CASI Sustainability Forum explores role of innovation in sustainable finance

Doha, Qatar: Qatar National Vision aims to propel the country forward by balancing the accomplishments that achieve economic growth with the human and...

Doha, Qatar: Qatar National Vision aims to propel the country forward by balancing the accomplishments that achieve economic growth with the human and natural resources. This vision constitutes a beacon that guides economic, social, human, and environmental development of the country in the coming decades.

The CASI Sustainability Forum, entitled ‘Revamping Energy and Industry Landscapes: Financing the Accelerated Low-GHG Transition in the MENA Region’ was co-hosted by Capacity-building Alliance of Sustainable Investment (CASI), Institute of Finance and Sustainability (IFS), Industrial and Commercial Bank of China, and Qatar Financial Centre (QFC), was held yesterday and will run until September 25.

The event emphasised ‘Innovations in Sustainable Finance’ and ‘Effective Industry-Specific Transition,’ targeting policymakers, financial institutions, and industry leaders. It aimed to enhance sustainable finance capabilities, supporting the region’s development goals. The objective is to enhance capabilities in sustainable finance and industrial transformation, thereby supporting the region’s sustainable development goals.

Delivering the keynote speech, H E Sheikh Ahmed bin Khalid Al Thani, Assistant Governor, Qatar Central Bank (QCB) said, Qatar National Vision 2030 defines environmental sustainability as part of the commitment to protecting the environment and promoting sustainability and conserving natural resources in line with this vision.

QCB has established the ESG, as a cross-cutting theme in the third strategic plan for the financial sector and aligned with that it launched its own key ESG strategy. The aim of this strategy is to enhance the financial sector efficiencies and resilience toward climate change as well as supporting the national goals related to sustainability.