Green Financing Needed to Shift to a Low Carbon and Climate Resilient Growth
Achieving the Sustainable Development Goals (SDGs) presents a major financing challenge made even more daunting by the setback and fiscal stresses created by the coronavirus disease (COVID-19) pandemic.
In this panel discussion, "Unlocking Finance for the SDGs: Rising to the Challenge to Build Back Better," during the Asian Development Bank's (ADB) third Southeast Asia Development Symposium (SEADS), experts focused on unlocking financing for the SDGs and explored how governments, private sector, and other partners in the region are innovating to rise to this challenge.
The speakers agreed supporting a just transition to low carbon and climate resilient development pathways is key. Tapping and steering the widest possible range of sources of finance will be essential, including through SDG-focused domestic resource mobilization, capital market engagement, and private sector partnerships.
- Moderator: Smita Nakhooda, Senior Results Management Specialist, ADB
- Naina Batra, CEO, Asian Venture Philanthropy Network
- Lu Shen, Director, Results Management and Aid Effectiveness Division, Strategy, Policy and Partnerships Department, ADB
- Radhika Lal, SDG Finance Policy Advisor, United Nations Development Programme
- Luky Alfirman, Director General, Budget Financing and Risk Management, Ministry of Finance, Indonesia
SEADS 2022, "Sustainable Solutions for Southeast Asia's Recovery," was held on 16–17 March.