeys, Infracorp will share its imaginative and prescient for a extra sustainable future and the greener ecosystems it’s constructing throughout actual property and infrastructure.
It will additionally share insights on sustainable financing. In March 2022, Infracorp efficiently issued a US$900 million Sukuk listed on the London Stock Exchange, the first-ever inexperienced sukuk issued by a Bahraini entity.
Financing will be a key focus of the Forum with the numerous capital required by companies and governments to fund the transition amongst different important topics that will be covered through a series of keynote addresses, panel sessions and workshops.
Experts will present a roundup of outcomes from the recently concluded COP27 in Egypt and look forward to the second consecutive COP to be held within the area with COP 28 set to happen within the UAE in 2023.
On the agenda will even be discussions throughout the urgency and path towards a low-carbon future, the net-zero ambitions of the MENA area and governments and the place we’re today, the integration of renewables, innovation in enterprise models, and the evolution of local weather regulation, amongst others.
Commenting, Majed Al Khan, Chief Executive Officer and Board Member at Infracorp, said, “With sustainability on the coronary heart of our mission, Infracorp is playing an active role in supporting the Kingdom of Bahrain’s efforts to obtain net-zero by 2060 and that of different regional governments through our investments within the creation of sustainable ecosystems and in companies and applied sciences that support local weather change goals.
We are very happy to again this important Forum specializing in methods in which companies throughout all sectors can and should contribute to decarbonisation and a greener extra sustainable future. We look forward to sharing Infracorp’s personal plans and experiences and engaging with our counterparts to encourage and speed up motion and change.”
Ms. Laila Danesh, Managing Director at FinMark Communications, added, “We’re delighted to welcome Infracorp as a Lead Partner. Their dedication to contributing to the region’s net-zero ambitions makes them an important addition to the programme. We look forward to their participation and the expertise they’ve to share on the critical want to develop extra sustainable environments in addition to the inexperienced financing practices and instruments available for funding them and the broader transition at large.”
Among the event’s different supporters are Strategic Partner – Bahrain Economic Development Board, Lead Partner – Standard Chartered, Energy Partner – nogaholding, Knowledge Partner – National Bank of Bahrain, ESG Partner – Gulf International Bank, and Forum Partner, Alba.