Qatar Eyes $75 Billion-Worth Investment in Sustainable Finance in 2023

Qatar is eyeing $75 billion in investments in sustainable finance in 2023, as part of a drive to strengthen the domestic debt market in light of the potential for local bonds and Sukuks.

"There is an active drive in Qatar to strengthen the domestic debt capital market to diversify sources of funding and expand sustainable finance solutions," Yousuf Mohamed Al-Jaida, CEO of Qatar Financial Centre (QFC), told Qatar Financial Market Forum.

This step comes in line with the Qatar National Vision 2030 to boost the county’s capital market infrastructure and create a greener future, Al-Jaida added.

The forum, which took place in Doha on Monday, features economists, banking experts, and industry thought leaders who spoke in panel discussions under the theme 'From Sustainable Financing to Debt Capital Markets, Uncovering Solutions for the Future of Banking in Qatar.'

Qatar's sustainable finance market is expected to reach a global value of over $22 trillion by 2031, which results in enhancing the country's economy and attracting more investors.