The Financial Services Authority  has launched a new awareness campaign with the aim of acquaint with the importance of green and sustainable funding  including green and sustainable bonds and Sukuk to enhance financial awareness and supporting the national courses towards environmental and economic sustainability.

The campaign will commence this May and continues until June in line with the goals of the Sultanate of Oman in achieving net zero by 2050 within the national road map for green and sustainable funding adopted by the FSA to develop the regulatory environment for non- banking financial sector.

The campaign will highlight green funding concepts and the difference between ordinary bonds and Sukuk and green and sustainable bonds and Sukuk in addition to the role of such instruments in financing renewable energy projects,  sustainable transport, education, health and clean water as well as explaining the regulatory frameworks set out by the FSA which included a chapter on environmental disclosure in the Regulation for Bonds and Sukuk and  motivating issuing Waqf Sukuk for social and development projects.

FSA emphasized that the campaign coincides with its participation in the Oman Sustainability Week as part of its responsibility in raising the awareness of the importance of sustainable funding and enabling the financial sector to play a pivotal role in supporting environmental initiatives and attracting responsible investment and achieving balanced economic growth.

The campaign will include introductory pamphlets on the social media platforms of the FSA beside visual content and designs showing FSA’s roles and benefits offered by green funding instruments in building sustainable future.