To execute the first stage of “Green Banking for Sustainable Development and Inclusive Growth Project”, the third workshop of Green Banking Project, opened by Dr. Murali, Deputy Resident Representative of United Nations Development Program (UNDP), was held in Hotel Somorgh, Tehran, I.R. Iran on February 6, 2014 (Bahman 17, 1392).
Within the workshop, the concepts of sustainable development and inclusive growth and some examples of Bank Keshavarzi’s circulars focusing on credit and investment were discussed and analyzed. Mr. Mirzaei, Head of Credit Department of Bank Keshavarzi and the National Project Manager of Green Banking Project, Dr. Farzin, Head of Inclusive Growth and Sustainable Development Cluster of UNDP and Dr. Shajari, Head of Socio-Economic Research Department, Research Center and National Resources of Fars Province and the National Consultant of the Project were among the speakers of the workshop.
The participants, including executive directors of selected provinces, experts of the credit and investment and experts from related organizations such as the Ministry of Agriculture and the Forests, Range and Watershed Management Organization, in three groups discussed the important social, economic, environmental and corporate aspects which must be taken into consideration in the bank's credit procedures and circulars. The groups finally presented their findings and the results of their team works.
The Green Banking Project has been undertaken jointly by Bank Keshavarzi and UNDP to enhance the Bank’s credit system role and improve its resource allocation to ensure inclusive growth and sustainable development outcomes. This will be undertaken through the use of indicators of natural resources and environment protection, and their appropriate evaluation and cost-benefit procedures, in the Banks credit policies, regulations, and procedures, as well as the actual credit allocation process. The workshops are aimed to provide the participants with better understanding of the concepts involved with sustainable development and inclusive growth.