BIBF to Host Seminar on the Transition to Net-zero

The Bahrain Institute of Banking and Finance (BIBF) will host a seminar on the Fundamentals of Sustainable Development and Net-Zero Transitioning on Wednesday (January 11).

The seminar is hosted as part of the Middle East Sustainability Forum, organised by Finmark from 11 to 12 January under the theme: “Business Transition to Net-Zero – the Path Towards a Successful Low-Carbon Future”.

The seminar – held at the institute’s premises in Bahrain Bay - will be delivered by Head of Banking & Finance Centre at the BIBF, Zeeba Askar, who will be highlighting the fundamentals of sustainable development and its significance, with an emphasis on ESG and the transition towards net zero.

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The benefits associated with changing the mindset of a corporation will also be highlighted, while looking at the principles behind how businesses can do well by internalising the commitment to the sustainable development goals to re-engineer "how" business is carried out.

In addition to discussing developments on a global and regional scale, the seminar will investigate the connection between resilience, sustainability, and business growth and expansion.

"In line with the Kingdom’s commitment to reach net-zero carbon emissions by 2060, the seminar aims to raise awareness on the importance of public-private partnerships and how they can contribute to achieving the national, regional, and global net-zero goals," Zeeba Askar said.

"The BIBF's participation in the Middle East Sustainability Forum reflects its commitment towards raising sustainability awareness, which contributes to the Kingdom's economic growth, and fosters cooperation towards a more sustainable future," she added.

She continued: "In May 2021, the BIBF launched the Sustainable Development Academy in partnership with Fitch Learning and the London Institute of Banking & Finance, to build a robust talent pool in sustainable finance through offering a wide range of specialised programmes."

The Middle East Sustainability Forum is set to bring together more than 300 senior decision makers and sustainability experts to address regional decarbonisation goals and drive private sector mobilisation in support of the realisation of national and regional net-zero goals.

Read More: Bahrain Joins Partnership for Sustainable Economic Development