The Saudi British Bank (SABB), a joint-stock company with British banking firm HSBC Holdings PLC, has just announced its launch of a Shariah-compliant green deposit product. The Riyadh-based banking company is proving it's not easy going green, as it allows its clients to deposit money towards greener financing initiatives. The first initiative of its kind in the nation, the move will allow clients a quarterly review of the industries their funds support — which may include sustainable themes such as renewable energy, sustainable water management, and climate change adaptation.

The kingdom isn't the only one looking green, neighbor United Arab Emirate's Emirates Nuclear Energy Corporation (ENEC) announced that it would produce 85% of Abu Dhabi's clean electricity by 2025. The corporation aims to transition to a net-zero world and sees the Barakah nuclear power plant's (no relation to us) low carbon fuel as the "essential" path. The plant has the potential to produce one million tonnes of hydrogen per year. Talk about efficiency.