AGENDA FOR DECEMBER 5

* All times are in Tokyo time (GMT+9)

2:00 PM – 2:30 PM

Opening Remarks

• Yoshiki Takeuchi, Deputy Secretary General, Organisation for Economic Co-operation and Development (OECD)
• Byungsik Jung, Deputy Dean, Asian Development Bank Institute (ADBI)
• Tetsuya Watanabe, President, Economic Research Institute for ASEAN and
  East Asia (ERIA)
• Roberta Casali, Vice President for Finance and Risk Management, Asian
  Development Bank (ADB)
• Kouqing Li, Director, ASEAN+3 Macroeconomic Research Office (AMRO)

2:30 PM – 2:40 PM

Photo session

2:40 PM – 4:10 PM

Session 1. Fostering Climate Transition Finance in Emerging Asia

Climate change is a pressing issue that requires urgent action and climate transition
finance, particularly remains a significant challenge in Emerging Asia. In response
to this challenge, for instance, guidelines for transition finance was created recently
to help facilitate climate finance in ASEAN. However, climate finance in the Asia-
Pacific region currently falls short by roughly USD 800 billion annually (IMF, 2024).

This session will explore several types of instruments available for transition
finance, as well as how the banking sectors in the region can encourage green
practices. Examples include various types of blended finance.
The session will also examine how policymakers can adopt green finance
regulations and prevent circumvention of those regulations by greenwashing
techniques in ASEAN.

Moderator:

• Kensuke Molnar-Tanaka, Head of Asia Desk, OECD Development
  Centre

Panelists:

• Hideki Takada, Director, GX (Green Transformation) Acceleration Agency,
  Japan
• Chananun Supadulya, Director, Bank of Thailand
• Cicilia Harun, Head of Research, Bank Indonesia Institute
• Mami Negishi, Managing Director, Sustainability Solutions Department,
  Daiwa Securities Co. Ltd.

Open discussion and Q&A

4:10 PM – 4:25 PM

Short Break

4:25 PM – 5:55 PM

Session 2. Financing Climate Disaster Risk in Emerging Asia

Not only is climate change increasing the frequency and intensity of typical natural
hazards, but it is also producing disasters that are explicitly climate driven.

Effective disaster risk financing requires formulating a grand design that covers the
entirety of the economy. Coherent strategies for building financial resilience to
disasters involves an integrated approach. The financial aspect of such a grand
design will have two main pillars: a risk-pooling function, typically in the form of
insurance; and a risk-transfer function, typically in the form of insurance-linked
securities.

This session will explore policies for financing the development of resilience to
various types of disasters using a variety of financial tools in Asia.

Moderator:

• Aladdin D. Rillo, Managing Director, ERIA

Panelists:

• Muto Megumi, Vice President and Chief Sustainable Officer, JICA
• John Zhu, Chief Economist Asia Pacific, Swiss Re Institute
• Yogi Rahmayanti, Director for Regional Cooperation, Ministry of Finance,
  Indonesia
• Jun Runas, Finance Integration Division, ASEAN Secretariat

Open discussion and Q&A

5:55 PM – 6:00 PM

Closing Remark

AGENDA FOR DECEMBER 6

9:15 AM – 9:45 AM

Asian Regional Roundtable Special Policy Maker Keynote Speech Series

Satoshi Ikeda, Chief Sustainable Finance Officer, Financial Services Agency of
Japan

Introduction: Prasiwi Ibrahim, Deputy Head of Asia Desk, OECD Development
Centre

Q&A

9:45 AM – 11:15 AM

Session 3. Developing Carbon Pricing Schemes in Emerging Asia

Carbon pricing has emerged as a critical tool for reducing greenhouse gas (GHG)
emissions. Common carbon pricing tools include carbon taxes, emissions trading
schemes, carbon credits and border carbon adjustments (e.g. EU CBAM). The
benefits and challenges of implementing each type of instrument will come under
examination.

This session will explore the discussion of the economic benefit and costs of
introducing carbon pricing, selecting the optimal mix of instruments and scope of
coverage for a carbon pricing scheme, developing capacity and expertise in
emissions measurement in Asia.

The session will also examine the effects of international and potential regional
carbon pricing scheme in Asia.

Moderator:

• Abdul Abiad, Director, Macroeconomics Research Division, ADB

Panelists:

• Naoyuki Yoshino, Professor emeritus of Keio University and former Dean
  of ADBI
• Marthe M. Hinojales, Senior Economist, Regional Surveillance, AMRO
• Kanittha Tambunlertchai, Associate Professor and Lecturer, Faculty of
  Economics, Chulalongkorn University, Thailand
• Yi Jiang, Principal Economist, ADB

Open discussion and Q&A

11:15 AM – 11:30 AM

Short Break

11:30 AM – 1:00 PM

Session 4. Using Artificial Intelligence to Face Climate Challenges

Artificial Intelligence (AI) is rapidly becoming an integral part of societies, serving
as a driver of economic growth and social development. While Emerging Asian
countries have made significant strides in developing national AI strategies,
enhancing AI governance frameworks, and promoting AI R&D and applications
across various sectors, they are still facing general challenges, including insufficient
legal and regulatory frameworks, limitations in infrastructure and talent, the rapid
transformation of industries and workforces, and uneven development across the
region.

In particular, the application of AI technology to climate issues faces unique
challenges, such as the accessibility and complexity of climate data, the
multidisciplinary nature and reliability requirements of climate models, and the
further impact of AI applications themselves on climate change.

This session will focus on what policymakers need to consider when adopting AI
technologies in climate change policies to maximize benefits while mitigating risks.

Moderator:

• Riznaldi Akbar, Senior Capacity Building and Training Economist,
  ADBI

Panelists:

• Dil Rahut, Vice Chair of Research, ADBI
• Lili Yan Ing, Senior Economist, ERIA
• Nicholas Drury, Cambridge Centre for Alternative Finance, University of
  Cambridge

Open discussion and Q&A

1:00 PM – 2:00 PM

Lunch break

2:00 PM – 3:30 PM

Session 5. Strengthening Awareness and Education for Climate Challenges

Awareness of climate change is one of the important components of adaptation
efforts. However, lack of knowledge and awareness is a major barrier to climate
change adaptation for many countries in the region. Many people view climate
change as a problem that will not affect them or their families. Therefore, climate
change education is crucial to enhancing adaptive capacity, ensuring effective
public engagement and thus reducing vulnerability. Additional barriers to support
for green transition measures include their perceived regressive nature and
ineffectiveness. Therefore, appropriate messaging in these areas will be essential
to building public support for such policies.

This session will focus on strengthening awareness and education in response to
climate challenges and how governments can facilitate enhancing climate change
knowledge to support climate change adaptation efforts.

Moderator:

• Allen Ng, Group Head and Principal Economist, AMRO

Panelists:

• Miyako Ikeda, Senior Analyst, OECD Directorate for Education and Skills
• Melinda Martinus, Lead Researcher, ASEAN Studies Centre, Climate
  Change in Southeast Asia Programme, ISEAS
• Jose Ramon G. Albert, Senior Research Fellow, Philippine Institute for
  Development Studies, and former Chief Statistician of the Philippines/
  Secretary General of the National Statistical Coordination Board

Open discussion and Q&A

3:30 PM – 3:45 PM

Closing Remarks