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NBK becomes a Platinum Member of Kuwait Green Building Council

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Reflecting bank’s commitment to achieving sustainability, responsible environmental practices

KUWAIT: In an unprecedented step towards enhancing its sustainable efforts and responsible environmental practices, National Bank of Kuwait signed an agreement with the Kuwait Green Building Council (KGBC) by which it has become a Platinum member and the first bank in Kuwait to join the council. NBK is the only bank to have obtained the LEED Gold Certification for its headquarters, mirroring its dedication to adopting the highest sustainability standards in the design and construction of its facilities.

This agreement aims to enhance collaborations between NBK and KGBC to shape a sustainable future for Kuwait. The agreement will involve the bank’s active participation in the council’s programs, campaigns, initiatives, and the sharing of its expertise in this field. Under this agreement, NBK can benefit from a variety of programs, including specialized training, workshops, and seminars that have been tailored to enhance the knowledge of KGBC members in green buildings and sustainable construction practices, keep them updated with the field’s latest development, and provide them with technical consultations that help them understand and apply green standards and practices.

Moreover, council members can attend all NBK’s activities, including conferences, seminars, and panel discussions, which presents a remarkable opportunity for field enthusiasts to communicate and exchange ideas. In this light, NBK is organizing an exclusive tour for approximately 30 visitors from KGBC at its LEED Gold certified headquarters to explore the features of the building’s sustainable design and energy-saving operations in addition to its environmental responsibility as per world green building standards. NBK constantly supports sustainable development and promotes green practices in the construction field aimed at conserving natural resources, as it firmly believes that green buildings play a pivotal role in shaping a sustainable and safe future for Kuwait. As a responsible and sustainable financial institution, NBK strives to make positive impact that reflects its continuous efforts during the past years in promoting all sustainable practices and supporting Kuwait’s low-carbon emissions agenda.

Additionally, NBK continues to work hand in hand with its strategic partners to develop and execute sustainable projects that aim to make real and tangible changes, as well as participate in several purposeful initiatives to raise awareness about the significance of green buildings. The Kuwait Green Building Council was established as a non-profit, non-governmental entity in 2017. As a membership-based organization, KGBC aims to encourage and promote sustainable development in Kuwait, and it’s a member of a global network of more than 75 green building councils operating under the umbrella of the World Green Building Council. It is worth noting that NBK has always been the first to take the initiative and support all green projects aimed at enhancing sustainability efforts. It has also made significant strides in the field of environmental, social and corporate governance (ESG), making sustainability a fundamental pillar in all its business operations and corporate culture, which enhances the transition to a sustainable, low-carbon economy in line with Kuwait’s strategic agenda.

•NBK is committed to promoting sustainable development by incorporating sustainable practices in the construction field.

•This partnership reflects a joint vision that strives to build a sustainable future for Kuwait.

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Kuwait’s Prime Minister to represent Amir at Gaza Peace Summit in Egypt

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KUWAIT: His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah and his accompanying delegation left Kuwait on Monday, heading to Egypt where he will represent His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah at the Sharm El-Sheikh Peace Summit for Gaza. — KUNA

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Kuwait promotes social justice and joint Arab developmental efforts

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CAIRO: Minister of Social Affairs, Family and Childhood Affairs and Chairperson of the Supreme Council for Family Affairs Dr Amthal Al-Huwailah on Monday reaffirmed Kuwait’s commitment to strengthening joint Arab social and developmental efforts to uphold human rights and promote social justice. Delivering her speech at the 82nd session of the Executive Office of the Council of Arab Ministers of Social Affairs, held at the League of Arab States headquarters in Egypt, Dr Al-Huwailah opened by expressing deep sorrow over the tragic death of three Amiri Diwan employees in a traffic accident in Sharm El-Sheikh, offering condolences to the families and wishing a speedy recovery to the injured.

She expressed pride in Kuwait’s participation in the session, which addressed key social and developmental issues, and expressed hope it would yield decisions supporting social justice policies and the empowerment of women, girls, and persons with disabilities, particularly in political participation and gender equality. Dr Al-Huwailah noted that the session would adopt the draft agenda for the 45th session of the Council of Arab Ministers of Social Affairs and prepare for the Second World Summit for Social Development, scheduled in Doha next November. She emphasized Kuwait’s aspiration for Arab countries to make a strong and active presence at these events, showcasing development achievements and exchanging experiences in social care.

Officials are pictured during the meeting. - KUNA photos

Officials are pictured during the meeting. – KUNA photos

Highlighting Kuwait’s role, she said the Ministry of Social Affairs, the Supreme Council for Family Affairs, and the Public Authority for the Affairs of Persons with Disabilities are committed to following up on the implementation of Council decisions, ensuring coordination that respects diversity and privacy while promoting social justice.

Dr Al-Huwailah concluded by thanking Egyptian Minister of Social Solidarity and Head of the Executive Office Dr Maya Morsi for the warm reception and efficient organization. She also praised Egypt’s efforts in hosting the Sharm El-Sheikh Peace Summit and its unwavering support for ending the conflict in Palestine. The Executive Office meetings are chaired by Egypt, with membership including Kuwait, Palestine, Qatar, the Comoros, Lebanon and Libya, alongside the participation of the Social Affairs Sector of the League of Arab States, represented by Minister Plenipotentiary Enas Al-Farjani.- KUNA

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Kuwait urges global action on poverty and climate

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NEW YORK: Kuwait has called for stepped-up international efforts to eradicate poverty, promote equitable development, secure sustainable financing, protect the environment and expand social safety nets. The appeal came in a speech delivered Saturday by Rashed S Al-Abhoul, Third Secretary of Kuwait’s Permanent Mission to the United Nations, during the general debate of the UN Second Committee on Economic and Financial Affairs.

Al-Abhoul said eliminating poverty in all its forms remains Kuwait’s top priority. Nearly a decade after the adoption of the Sustainable Development Goals, only 35 percent have recorded tangible progress, while nearly half are stalled and 18 percent have slipped below the 2015 baseline, he noted. He added that the annual financing gap has now surpassed $4 trillion.

On climate, Al-Abhoul warned that challenges are more urgent than ever, with floods, droughts and wildfires causing severe losses and shrinking some economies by up to five percent annually. He called for a flexible and accessible climate finance mechanism and urged the establishment of partnerships to accelerate development progress. He stressed the need for eased financing terms, debt relief, mobilization of humanitarian resources and targeted investment in sustainable agriculture, food supply chains, innovation and digital infrastructure. The current international financial system, he said, is no longer capable of keeping pace with today’s challenges and must undergo comprehensive reform to become fairer and more transparent.

Highlighting Kuwait’s longstanding commitment to development cooperation, Al-Abhoul pointed to the creation of the Kuwait Fund for Arab Economic Development in 1961 as a model of solidarity. The fund has financed more than 1,000 projects in over 100 countries, he said. Turning to the Middle East, he condemned ongoing human rights and environmental violations in the region. He said the committee must not remain silent when mandated to follow up on development challenges.

He expressed Kuwait’s strongest condemnation of the Zionist occupation’s use of starvation as a weapon against civilians and its terrorizing of unarmed populations in blatant violation of international law. He called for the lifting of all restrictions on humanitarian aid, the guarantee of safe delivery, and accountability for those who use food and life as tools of war. Al-Abhoul stressed that the next five years will be critical and must deliver tangible, measurable progress on development commitments.— KUNA

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