Paper Title
RISK MITIGATION AND MANAGEMENT PRACTICES FOR SUSTAINABLE FINANCE WITH SPECIAL REFERENCE TO CLIMATE RISKAbstract
In the dynamic landscape of finance, the integration of sustainability principles has become imperative to mitigate environmental and social risks while ensuring long-term economic viability. Finance executives are expected to explore the intricate relationship between sustainable finance, risk mitigation, and risk management strategies. They need to delve into the theoretical frameworks and practical applications. Moreover, any Financial Institution can navigate environmental, social, and governance (ESG) factors to foster sustainable development. In addition, they have to examine various dimensions of risk mitigation and management within the context of sustainable finance, encompassing methodologies such as ESG integration, impact investing, and green financing. Of course, there are several challenges and opportunities associated with sustainable finance initiatives and they all need to be analyzed to shed light on best practices and emerging trends. Furthermore, they have to be sensitized about the role of regulatory frameworks, industry standards, and stakeholder engagement in fostering a congenial environment for sustainable finance. Through collaborative efforts among financial institutions, regulators, and civil society, the present Paper advocates for a holistic approach to sustainable finance that balances risk mitigation with long-term value creation. By addressing the complexities of risk assessment and mitigation in sustainable investment portfolios, the Concept Paper aims to provide insights that can inform policy-making, investment decisions, and organizational strategies and offer a nuanced understanding of risk mitigation and management strategies that promote environmental stewardship, social equity, and financial resilience
KEYWORDS : Risk Mitigation; Risk Management; Sustainable Finance; Investment Decisions; and Climate Risk