Pakistan Shares Lessons on Inclusive Green Finance Policy Implementation with AFI Members
From November 3 to 6, AFI (Alliance for Financial Inclusion) members from over 20 countries convened in Islamabad, Pakistan, for a joint learning program (JLP) focused on the practical implementation of Inclusive Green Finance (IGF) policies. Hosted by the State Bank of Pakistan (SBP), the program allowed participants to learn from Pakistan's experience in transitioning from IGF policy formulation to practical application. SBP Governor Jameel Ahmad highlighted that climate change presents both physical and transitional risks affecting financial positions, institution balance sheets, and overall financial stability. Pakistan has proactively addressed these challenges through initiatives like Green Banking Guidelines, a National Green Taxonomy, and climate-smart agriculture programs.
