🌍 Advancing Islamic Finance for Global Climate Action | COP31 The Development Bank of Ethiopia (DBE) is proud to announce its participation as a Founding Affiliate Member of the Global Islamic Climate Finance Alliance (GICFA), officially launched today on the sidelines of COP31 in Antalya, Türkiye, alongside the National Bank of Ethiopia. The establishment of GICFA marks an important milestone in collective efforts to unlock the potential of Islamic finance for climate action. The Alliance aims to bring together financial institutions, development partners, and other stakeholders to mobilise capital, foster innovative financing solutions, and accelerate investments in climate resilience and sustainable development. For DBE, this milestone reinforces our commitment to expanding access to innovative and sustainable financing instruments, including Green Sukuk, while strengthening international partnerships to mobilise resources for Ethiopia's climate and development priorities. As we look ahead to COP32 in Addis Ababa in 2027, DBE looks forward to working closely with GICFA and its partners to translate this shared vision into tangible financing opportunities and meaningful climate impact. Together, we are building new pathways to a more resilient, inclusive, and sustainable future. #COP31 #GICFA #DevelopmentBankOfEthiopia #IslamicFinance #ClimateFinance #GreenSukuk #SustainableFinance #COP32 #Ethiopia

https://youtu.be/waGwanhiFro?si=J6pqOV1sZkTResVS