Bank of Palestine Advisory

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The support to BoP will be delivered through the two components (i) ESG and (ii) Climate Risk, divided into the following six (6) pillars: i) ESG Component: • Pillar I: Review and strengthen the Group Governance Frameworks for BOP and its main subsidiaries, ensuring appropriate linkages, synergies, and commitment to good corporate governance across the group. • Pillar II: Capacity building for an environmental and social management system (ESMS) and E&S due diligence (ESDD) to support the Bank’s identification and management of E&S risks • Pillar III: Support the Bank’s development of a sustainability strategy for BOP to address material sustainability issues. • Pillar V: Build capacity on Climate Governance, specifically how the Board can oversee that the Bank can identify and respond to climate risks and opportunities. • Pillar VI: Review BOP’s women on board and leadership gender practices to ensure that gender-related concerns are adequately addressed in the bank’s governance and policies. ii) Climate Risk Component: • Pillar IV: Assess BOP’s loan portfolio for potential climate-related risks and help develop a methodology to incorporate the appropriate risk appetite and governance framework into the Bank’s overall risk management system.