ASEAN+3 economies are contributing to the global climate initiative under the Paris Agreement of 2015 to mitigate climate change risks due to global warming. In this context, AMRO staff have compiled a database to track the region’s climate commitments, the respective national roadmaps and frameworks toward fulfilling those commitments, as well as the estimated financing requirements. The database also takes stock of the development of guidelines and regulations to increase the resilience of ASEAN+3 financial systems to climate-related risks and scale up financing for the low-carbon transition. Climate-related initiatives in the advanced economies (EU and US) and guidelines by international standard-setting bodies are also presented as benchmark references.
Tools and Databases