Nadia Mansour : Les banques vertes en Tunisie : Enjeux et défis

[Green Banks in Tunisia: Issues and Challenges]

This work provides an overview of the importance of sustainable finance in the fight against global warming and environmental protection in Tunisia. In this context, several international banks have recently adopted commitments to exclude from their portfolios certain sectors of activity deemed to be polluting, such as the extraction and exploitation of coal, drilling within the Arctic Circle, the exploitation of oil from bituminous sand, etc. Our results have shown that Tunisian banks are trying to get involved in this path. However, these announcements are rather symbolic, without bringing about the profound changes that the financial and economic system needs.

“Tragedy of the horizon” is a concept coined by Mark Carney, the Governor of the Bank of England, in 2015. Carney was giving a speech to Lloyd’s of London, and the topic was climate change, an obvious area of interest and a source of future financial risk. For the first time, this address made international financial market participants aware of the challenges of climate risk.

Today, an investor has three reasons to invest responsibly: first, for economic reasons: climate change will have a big effect on the economy; second, for financial reasons: new regulations that will limit gas emissions will have a major impact on asset prices; and finally, for moral reasons: we all have to work for the good of future generations to limit the effects of global warming. Hence the following question: To what extent are environmental risks integrated into banks’ financial decisions?

The talk will be held in French on 1 June 2022 at the MECAM premises, c/o ISEAHT, 27, rue Florian – Borj Zouara (Bab Saadoun), Tunis, and Online via zoom. It will be commented by Prof. Ezzeddine Zouari (University of Sousse).

Details:

Date:  Wednesday, 1 June 2022, 16:00-17:30 (Tunis Time) // 17:00-18:30 (CEST)

Dr Nadia Mansour (Université de Sousse // Université de Salamanque // Boursière, IFG IV, MECAM)

Speaker: Pr Ezzeddine Zouari (Université de Sousse)

Moderator: Dr Steffen Wippel (Center for Near and Middle Eastern Studies, Philipps Universität Marburg // Coordinateur, IFG IV, MECAM)

Theme: MECAM Spring Talks

La conférence se tiendra en français dans les locaux du MECAM, c/o ISEAHT, 27, rue Florian – Borj Zouara (Bab Saadoun), Tunis, et en ligne via zoom.

Zoom Link: Click Here