TCFD for GCC Financial Institutions: Still the Foundation
What the TCFD recommendations are, how they underpin IFRS S2, and why their four-pillar framework remains the foundation of climate disclosure for GCC financial institutions.
Insights · Page 5
Analysis on UAE and GCC ESG, climate risk, and assurance.
Practitioner perspectives on regulatory developments, methodology questions, and the issues we see most often in client work — written by senior team members actively delivering engagements across the Gulf.
2026
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How to Buy, Claim and Retire Carbon Credits
A practical guide to buying carbon credits: sourcing quality credits, retiring them on a registry, avoiding double-counting, and making credible claims under the VCMI Claims Code.
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IFRS S2 for Banks: Climate Disclosure for the Financial Sector
What IFRS S2 requires of banks, why financed emissions and scenario analysis are the hard parts, and how GCC financial institutions should prepare.
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What Are Carbon Credits? A Complete Guide
What carbon credits are, how one credit equals one tonne of CO₂e, how they are generated, verified and retired, and the difference between voluntary and compliance markets.
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Greenwashing Risk in Sustainable Finance — and How to Avoid It
What greenwashing means in finance, why regulators are cracking down, and how GCC issuers and institutions can keep their green claims credible and defensible.
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Financed Emissions and PCAF: A Bank's Biggest Footprint
What financed emissions are, how the PCAF standard measures them, and why Scope 3 Category 15 is the defining climate challenge for GCC banks.
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ESG Taxonomies: The EU Taxonomy and the GCC's Emerging Ones
What an ESG taxonomy is, how the EU Taxonomy works, and why the UAE, Saudi Arabia and the wider GCC are developing their own to define what counts as green.
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The Equator Principles: ESG Risk in Project Finance
What the Equator Principles are, how they apply the IFC Performance Standards to project finance, and why they connect a GCC bank's lending to environmental and social risk.
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Sustainability-Linked Loans (SLLs): Structuring, KPIs and SPTs
How sustainability-linked loans work, the role of KPIs, SPTs and the margin ratchet, and how they differ from green loans — for GCC borrowers and lenders.
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SLB vs SLL: Sustainability-Linked Bonds and Loans Compared
How sustainability-linked bonds and sustainability-linked loans differ, what each suits, and how the coupon step-up and margin ratchet work — for GCC issuers and borrowers.