MANAMA: More than $12 trillion in new sustainable investment opportunities will exist globally by 2030, making a strong business case in favour of sustainable finance, a leading Bahrain-based expert has said.
According to Dr Ali Ibrahim, chair of the sustainable development committee of the Bahrain Association of Banks and head of sustainability and social responsibility at Al Baraka Banking Group, sustainable finance enables banks to align their financing/asset portfolio with the United Nations Sustainable Development Goals (SDGs) and by incorporating Environmental, Social and Governance (ESG) considerations .