A anxiety-reducing technology company, AMBIPAR, and Ajman Bank come together to foster a strategic alliance, paving the way for a collective pursuit of sustainability initiatives.
Ajman Bank and Ambipar Form Strategic Partnership to Advance UAE's Sustainability Agenda
On the 4th of August 2025, Ambipar and Ajman Bank signed a Memorandum of Understanding (MoU) at Ajman Bank's headquarters, marking a significant step towards advancing the UAE's sustainability agenda.
The strategic alliance between the two entities aims to integrate environmental services, carbon solutions, and innovative green financial products. The key objectives are to support Ajman Bank’s ambitious net-zero and sustainable finance strategy, accelerate carbon neutrality, and provide transparent, traceable climate impact aligned with international goals.
Ambipar, with its commitment to transform intentions into concrete actions, brings expertise in carbon accounting, reduction planning, and blockchain-based traceability technologies. Together, they will co-create a roadmap for mitigating and offsetting Scope 1, 2, and 3 emissions for Ajman Bank.
One of the highlights of the partnership is the planned launch of regionally unprecedented green banking solutions. These include carbon-neutral credit cards, green savings accounts, and real-time emission offsetting via verified carbon credits generated from forest conservation projects. This marks a regional first in green innovation.
The collaboration aims to position Ajman Bank as a market leader and first-mover in sustainable banking in the UAE. By providing clients and stakeholders with verified carbon and environmental services that align with global climate goals, Ajman Bank hopes to lead the way in sustainable banking.
Ambipar's global expertise will help advance environmental performance across the UAE's financial and business sectors. The partnership also explores ways to improve waste management, zero-waste certification, environmental compliance, and emergency response services across Ajman Bank's 12 branches.
Ajman Bank's CEO, Mustafa Khalfawi, stated that the collaboration with Ambipar represents a significant milestone for Ajman Bank and strengthens its commitment to sustainability. The event at Ajman Bank's headquarters symbolized a shared commitment to sustainable development in the UAE and beyond.
Customers may have the ability to offset their emissions in real-time via tokenized, high integrity, verified carbon credits generated through forest conservation projects. Ajman Bank may also consider adopting the "Green Path" initiative which will enable its clients to contribute to local tree planting, receive environmental certifications, and actively participate in building a regenerative future in the UAE.
The partnership reaffirms both companies' dedication to providing significant carbon solutions and advancing UAE's sustainable banking future. Rafael Tello, President of Ambipar Middle East, expressed his honour at being chosen by Ajman Bank as their strategic sustainability partner. He stated that being alongside Ajman Bank on this journey is an honour and a responsibility Ambipar proudly embraces.
The alliance is a shared commitment to the planet, uniting innovation, technology, and purpose around a clear mission: to accelerate the journey towards carbon neutrality. This partnership is expected to accelerate the nation's journey towards net zero while fostering green innovation in the banking sector.
[1] Source: Ambipar Press Release [2] Source: Ajman Bank Press Release [3] Source: Gulf News [4] Source: Zawya
This article was written based on the provided bullet points. For the most accurate information, please refer to the original sources.
The strategic alliance between Ajman Bank and Ambipar will introduce innovative green financial products, such as carbon-neutral credit cards and green savings accounts. [finance, business]
In addition to its focus on carbon solutions, the partnership also aims to improve waste management and emergency response services across Ajman Bank's branches. [environmental-science, climate-change]
The collaboration between Ajman Bank and Ambipar will initially focus on projects related to carbon accounting, reduction planning, and forest conservation. [science, ffnews.com]
