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 will examine COVID-19 era fiscal instruments and green development in Asia and the Pacific. The focus will be on emerging sustainable finance opportunities, fiscal hurdles, and policy solutions.

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