Green Banking workshop

Jun 15, 2014


A five-day Green Banking workshop was held at Bank Keshavarzi (BK) Training Center in Babolsar from 7 June to 11 June.  

The workshop aimed at discussing issues such as UNDP approaches towards implementing projects in Iran, understanding of inclusive growth and sustainable development concepts, revision of BK credit instructions, policies and circulars, credit priorities as well as economic, financial and technical assessment of projects.

Among the attendees were Dr. Shahverdi, Executive Director of Credit and Investment, Executive Directors of Zandjan and North Khorasan provinces and Bank Keshavarzi Department Managers, Deputies and Experts, Mr. Balasubramaniam Murali, Deputy Resident Representative of UNDP in Iran and Dr. Ali Farzin, the Head of Inclusive Growth and Sustainable Development Cluster of UNDP.

The first day of the workshop which was organized by International Cooperation Department was inaugurated by Dr. Mohammad Talebi, Bank Keshavarzi Chairman and Managing Director.

In his video speech, Dr. Talebi elaborated on a new approach to deal with scarce resources as well as the opportunity to look at the management of these scarce resources as an opportunity not a challenge.  He then referred to virtualization, replacement and optimization as three essential approaches to deal with this challenge.  Expressing his satisfaction over the implementation of the Green Banking Project within the first stage of the project, Dr. Talebi highlighted the project impacts and called it a success.       

In his remarks Mr. Murali highlighted inclusive growth as one of the priorities of UNDP and considered the Green Banking Initiative as one of the most important projects run by UNDP in Iran – given the objectives of the project as well as the fact that the project is being implemented in collaboration with Bank Keshavarzi.

The Deputy Resident Representative of UNDP then stated that such collaboration between UNDP and Iranian organizations is also needed to deal with other challenges such as the draught problem of Lake Urmia and overuse of natural resources.

He then added that financing the financial needs of the agriculture sector and provision of credit facilities to more than two million applicants by Bank Keshavarzi implies the remarkable impacts the project would have on poor and low-income classes of society leading to inclusive growth and sustainable development. In his closing remarks, Mr. Murali underscored the bank's capacity to develop a regional financing model by the end of the project.