Consumer decisions and behaviours are responsible for the majority of direct and indirect global emissions, according to climate fintech Ecolytiq’s 2022 Impact Report. As consumers increasingly look to adopt sustainable behaviours, banks can be at the forefront of driving them.
Mashreq has announced the roll-out of a new climate banking platform — the first of its kind in the UAE and wider Middle East region. Partnering with Visa and Ecolytiq, Mashreq looks to drive a shift in behaviour towards more sustainable choices by offering customers insights about the environmental impact of their purchases.