On the sidelines of COP27 in Sharm El-Sheikh QNB Group and GORD meet to explore cooperation in Green and Sustainable Transformation

Posted on : Fri, 18 Nov 2022

QNB Group representatives at COP27 met with representatives of the Gulf Organisation for Research and Development at GORD’s Pavilion in COP27 Green zone which is the platform for accommodating investors, civil society, governments and others.

During the meeting, they discussed potential opportunities and aspects of cooperation in green and sustainable transformation by leveraging on the strategic partnership between GORD and QNB Group.

The meeting was attended by Mr. Mohamed Bedeir  , CEO of QNB Alahli, Mr. Tarek Fayed, Assistant CEO, Mr. Ihab RAAFAT, Chief Operating Officer, and Dr. Yousef Alhorr, Founding Chairman of the Gulf Organisation for Research and Development (GORD).  

It is worth mentioning that GORD, headquartered in Qatar, is a non-profit organization spearheading transformation towards a low-carbon and sustainable future.

QNB Group, the largest financial institution in the Middle East and Africa, is collaborating with GORD to promote sustainable building practices using the Global Sustainability Assessment System (GSAS). As part of this collaboration, QNB is offering green mortgage promotions to real estate projects seeking green building certification under the GSAS framework. QNB Group is the first of its kind in the region to contribute to the implementation of GSAS standards as part of its efforts to achieve sustainable development, and its dedication to its customers to always provide innovative solutions through its products and services.  

This agreement reinforces QNB Group's efforts in mitigating the effects of climate change through its unique products and services that encourage changing consumer behavior towards a more sustainable practice