Financing
Are there any public or private “green” financing initiatives for sustainable real estate projects?

There are various efforts and initiatives to promote green financing between the public and private sector for sustainable real estate efforts. These include the Central Bank of Bahrain's recent introduction of ESG reporting requirements and initiatives by the Bahrain Association of Banks, Bahrain Bourse and Tamkeen, among others. Additionally, a number of banks in Bahrain offer sustainable finance loans. For example, the Bank of Bahrain and Kuwait offers a special loan facility to business owners that aim to switch partially or entirely from conventional energy sources to renewable energy sources. This financing comes with special benefits, including faster approvals, competitive interest rates and flexible repayment terms.