Session 1: Green and Blue Finance: New Tools to Fight Climate Change
20 June 2022 • 1:40–3:10 p.m. (in UTC/GMT +8 hours)
The impacts of environmental problems such as climate change, pollution and overfishing require massive capital to finance ways to reduce pressure on ecosystems and communities. The current financing gap in green and blue finance in Asia is due to several challenges that investors face in scaling financing towards both.
This session will discuss a range of solutions for closing this gap. These will focus on:- The role of institutional investors, such as in conceptualizing and piloting new green financial instruments including (e.g. green, climate, mitigation or carbon bonds) by tapping the capital markets and collaborating with regulators and building long-term internal capacity for ongoing innovation.
- How MDBs can provide support, e.g., by supporting needs assessment at the country level; or spearheading strategic initiatives, with the ADB Plan for Healthy Oceans and the ADB Oceans Finance Initiatives being cases in point.
Sharanjit Leyl
Senior Broadcast Journalist - Presenter
BBC News
Denton Rarawa
Senior Economic Adviser Economic Policy Team
Pacific Islands Forum Secretariat
Eleazar Ricote
Deputy Executive Director
Public-Private Partnership
Center of the Philippines
Ernst Rauch
Geophysicist
Climate & Public Sector Business Development
Munich Re
Regula-Schegg
Managing Director for Asia
Circulate Capital Singapore