Pakistani Financial Institutions Get Trained on Green Financing Risk Mitigation

Financial institutions in Pakistan often face challenges when it comes to properly assessing and addressing the risks of green technology investments. The lack of knowledge, skills and training on the appropriate instruments to mitigate the risks of transactions often hinder them from financing such projects altogether. A recent CSCP training as part the Sugar REET project was aimed at supporting local financial institutions (FIs) to increase their capacities and tap into green investment opportunities.

The CSCP team shared knowledge and practical examples on how to decide which projects to finance based on the lowest environmental, managerial, financial and security related risks. A broad range of topics, such as project development cycles, credit risk assessment, types of credit guarantee schemes, or risk rating tools were covered during the training. External co-financing opportunities were also presented and explained as important incentives for the financial institutions.

A total of 45 representatives of Pakistani financial institutions joined the training, which was conducted in close collaboration with the Iqbal Hamit Trust and the State Bank of Pakistan.

The project Implementation of Resource and Energy Efficient Technologies in the Sugar Sector of Pakistan (Sugar REET) seeks to enhance the resource efficiency of the sugar sector through the adoption of Resource and Energy Efficiency (REE) technologies.

Sugar REET is part of the SWITCH-Asia Programme.

For further questions, please contact Ahmad ur-Hafiz.

Image from Adrienne Andersen, Pexels.