Virtual Policy Dialogue on Post COVID-19 Fiscal Instruments and Green Development
Event |
24 - 26 February 2021
Online
Time of event
Day 1: 11:00–16:10 Tokyo time
Day 2: 11:00–16:00 Tokyo time
Day 3: 11:00–15:20 Tokyo time
Summary
The 2030 Sustainable Development Goals and the Paris Agreement on climate change provide robust frameworks for advancing sustainable COVID-19 recovery in Asia and the Pacific. However, increasing fiscal challenges threaten to undermine their potential to promote green investment and growth.
This ADBI-Indonesia Ministry of Finance-University of Indonesia virtual policy dialogue examined COVID-19 era fiscal instruments and green development in Asia and the Pacific. The focus was on emerging sustainable finance opportunities, fiscal hurdles, and policy solution.
Objectives
- Assess financing conditions for green development in Asia and the Pacific amid the COVID-19 pandemic and beyond
- Spotlight sustainable investment challenges and opportunities for promoting COVID-19 recovery and the Sustainable Development Goals
- Describe policy strategies for accelerating green development and the realization of National Determined Contributions under the Paris Agreement
Participants
- Government officials from ADB member economies as well as policy researchers and experts for think tanks, international organizations, and other institutions
Output
- Enhanced understanding of COVID-19 era green investment and development in Asia and the Pacific
- Identification of policies for enhancing sustainable finance and pandemic recovery
- Papers presented during the event will be considered for inclusion in an ADBI book
- Webinar recording and presentation materials to be uploaded on the ADBI website
Partners
- Fiscal Policy Agency, Indonesia Ministry of Finance
- Institute for Economic and Social Research, University of Indonesia
Conference Presentations
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Day 1: Keynote Address: Environmental Taxation in Asia: Grasping the Opportunities |
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Day 1: Introduction of Book Publication: Fiscal Policy Instruments and Green Development |
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Session 1.1.1: The Role of Project Rating and Guarantee Provision in Addressing the Financing Gap of Green Projects through Green Bonds |
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Session 2.1.2: Discussion on the Effects of Fiscal Policy on the Realization of NDC and SDG Targets of Indonesia: CGE Model |
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Session 2.2.1: Policy Instruments and Their Interactions Promoting Green Energy in India: A Critical Analysis |
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Session 2.2.2: Discussion on Policy Instruments and Their Interactions Promoting Green Energy in India: A Critical Analysis |
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Session 2.3.1: Country Presentation: People’s Republic of China |
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Session 3.1.1: Ongoing Transition toward Low-Carbon Energy System in Republic of Korea: Achievements and Challenges |
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Session 3.2.1: The Economic Impacts to Achieve PRC’s NDC with Carbon Emission Trading Scheme: A CGE Analysis |
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Day 2: Keynote Address: Measuring Sustainable Progress for SDGs |
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Session 4.1.1: Financing Green Energy in a Post-COVID World: Building Back Cleaner, and more Resilient Energy Systems |
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Session 4.2.1: A Public Private Partnership Grand Bargain for the Green Climate Fund (GCF) |
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Session 4.3.1: Country Presentation: Cambodia |
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Session 5.1.1: Carbon Tax Adoption: Pathway to Green Indonesia |
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Session 5.1.2: Discussion on Carbon Tax Adoption: Pathway to Green Indonesia |
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Session 5.2.1: Luxury Tax on Motor Vehicles in Indonesia: Should It be Reformed? |
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Session 5.2.2: Discussion on Luxury Tax on Motor Vehicles in Indonesia: Should It be Reformed? |
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Session 5.3.1: Fiscal Policy Integration for Green Development in Bangladesh |
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Session 5.4.1: Country Presentation: Indonesia |
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Session 6.2.1: Policy Incentives on Mitigating CO2 Emissions from the Passenger Cars in Five Major Asian Economies: Analysis using FTT-Transport Model |
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Session 6.3.1: Country Presentation: Philippines |
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Day 3: Keynote Address: Green Recovery Financing Mechanisms at the Subnational Level |
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Session 7.1.1: Fiscal Instrument for Boosting Sub-National Government Contribution to Reducing Impacts of Climate Change: Indonesia’s Action Plan on Reducing Marine Debris |
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Session 7.1.2: Discussion on Fiscal Instrument for Boosting Sub-National Government Contribution to Reducing Impacts of Climate Change: Indonesia’s Action Plan on Reducing Marine Debris |
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Session 7.2.1: Determinants of Green Budgeting at Indonesia’s Local Governments: What Matters and Strategies for Improvement |
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Session 7.2.2: Discussion on Determinants of Green Budgeting at Indonesia’s Local Governments: What Matters and Strategies for Improvement |
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Session 8.1.1: Determinants of Green Development Implementation in Local Governments of Indonesia and Its Impact to Local Fiscal Independence |
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Session 8.1.2: Discussion on Determinants of Green Development Implementation in Local Governments of Indonesia and Its Impact to Local Fiscal Independence |
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Session 8.2.1: Ecological fiscal transfer in Indonesia: key lessons learned from Berau Regency, East Kalimantan Province |
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Session 8.2.2: Discussion on Ecological fiscal transfer in Indonesia: key lessons learned from Berau Regency, East Kalimantan Province |
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Session 8.3.1: Sustainability and Equality Tendency Challenge: Regional evidence from Indonesia |
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Session 8.3.2: Discussion on Sustainability and Equality Tendency Challenge: Regional evidence from Indonesia |