Nepal Bankers' Association Signs MoU with Nathan Associates London Limited to Launch Certified Course on ESG

 Nepal Bankers' Association (NBA) has entered into a Memorandum of Understanding (MoU) with Nathan Associates London Limited, representing Invest for Impact Nepal (IIN), to jointly launch a Certified Course on Environmental, Social, and Governance (ESG) for professionals in Nepal's financial services industry.

IIN, a collaborative initiative of British International Investment (BII), The Dutch Entrepreneurial Bank (FMO), and Swiss Development Cooperation (SDC), is being implemented by Nathan Associates London Ltd. The MoU signing ceremony took place at NBA's office, with Sunil KC, President of Nepal Bankers' Association, and Bibek Shrestha, Country Representative of Nathan Associates London Limited, officiating the agreement.

The primary objective of this collaboration is to enhance the expertise of financial professionals in Nepal on ESG matters and to bolster the knowledge, skills, and effectiveness of employees within the financial sector. The partnership will see the implementation of the Certified Course in collaboration with the University of Pompeu Fabra Barcelona School of Management (UPF-BSM).

The Certified Course aims to provide comprehensive training on ESG principles and practices, enabling professionals to navigate the emerging landscape of sustainable finance. By developing the capabilities of financial professionals, the partnership seeks to foster sustainable investments and contribute to the development of a qualified and certified pool of human resources in the field of ESG.

The NBA, representing Nepal's banking sector, expressed enthusiasm about this collaboration and its potential to drive positive change in the financial industry. Through this joint effort, they envision elevating the standard of ESG practices and fostering sustainable development in Nepal.

The Certified Course on ESG is expected to commence soon, offering financial professionals an opportunity to enhance their understanding and proficiency in ESG considerations, thereby promoting responsible investment and sustainable growth in the country.