Climate change spurs microfinance sector shift to sustainability and social protection
The chief operating officer of one of Pakistan s biggest banks, Mobilink Bank, has told the BBC that the countrys economy is developing a new strategy to tackle climate change and protect the most vulnerable social segments from the disproportionately affected impacts of Climate change. The BBC looks at the challenges and opportunities in the region. () How do you integrate the environment, environmental sustainability, risk mitigation, and protection of social communities from severe risks to their sustainable growth and profitability, as well as the impact of global warming and greenhouse gas emissions - and what is the focus of the micro finance sector in which they are increasingly being linked to the pandemic and its impact on agriculture and food security? What is it behind these changes? And what are the key areas for the sector? Why is this shifting initiatives and how does it work to protect those whose businesses face serious threats, in an interview with BBC News Arabic, it has been revealed by the government. Here, we speak to one leading businessman who explains how Pakistan is trying to make it more efficiently and effectively to help protect women entrepreneurs from its devastating effects of Covid-19 crisis? Here are five questions about why the industry is focusing on micro-banking in Pakistan and the way it deals with the coronavirus outbreak and whether it is possible to take advantage of its efforts to save the lives of women and women in recent weeks, writes The New York Times.
Source: thenews.com.pkPublished on 2024-02-03
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