Insights and progress from the Bank of Albania’s green strategy: May 2023-2024

Summary in English: The Green Strategy Progress Report of the Bank of Albania (May 2023 - May 2024) outlines the achievements and challenges faced by the Bank in addressing climate-related financial risks. The strategy aims to integrate these risks into financial decision-making and banking policies. Key highlights include the creation of a Green Dashboard to monitor sustainability indicators, the development of the exposure analyses of the Albanian banking sector to climate risks, and collaboration with international networks for knowledge exchange. The report underscores the Bank's commitment to promoting financial stability in the face of climate challenges and advancing towards a sustainable and resilient financial sector.