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IndusInd Bank Joins Forces with UNICEF to Enhance Climate Resilience.

Banking & Finance | Dated: 27 Nov 2024

On November 21, 2024, IndusInd Bank and the United Nations Children's Fund (UNICEF) formalised a partnership aimed at enhancing disaster resilience and climate risk management through the initiative 'Disaster Resilient Communities and Climate Risk-Informed Efficient Administrative Systems'.

🎯 Key Highlights:

  • - This initiative is part of IndusInd Bank's flagship Corporate Social Responsibility (CSR) program, the Holistic Rural Development Program (HRDP), which incorporates a Climate Action component designed to elevate the standard of living and economic empowerment in Aspirational Districts.
  • - The program specifically targets improved natural resource management and income generation in five districts: Dharashiv (Maharashtra), Begusarai (Bihar), Virudhunagar (Tamil Nadu), Baran (Rajasthan), and Bahraich (Uttar Pradesh).

💡 Other Important Facts:

  • (i) In addition to IndusInd Bank and UNICEF, the program involves key stakeholders such as the CSR Trust for Sustainable Development Goals (SDGs) in India, Tufts Clinical and Translational Science Institute (CTSI), Indian Institute of Technology (IIT) Gandhinagar, Gorakhpur Environment Action Group (CEAC), and Mission Samriddhi.
  • (ii) Key initiatives within the program include the development of real-time monitoring systems, early warning mechanisms, and advisory services aimed at mitigating climate risks such as droughts, floods, and heatwaves.
  • (iii) These measures are designed to build long-term climate resilience and empower communities to adapt to environmental challenges.

📚 Test Your Knowledge:

Recently, IndusInd Bank partnered with which organization to promote climate resilience?

Correct Answer: UNICEF

🚀 Quick Recap:

About Indusind Bank

  • MD & CEO : Sumant Kathpalia
  • Headquarter : Mumbai