State Bank of Pakistan constitutes Focus Group for Green Banking Guidelines

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State Bank of Pakistan constitutes Focus Group for Green Banking Guidelines

May 6, 2018

Karachi, May 06, 2018 (PPI-OT): The micro to medium sized entrepreneurs (MSME) have thanked the State Bank of Pakistan (SBP) for taking measures for promoting Green banking for promotion of renewable energy, resource efficiency and environmental protection, climate change and to resolve water shortage.

SBP has set up a focused group with 12 members .The executive director of SBP is the chairman of the group and has representatives of ministry of climate change, Alternate Energy Board, Environmental protection agencies of all the provinces Representatives of Pakistan Banking Association, Green banking experts from leading banks. Representatives of FPCCI, APTMA and UNISAME as members.

Zulfikar Thaver president of UNISAME will represent the Union and is appointed as member of the Focus Group on Green Banking. Thaver said it has been our long outstanding demand to subsidize solar, wind and biogas plants and we are very happy and appreciate the efforts of SBP in giving priority to the matter.

The energy crisis is an impediment and having the resources of abundant sunlight and wind corridors and also substance for biogas it would be unwise to suffer. In fact looking at the requirements of energy for the country it would be wise to produce nuclear electricity to overcome the crisis and permission to produce must be obtained from concerned quarters.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307

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