SEA and Standard Chartered Bank discuss cooperation

SectorFinancial Services

President of the Sustainable Energy Authority (SEA), Dr. Abdulhussain bin Ali Mirza, today held a remote meeting with the Chief Executive Officer of Standard Chartered Bank-Bahrain, Abdulla Abdulrazaq Bukhowa, with the participation of a number of officials and experts from the sides. Dr. Mirza lauded the key role played by Standard Chartered Bank to develop the banking sector in Bahrain, and support various economic activities. He gave a video presentation in which he highlighted SEA’s achievements in the fields of renewable energy and energy efficiency, in addition to its planned initiatives and projects in 2021 in order to achieve the national goals approved by the government in the renewable energy and energy efficiency sector. SEA President discussed the possibility of issuing green bonds and launching financial solutions and stimuli to encourage investments in renewable energy projects, noting that financial institutions and banks play a pivotal role in supporting development plans and efforts to enhance the sustainable energy sector, more...