Green Mandate Ep. 6 – ‘RBI’s Discussion Paper on Climate Risk and Sustainable Finance’ with Bahram Vakil and Mohit Shukla
Monday, 19 Sep 2022, 6:00 pm-Monday, 19 Sep 2022, 7:30 pm
Vidhi Centre for Legal Policy and Rainmatter Foundation invite you to the sixth episode of THE GREEN MANDATE EP.6, on the ‘RBI’s Discussion Paper on Climate Risk and Sustainable Finance’ in conversation with Bahram Vakil and Mohit Shukla. This event is an in-person event.
The conversation will take place at the Ministry of New, Kitab Mahal, 192, 3rd Floor, Dadabhai Naoroji Road, Azad Maidan, Fort, Mumbai on 19th September 2022, from 6-7.30 pm IST.
The Reserve Bank of India (RBI) has recently published a Discussion Paper on Climate Risk and Sustainable Finance and invited comments from Regulated Entities and other stakeholders. The Discussion Paper starts with an overview of climate-related risks to financial stability and seeks views on policy measures to address the same. It conceptualizes broad guidance for all Regulated entities to incorporate appropriate governance mechanisms and strategies to mitigate various climate-related risks. Further, it raises important questions on the identification of climate risks and the integration of the climate risk management framework. The paper also relies on the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations such as a climate-related disclosure framework with a focus on four thematic areas- governance, strategy, risk management, and metrics and targets.
One of the founding partners of AZB & Partners, Bahram N. Vakil is amongst India’s foremost restructuring, infrastructure and project finance attorneys and has been acknowledged as a leading restructuring and project finance lawyer by most international publications. He has served as a member on various high-level government committees for financial reform, foreign direct investment, and securities market reform. He has an LL.M. from Columbia University and is a member of the New York State Bar.
Mohit Shukla is a Managing Director, Legal and Lead – India Regulatory and Government Relations at Barclays. He’s responsible for the general oversight of legal and compliance services to all the Indian businesses and Barclays entities, and for general legal and compliance risk management in India. Prior to joining Barclays in 2010, he was with Citi for 9 years as Country General Counsel for South Asia. He has over 20 years of work experience with a diverse background, including the metals manufacturing, and hospitality industries, prior to financial services.
THE GREEN MANDATE provides a platform for an in-depth conversation on such issues affecting current conservation challenges and aims at developing a deeper public discourse on the law and policy aspects of it.
The event is open to all, but prior registration is required. Fill the form below to RSVP.