NBB’s Zied Jalali highlights role in Climate Action at COP28

TDT | Manama                                                    

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain’s (NBB) Head of Structured Finance, Transaction Banking, and Debt Capital Markets, Zied Jalali, recently participated in a panel discussion hosted at the 2023 United Nations Climate Change Conference (COP28) in Dubai.

The panel session focused on ‘Scaling Up Private Sector Engagement towards Climate Action’, where Zied 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; and Chrisdèle M’Bemba, Managing Director of Public Sector Coverage at BNP Paribas, who moderated the panel.

The discussion centred around the role of regulatory measures and risk allocation frameworks in incentivizing the private sector to engage in and adapt to sustainability initiatives and projects. Zied provided valuable insight on how the banking sector and banking regulators can improve capital flow into climate action public-private partnerships (PPPs).