ESG Sukuk Market Growth to Exceed $70 Billion by 2026 Amid Strong EM Demand
The global ESG sukuk market is projected to surpass $70 billion in 2026, led by Saudi Arabia, Malaysia, UAE, and Indonesia, with sustainable finance adoption accelerating across emerging markets.
Pakistan Requires $565.7B Investment to Achieve NDC 3.0 Climate Targets by 2035
Pakistan will need $565.7 billion in investment by 2035 to meet NDC 3.0 climate goals, including emissions reduction, renewable energy expansion, and EV adoption, with Pakistan Green Taxonomy and ESG frameworks guiding sustainable financing.
SBP Orders Banks and DFIs to Implement Pakistan Green Taxonomy for Green Banking Policies
The State Bank of Pakistan has instructed all banks and DFIs to adopt the Pakistan Green Taxonomy as the core framework for green banking policies, enhancing sustainable finance across the country.
BOP Taqwa Islamic Banking Achieves PKR 1 Billion Milestone in Islamic Agri Finance
BOP Taqwa Islamic Banking surpasses PKR 1 billion in Core Islamic Agricultural Financing, highlighting its commitment to Shariah-compliant and sustainable financial solutions for Pakistan’s agriculture sector.
UN Observes International Day of Banks 2025, Emphasizing Sustainable Finance and SDG Alignment
The UN’s 2025 International Day of Banks spotlights the critical role of banks in financing a livable planet, closing the SDG financing gap, supporting climate action, and promoting inclusive digital financial systems worldwide.
NIBAF Pakistan Conducts Climate Resilience Training to Strengthen Micro-Finance Operations
NIBAF Pakistan organized a two-day training program in Faisalabad focused on building climate resilience in micro-finance operations, equipping sector professionals with frameworks, tools, and strategies to manage environmental risks and enhance long-term sustainability.
SBP Champions Women’s Financial Empowerment as Catalyst for Inclusive and Sustainable Growth
The State Bank of Pakistan (SBP) is championing women’s economic empowerment through financial inclusion reforms, digital innovation, and global collaboration. Governor Jameel Ahmad highlights progress under the Banking on Equality policy, showcasing how women entrepreneurs are shaping Pakistan’s path toward sustainable growth.
BOP leads PKR 1.5 billion syndicated finance deal for 7.5 MW wind power project
The Bank of Punjab leads a PKR 1.5 billion syndicated financing deal for Burj Clean Energy Modaraba to develop a 7.5 MW wind power project for Power Cement, setting a benchmark for renewable energy financing in Pakistan.
Askari Bank honored with ESG Excellence Award in Sustainable Finance at ESG Summit 2025
Askari Bank has won the ESG Excellence Award in the Sustainable Finance category at the ESG Summit 2025, recognizing its green banking initiatives, ESG disclosures, and early adoption of SBP ESRM Guidelines.
Pakistan’s Economic Recovery Gains Momentum as IMF Agreement Strengthens Investor Confidence
Pakistan’s economy continues to show signs of stability and recovery in FY2026, backed by the IMF Staff-Level Agreement, fiscal discipline, and international recognition for its sustainable financing framework.