JBIC has recently signed a $3 billion green finance agreement with Abu Dhabi National Oil Company (ADNOC) to support its decarbonization and energy transition initiatives. The deal, signed in Tokyo, underscores the long-standing partnership between the UAE and Japan and marks a significant milestone in ADNOC’s strategic energy relationship. ADNOC aims to reduce its carbon intensity by 25% by 2030 and achieve net zero by 2045, with plans to invest $23 billion in decarbonization efforts. This partnership aligns with ADNOC’s ambitious growth strategy and commitment to a sustainable global energy transition.

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