Greening the financial sector in Malawi

UNEP Copenhagen Climate Centre has supported the Reserve Bank of Malawi throughout 2024 in exploring how the Bank can help the greening of the financial sector in Malawi. Malawi is highly vulnerable to climate change and its financial sector is expected to face increased climate-related financial risks in the near term. The Malawian economy and population are increasingly vulnerable to climate-related disasters, including floods, droughts and cyclones, which can severely damage infrastructure and devastate businesses and livelihoods, resulting in substantial financial shocks for the