KATHMANDU
In a significant move to address the pressing issue of climate change and its impact on the financial sector, a seminar titled ‘Climate Risks and Opportunities in Nepal’s Banking Sector’ was held today by the Nepal Rastra Bank (NRB) and International Finance Cooperation (IFC), supported by the European Union (EU) under their regional initiative ‘Accelerating Climate Smart and Inclusive Infrastructure in South Asia’ (ACSIIS).
The seminar focused on disseminating the findings of the Climate Finance Risk Exposure Assessment and facilitated the discussion of risks, opportunities, and potential steps to develop and implement a regulatory framework that supports the growth of a