Experts stress need for stronger green finance policies for energy transition

Experts stress need for stronger green finance policies for energy transition

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The Indus Consortium hosted the ‘Banking on Renewables’ event in Karachi, bringing together banking professionals, CSOs, and environmental experts to discuss green finance policies for energy transition. Speakers highlighted the role of financial institutions in promoting low-carbon growth and the challenges in implementing the State Bank’s Green Banking Guidelines (GBGs) and Environmental and Social Risk Management (ESRM) frameworks. Experts emphasized stronger public-private partnerships and increased financial support for renewable energy. The event also featured research presentations on the socio-economic and environmental risks of Pakistan’s LNG sector, urging equitable access to green financing.

Publication Source

THE NEWS INTERNATIONAL

Publication Date

2-13-2025

Pages

II

Disciplines

Corporate Finance | Economics | Finance | Finance and Financial Management

Keywords

Environmental Economics, Sustainable Finance, Energy Policy, Banking and Finance

Experts stress need for stronger green finance policies for energy transition

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