Southeast Asia needs to rapidly mobilize private funds to meet the region's financial needs of $210 billion per year in adaptation and mitigation investments.
Southeast Asia needs to design and develop more bankable projects in order to mobilize private capital to finance its climate ambitions, said experts at the Asian Development Bank's (ADB) third Southeast Asia Development Symposium (SEADS).
In a panel, "Accelerating Climate Finance for Green Recovery," speakers explored steps needed to rapidly mobilize climate finance in Southeast Asia and presented examples and initiatives on strengthening the enabling environment and policy frameworks for green and climate finance.
Speakers
- Moderator: Naeeda Crishna Morgado, Infrastructure Specialist (Innovation and Green Finance), ADB
- Lyn Javier, Assistant Governor, Bangko Sentral ng Pilipinas
- Eugene Wong, CEO, Sustainable Finance Institute Asia; ASEAN Taxonomy Board Edwin
- Syahruzad, President Director, PT Sarana Multi Infrastruktur
- Sean Kidney, CEO, Climate Bonds Initiative
- Anouj Mehta, Country Director, Thailand Resident Mission; Unit Head, ASEAN Catalytic Green Finance Facility, ADB
SEADS 2022, "Sustainable Solutions for Southeast Asia's Recovery," was held on 16–17 March.
