The role of regulatory measures and risk allocation frameworks in incentivising the private sector to engage in and adapt to sustainability initiatives and projects has come under the spotlight during a key panel discussion at the 2023 United Nations Climate Change Conference (COP28) in Dubai.
Participating in the discussion, National Bank of Bahrain’s (NBB) head of structured finance, transaction banking and debt capital markets Zied Jalali provided valuable insight on the role of the banking sector and banking regulators in improving capital flow into climate action public-private partnerships (PPPs)
The panel session focused on ‘Scaling Up Private Sector Engagement towards Climate Action’, where Mr Jalali was joined by other industry experts.
The panellists included Trevor Allen, head of sustainability research at BNP Paribas Markets360; Elina Roine, director of operations support and climate office at European Investment Bank; Nicolas Thevenot, chief banking officer at Apicorp, as well as Chrisdèle M’Bemba, managing director of public sector coverage at BNP Paribas, who moderated the panel.
NBB promotes a culture of knowledge-sharing across the wider industry as its employees continue to represent the bank at leading international events.