In celebration of 2023 as the Year of Sustainability in the UAE, companies across the nation are innovating ways to contribute to the fight against global warming. As the focus on sustainability intensifies in the lead-up to COP28 in Dubai, UAE residents can now participate by planting a tree simply by opening a bank account with a local bank.
Dubai Islamic Bank (DIB), a leading Shariah-compliant lender, has announced its commitment to plant one tree for every new customer who opens a bank account, with a specific tree dedicated to each customer. This initiative aims to support community projects, especially those related to environmental conservation.
As part of this campaign, Rove Hotels, based in Dubai, has also pledged to plant a minimum of 28,000 trees by the end of this year. They plan to plant one tree for every room booked during COP28, which is set to take place from November 30 to December 12, 2023. This global conference on climate change will be held at Expo City 2020 and is expected to host over 70,000 delegates, including heads of state, world leaders, representatives from 198 countries, the European Union, numerous non-governmental organizations, businesses, youth groups, and other stakeholders.
Dr. Adnan Chilwan, the group CEO at DIB, expressed the significance of the “One Tree for Everyone” initiative, emphasizing their commitment to sustainability and climate change. This initiative will be conducted in partnership with two non-governmental organizations, Emirates Environmental Group and The Storey Group, encompassing various types of trees, including those on land and within mangrove forests.
By fostering environmental consciousness and actively engaging the community, these initiatives contribute to the broader efforts to combat climate change and promote sustainability in the UAE.