ADNOC lands $2-billion green loan from K-SURE for low-carbon investments

ABU DHABI, December 19, 2025 – ADNOC has signed a USD 2-billion green financing agreement backed by Korea Trade Insurance Corporation to support lower-carbon investments in the UAE, the company said on Friday.

The facility is structured under ADNOC’s Sustainable Finance Framework and is the company’s first green financing backed by a Korean export credit agency. Sustainable Fitch has confirmed the framework’s alignment with international market standards. First Abu Dhabi Bank acted as green loan coordinator and Santander as export credit agency coordinator.

This agreement follows ADNOC’s USD 3-billion green financing with Japan Bank for International Cooperation in 2024, bringing its total green funding to USD 5 billion in 18 months. ADNOC aims to reduce its carbon intensity by 25% by 2030 and is investing USD 23 billion to decarbonise operations and grow its hydrogen, geothermal and renewables portfolio.

“Through our partnership with K-SURE, we are expanding access to green finance, deepening our economic ties with South Korea and strengthening ADNOC’s position as a leader in lower carbon energy,” ADNOC group chief financial officer Khaled Al Zaabi said.

ADNOC is the UAE’s national oil and gas company and one of the least carbon-intensive producers globally. It is active across the energy value chain and is expanding its investment in cleaner energy sources while pursuing net-zero ambitions.

ADNOC’s Low Carbon Solutions business focuses on renewable energy, clean hydrogen and carbon capture and storage (CCS), as well as international expansion in gas, LNG and chemicals, helping to advance the energy transition and lower emissions. It is investing in new energy solutions and lower-carbon technologies while building partnerships to support global decarbonisation and mitigate climate impacts, underpinning its strategy of maximum energy with minimum emissions.

Read our latest insights on: