Doha, Qatar: Driven by Qatar’s commitment to building a diversified and sustainable economy, the Ministry of Finance has made remarkable strides toward establishing a resilient green economy capable of adapting to global shifts.
The Government Communication Office (GCO) highlighted on the X platform that, through a series of comprehensive strategies and initiatives, the Ministry is embedding sustainability at the core of the nation’s economic transformation.
Environmental stewardship is a cornerstone of Qatar National Vision 2030, with national development plans prioritising the responsible use of resources to safeguard them for future generations. This vision includes expanding renewable energy, reducing water and power consumption, improving industrial energy efficiency, and striking a balance between human development and environmental preservation—firmly advancing the country’s green economy ambitions.
GCO stated: “The Ministry of Finance is driving Qatar’s sustainable transformation by pioneering innovative financing solutions and championing investment in green projects. These strategic initiatives underscore Qatar’s unwavering commitment to the Sustainable Development Goals and the Qatar National Vision 2030.”
The Ministry has undertaken several landmark initiatives, from issuing the country’s first sovereign green bonds in 2024 and publishing its inaugural allocation report, to channelling $2.5bn into local sustainable development projects and securing the prestigious Deal of the Year award at the 2025 Global Banking & Markets: Middle East Awards.
In May 2024, the Ministry issued green bonds totalling $2.5bn — the first sovereign green bond issuance in the Gulf Cooperation Council (GCC) and the largest green bond offering in the Middle East. The bonds were issued in two tranches: a $1bn tranche with a five-year maturity, priced at a 30-basis-point spread over US Treasuries, and a $1.5bn tranche with a 10-year maturity, priced at a 40-basis-point spread over US Treasuries.
In recognition of this achievement, the Ministry of Finance won the Deal of the Year award at the Global Banking & Markets: Middle East Awards 2025 in Dubai, UAE, in May 2025.
This accolade reflects investor confidence in Qatar’s economy, the strength of its public finances, and the credibility of its sovereign green finance framework, which aligns with international best practices and standards.
Qatar is also updating its sovereign green assets register and reinforcing its commitment to sustainable development. Investments are being directed toward renewable energy, green infrastructure, and environmentally friendly real estate, underscoring the country’s competitiveness on the global stage. In addition, the Ministry is actively contributing to the development of the National Climate Adaptation Plan in partnership with the Ministry of Environment and Climate Change.
