📈 Nepal-SL Launch Climate Finance Training Program in Colombo

• Overall Initiative: A five-day Intensive Training Program on Climate Finance for Banking Professionals has commenced in Colombo. The initiative is a joint collaboration between the Institute of Environmental Professionals Sri Lanka (IEPSL) and the Banking, Finance and Insurance Institute of Nepal (BFIN) to strengthen regional sustainable banking frameworks. • Strategic Partnership: IEPSL and BFIN signed a Memorandum of Understanding (MoU) aimed at deepening bilateral cooperation in professional training, environmental governance, and sustainable finance initiatives. • Core Focus Areas: The training focuses heavily on capacity building in banking & finance, specifically addressing: ESG (Environmental, Social, and Governance) and ESI integration. Environmental and Social Risk Management (ESRM) and credit assessments. Green lending tools, climate finance mechanisms, and green product development. Social safeguards, including Gender Action Plans and SEAH safeguards. • Economic Context & Impact: Given the growing impact of climate risks on financial stability, the program aims to build institutional capacity, support South Asian regional cooperation, and transition banking operations toward long-term climate-responsive and resilient lending and investment strategies. • Delivery: The program utilizes a practical approach featuring case studies, simulations, field visits, and micro-teaching sessions for Nepalese and Sri Lankan financial sector professionals.