Leveraging Carbon Finance for Mobilizing Private Capital in Southeast Asia

Southeast Asia has advanced its decarbonization efforts, but more ambitious action is needed to slow climate change. The region is well-positioned for the global shift to net zero, yet financing needs are immense and current investment falls short. Mobilizing private capital is therefore essential. Carbon finance offers a pathway by creating business opportunities, directing funds toward climate mitigation, and reducing investment risks when supported by clear, aligned policies on carbon pricing and markets.

The webinar will discuss the challenges and opportunities for countries in Southeast Asia in leveraging international carbon markets to pursue decarbonization pathways and achieve climate targets articulated under their respective Nationally Determined Contributions, raising ambition over time.

This event is organized by the ASEAN Catalytic Green Finance Facility (ACGF) in collaboration with Climate Change and Sustainable Development and hosted by ADB’s Southeast Asia Development Solutions (SEADS) platform. ACGF, an initiative of the ASEAN Infrastructure Fund jointly owned by ASEAN governments and ADB and managed by ADB, helps Southeast Asian governments prepare and finance green infrastructure projects that advance sustainability and climate resilience.

Speakers

• Deanna Tan, Deputy Director, Carbon Mitigation, Ministry of Trade and Industry, Singapore
• Sidarth Bali, Assistant Vice-President, Carbon Renew Power Synergy Private Limited
• Kasia Lewis, Partner, Ernst & Young Law
• Albert Magalang, Chief Environmental Management Specialist, Climate Change Service, Department of Environment and Natural Resources, Philippines
• Marina Ädel, Program Manager, International Climate Cooperation, Swedish Energy Agency
• Moderator: Virender Kumar Duggal, Unit Head, Carbon Markets, Asian Development Bank