The Association of Banks in Jordan (ABJ) recently hosted the second edition of the “Green Finance Forum (GREEFIN): A Strategic Necessity for the Banking Future”, emphasizing the importance of accelerating green finance practices for a sustainable future. The forum aimed to promote dialogue and cooperation within the banking sector and relevant stakeholders to advance green finance initiatives.
The sessions at GREEFIN discussed the significance of green finance, current market trends, and shared regional and global experiences in greening the banking sector. Attendees included banking sector representatives, CEOs, sustainability officers, regulators, and government officials.
Citing the strategic importance of green finance, Governor of the Central Bank of Jordan (CBJ) Adel Sharkas highlighted the urgency of addressing climate change and its implications. The CBJ launched a Green Finance Strategy (2023-2028) in partnership with the World Bank Group to strengthen green finance practices and mitigate climate risks.
Director General of ABJ Maher Mahrouq emphasized the forum’s role in promoting green finance in Jordan and enhancing the sector’s commitment to sustainability. The event reiterates ABJ’s ongoing efforts to drive the banking industry towards a greener future.
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