The unprecedented commitments made through Nationally Appropriate Mitigation Action show that Asian economies aim to implement green-growth policies as they offer substantial benefits, such as improved air and water quality in cities, reduced traffic congestion, and improved housing, all of which complement the climate change agenda.
However, the constraint is not the availability of appropriate technology, but the cost of accessing finance to bridge the viability gap in adopting these "best available" green growth technologies. Accessing finance to support green growth programs therefore depends on the policy and incentives frameworks that lead to measurable green growth outcomes. The seminar will discuss the new financial instruments and reforms needed to accelerate low-carbon green growth in Asia.
ADBI website