ADBI-ADB Asian Climate Finance Dialogue
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The Asian Development Bank Institute (ADBI), in collaboration with the Asian Development Bank (ADB), launched a new initiative to promote policy actions by governments, financial regulators, and central banks to facilitate the understanding of climate-related information disclosure and to scale-up climate finance while ensuring financial sustainability.
As the climate bank for Asia and the Pacific, ADB is committed to playing a pivotal role in mobilizing private capital to help economies boost climate finance, achieve the Paris Agreement goals, and respond to the climate emergency. The Asian Climate Finance Dialogue strives to put targets back on track by narrowing financing gaps that curtail progress toward carbon neutrality.
This ADBI-ADB joint project provides a platform for information sharing between regulators involved in climate finance through a series of roundtables and capacity-building workshops. The platform includes key information, such as the implementation of the International Sustainability Standards Board standards, Scope 3 emission disclosure, climate stress testing, climate scenarios, taxonomies, and others. More information related to the platform can be found below.
Project Objectives
- Raise awareness of the importance of climate-related information disclosure and promote appropriate policy actions by governments and financial regulators to scale-up climate finance while ensuring financial stability.
- Stimulate policy dialogue on these topics.
- Share information on countries’ practices through a data portal.
Contacts
- Agnes Surry, Deputy Head of Capacity Building and Training and Senior Economist, ADBI
- Sayuri Shirai, Advisor for Sustainable Policies, ADBI
- Yolanda Fernandez Lommen, Senior Advisor, Climate Change and Sustainable Development (CCSD) Department, Asian Development Bank (ADB)
- Derek Hondo, Capacity Building and Training Coordinator, ADBI
Related Papers
- Promoting Corporate Climate Action Through Greenhouse Gas Accounting
- Promoting Global Greenhouse Gas Accounting to Drive Corporate Climate Actions and Asian Practices
- Results of the Survey on Financial Regulators’ Initiatives Regarding Corporate Climate-Related Disclosures: ADBI–ADB Climate Finance Dialogue Progress Report
- An Overview of Approaches to Transition Finance for Hard-to-Abate Sectors
- Promoting Sustainable Finance and Financial Stability Through Climate-Related Corporate Disclosure in Asia
- Global Climate Challenges, Innovative Finance, and Green Central Banking
- Enhancing the Credibility of Corporate Climate Pledges – Bringing Climate Transition Plans and Climate Scenario Analysis into the Mainstream
- How to promote green central banking and climate-related monetary policy in developing Asia
- Promoting innovative climate finance in emerging and developing economies
- Central bank initiatives essential for developing effective sustainable finance markets
- Asia’s clean energy investment needs and the role of blended finance
- Asia in need of dialogue for scaling up climate transition finance
Upcoming Events
- Third Roundtable of the Asian Climate Finance Dialogue
- Second Training Workshop on Corporate Climate Disclosure
Past Events
- Fostering Dialogue on Climate Finance Among Asian Central Banks: Issues in Disclosure and Reserve Management
- 57th ADB Annual Meeting Side Event: Mobilizing Climate Financing and Ensuring Financial Stability – How Can Asia Pacific Respond to Climate Finance Risks?
- Capacity Building Workshop on Corporate Climate Finance
- Second Roundtable of the Asian Climate Finance Dialogue
- First Roundtable of the Asian Climate Finance Dialogue
In the Spotlight
- How Can Policy Makers Help Strengthen Corporate Climate Disclosure to Scale Up Private Climate Finance?
- Listen to Sayuri Shirai on The Asia Climate Finance podcast (external link)
- Greening the Financial System: ADBI Highlights Need for More Collaboration at Central Bank Event in Mongolia
- Webinar Series on the Economics of Climate Change Episode 5: Putting Corporate Climate Disclosure at the Center of National Climate Strategies to Scale Up Private Climate Finance
- Combatting climate change: How can Asia and the Pacific respond to climate finance risks?
- More Work Needed to Promote Corporate Climate-Related Disclosure in Asia and the Pacific
Project Data
The figures are compiled from the results of the ADBI-ADB survey on corporate climate-related disclosure progress that was conducted between November 2023 and January 2024 and responded by 12 Asian economies. The survey aims to understand the current status of financial regulators’ stance regarding climate-related corporate disclosure. In particular, attention was given to their progress pertaining to TCFD (Taskforce on Climate-Related Financial Disclosure) recommendations and the current situation of preparing for ISSB (International Sustainability Standards Board) standards.
For further information regarding this survey, please access the ADBI policy brief via this link.