NMB Bank, IFC, and EU Collaborate to Strengthen Sustainable Finance in Nepal

NMB Bank, in partnership with the International Finance Corporation (IFC) and backed by the European Union’s ACSIIS program, organized a three-day training to enhance Climate Finance and Risk Management in Nepal. The event, held in the first week of March, focused on sustainable financing in the areas of energy, agribusiness, and the SME sector — three key focus areas of NMB Bank.

Given Nepal’s high vulnerability to climate change, the training emphasized the integration of Environmental, Social, and Governance (ESG) practices into banking and business strategies for better risk management and financial resilience. The program saw the participation of 90 individuals, including NMB Bank’s business teams, E&S and risk officers, and clients. Experts from IFC and local consultants shared insights on regional and global best practices, fostering deeper understanding among attendees.

The interactive sessions covered critical topics such as environmental and social due diligence (ESDD), biodiversity management, labor rights, land resettlement, and resource efficiency. These discussions aimed to help participants align with international standards and strengthen their ESG and climate risk management capabilities.

Through this initiative, NMB Bank aims to bolster sustainable investment practices, benefiting both the bank and its clients. With a network of 202 branches, 186 ATMs, and 9 extension counters, NMB Bank continues to expand its reach while promoting sustainable finance in Nepal.