According to the bank documents, the objective of the project is to increase the share and volume of bank loans screened against improved Green Banking Guidelines (GBGs), improve banks’ awareness and understanding on Environmental and Social Risk Management (ESRM), increase the number of intermediaries to provide Environment, Social and Governance (ESG) training to banks after IFC exit. Specifically: 1. Support State Bank of Pakistan to improve Green Banking Guidelines which will be more closely aligned with Global Best Practice and enriched with process, tools and checklists to support the effective implementation by financial institutions. 2. Local training intermediaries’ capacity will be built up to deliver ESG trainings to banks. 3. Market capacity on green banking and ESRM of local banks and stakeholders will be built up through awareness raising and knowledge dissemination event to enhance the SBP Green Banking Guidelines implementation performances.
No contact information provided at the time of disclosure.
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