Greening Financial Systems and the Role of MDBs
Thursday, 18 May 2023
(All times in Philippine Standard Time = UTC+08:00)
| Time | Program |
| 12:00-14:00 (120 mins) | Registration Networking Lunch |
| 14:00-14:05 (5 mins) | Opening events
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| 14:05-15:05 (60 mins) | Session 2: How supervisors and regulators in Asia are supporting green financial markets Some Asian countries have extensive experience in managing climate risks for the financial sector and supporting its transition to green finance, while others are only at the beginning of this journey. What crucial lessons, recommendations, and requests do the former have for other financial supervisors and regulators, and the ADB? Moderator: Chief Sustainable Finance Officer,
Dr. Kim Kwang Il Anar Sadykova Bushra Shafiq (virtual) |
| 15:05–15:30 (25 mins) | Break |
| 15:30–16:30 (60 mins) | Session 3: Role of multilateral development banks and international financial institutions in the transition to more resilient and greener financial systems Multilateral development banks (MDBs) are committed to aligning their operations with the 2015 Paris Agreement,which will affect all facets of their activities. MDBs can also play a catalyzing role in the transition to more resilient and greener financial systems. This session will showcase the challenges MDBs face and the approaches theyhave developed to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and mobilize capital for low-carbon and climate-resilient investments. Moderator: Syed Hussein Quadri (virtual) Director of Resilience & Climate Action Department Islamic Development Bank |
| 16:30–17:30 (60 mins) | Roundtable: How private sector can leverage multilateral development banks to support the transition to net zero The multilateral development banks can assist financial supervisors as they seek to ensure that financial institutions manage climate risks. They can support them in implementing mitigating measures. And they can support the transition—the scenario that minimizes climate risks—by scaling up green finance to mobilize the funds needed for the transition. Moderator: Managing Director, Deputy Global Head of Energy, Renewables & Infrastructure Conor Donaldson
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| 17:30–17:40 (10 mins) | Closing Event
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