Launch of Environmental and Social Risk Management Manual
· Jameel Ahmad, Governor of the State Bank of Pakistan (Pakistan)
Summary written by Dark Majestic in its own words · topics: climate, energy and nature
JA · Jameel Ahmad Wiki · State Bank of Pakistan WikiLaunch of Environmental and Social Risk Management ManualContextKeynote address by Jameel Ahmad, Governor of the State Bank of Pakistan, at the Sustainable Banking Conference, Karachi, 9 November 2022.
Why it mattersPakistan's governor launches environmental risk guidance after major floods.
Problems raised- Climate change poses risks to Pakistan's financial sector.
- Awareness of environmental risk is low.
- Banks lack risk management tools.
Solutions proposed- Launch an environmental and social risk manual.
- Raise awareness of climate risks.
- Identify actions to mitigate risks.
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