ADBI Session on Scaling Up Green Finance in Asia (96th Western Economic Association International Annual Conference)

Event | 30 June 2021
Online

Time of event

09:50–11:45 Tokyo time

Summary

Fully implementing the Paris Agreement to limit global warming to 1.5 degrees Celsius and prevent the catastrophic effects of climate change will require $1.5 trillion in green financing annually through 2030, according to the United Nations Framework Convention on Climate Change. At the same time, boosting green finance will be key to meeting Asia’s surging energy demand fueled by economic growth and increasing consumption.

This virtual ADBI session spotlighted policies for promoting green finance in Asia, taking place during the 96th Western Economic Association International Annual Conference. It featured presentations and discussion based on papers on scaling up green finance in the region published in an ADBI special issue of the Journal of Sustainable Finance & Investment and ongoing ADBI research.

Objectives
  • Explore green finance trends in Asia
  • Highlight policies for promoting green finance growth in the region
Participants
  • Policy researchers, policy makers, and private sector experts
Output
  • Enhanced understanding of conditions for green finance in Asia and ways to accelerate its growth
  • Greater impetus for green finance research, dialogue, and collaboration
Partner
  • Western Economic Association International
Conference Presentations

Presentation 1.1: Policy Support in Promoting Green Bonds in Asia: Longitudinal Multilevel Model
Dina Azhgaliyeva, Research Fellow, Asian Development Bank Institute, Japan

Slide

Presentation 2.1: What Matters for Private Investment Financing in Renewable Energy Globally and in Asia?
Ranjeeta Mishra, Consultant, Asian Development Bank Institute, Japan

Slide

Presentation 3.1: Sustainable Finance in Japan
Kim Schumacher, School of Environment and Society, Tokyo Institute of Technology, Japan; School of Geography and the Environment, University of Oxford, United Kingdom

Slide

Presentation 3.2: Discussion of Sustainable Finance in Japan
Dina Azhgaliyeva, Research Fellow, Asian Development Bank Institute, Japan

Slide

Presentation 4.1: Regulatory Incentives for Green Bond Issuance in PRC
Hao Zhang, Assistant Professor, Faculty of Law, The Chinese University of Hong Kong, Hong Kong, China

Slide

Presentation 4.2: Discussion of Regulatory Incentives for Green Bond Issuance in PRC
Ranjeeta Mishra, Consultant, Asian Development Bank Institute, Japan

Slide