This was evident from the fact that he was Pakistan’s first High Commissioner to India; the first Governor of the State Bank of Pakistan, the first Chairman of the Planning Commission Board and the Taxation Inquiry Committee; and the author of Pakistan’s first Five Year Plan.
Accordingly, this study demonstrates the salience and feasibility of climate stress testing for the financial planning of the financial sector and the supervisory strategies of central banks and financial regulators. Turning to the regulation and supervision of firms and markets, climate change poses several challenges.