Green Financing as a Solution to Environmental Issues

APP

Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) said on Wednesday that environmental challenges can be effectively addressed through green financing.

While talking to the Director General of the Environment Department, Punjab, Imran Hameed, in a Zoom meeting, Saqib Rafiq informed me that RCCI was the first chamber in Pakistan to adopt the green building concept and implement the green initiatives at the chamber.

He urged the government to make it possible for the business community to obtain soft terms and interest-free loans from banks for the installation of solar systems in offices and industries.

He added that RCCI was the first ever green chamber in Pakistan by installing rainwater harvesting and recharge systems and solar panels at chamber buildings, aiming to promote green culture in the community.

Saqib Rafiq said that as cities grow and the demand for energy increases due to the expansion of small and medium-sized enterprises (SMEs) and large-scale industries, solar is an important source of clean and green energy supply.

He said that the chamber also has ISO 14001 certification and is also playing a role in policy advocacy for the promotion of green energy across the country. On this occasion, the DG EPA appreciated the RCCI’s efforts in implementing the Green Building Concept.