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Third Roundtable of the ADBI-ADB Asian Climate Finance Dialogue (hosted by AMRO in Singapore)

Date & Time:

SEPTEMBER 17-18, 2024

Contact: By invitation only

The Third Roundtable will focus on climate finance, particularly transition finance approaches. Transition finance is an emerging concept, and while it aims at supporting the whole-of-economy transition, it is important to increase finance for decarbonization efforts of entities that (i) are emissions-intensive and hard-to-abate sectors (such as steel, aluminum, cement, and aviation), (ii) may not currently have a low- or zero-emission substitute that is economically available or credible in all relevant contexts, but (iii) are important for future socioeconomic development. To date, there is no consensual definition of transition finance, and countries and some subregions have tended to develop their own contextual approach.

The roundtable will provide an overview of existing frameworks and stimulate dialogue among jurisdictions on challenges related to scaling up transition finance. It will also cover taxonomies, especially focusing on transitional activities, which are increasingly being adopted by some Asian economies to increase credibility and transparency for investors. The event will be hosted by AMRO in Singapore.

This event is by invitation only.

Program

Time
Program

Day 1: Sep 17

9:30 AM – 9:35 AM

Opening of the roundtable by the Chair
Bruno Carrasco, Director General, CCSD, ADB

9:35 AM – 9:45 AM

Welcome Remarks

  • Kouqing Li, Director of ASEAN+3 Macroeconomic Research Office (AMRO)
  • Agnes Surry, Deputy Head of Capacity Building and Training (CBT), Asian Development Bank Institute (ADBI)

9:45 AM – 10:05 AM

Keynote Speech
Pamela Lee, Deputy Chief Sustainability Officer at the Monetary Authority of Singapore (MAS)

10:05 AM – 10:30 AM

Q&A

10:30 AM – 11:00 AM

Break

11:00 AM – 11:30 AM

Overview of Transition Finance Approaches
Sayuri Shirai, Advisor for Sustainable Policies, ADBI

11:30 AM – 12:00 PM

Q&A

12:00 PM – 1:30 PM

Lunch break

1:30 PM – 1:35 PM

Opening of afternoon session by the Chair
Agnes Surry, Deputy Head of Capacity Building and Training, ADBI

1:35 PM – 3:15 PM

Presentations on transition finance approaches
During this session, countries will present their plans to support the net zero transition or achievement of 1.5℃ goal, including how to promote emission reductions of entities in diverse sectors. It includes green finance and other climate finance.
6 jurisdictions (10 min each) + discussions (5 min after each presentation)

  • Cambodia
  • Georgia
  • Hong Kong, China
  • Indonesia
  • Japan
  • Republic of Korea

3:15 PM – 3:45 PM

Break

3:45 PM – 5:30 PM

Continuation of presentations on transition finance approaches
Chair: Junkyu Lee, Director, Finance, Sectors Group, ADB

Remaining jurisdictions (10 min each) + discussions (5 min after each presentation)

  • Lao PDR
  • Malaysia
  • Philippines
  • Thailand
  • Viet Nam

5:30 PM – 6:00 PM

Wrap-up of Day 1

Day 2: Sep 18

9:30 AM – 9:35 AM

Opening of Day 2 by the Chair
Sumit Agarwal, Managing Director, Sustainable and Green Finance Institute, President, Asian Bureau of Finance and Economics Research, National University of Singapore and ABFER

9:35 AM – 9:50 AM

Presentation on Taxonomies and the Results of the Questionnaire
Sayuri Shirai, Advisor for Sustainable Policies, ADBI

9:50 AM – 10:20 AM

Q&A

10:20 AM – 10:50 AM

Break

10:50 AM – 11:30 AM

Presentations on Taxonomies with Main Focus on Transitional Activities
Session Chair: Aziz Durrani, Team Lead & Senior Technical Assistance Specialist, AMRO

  • Indonesia, OJK
  • Thailand, SEC

11:30 AM – 12:30 PM

Q&A

12:30 PM – 12:35 PM

Closing Remarks
Yolanda Fernandez Lommen, Senior Advisor, CCSD, ADB

Speakers

Bruno Carrasco

Director General, CCSD, Asian Development Bank (ADB)

Bruno Carrasco

Director General, CCSD, Asian Development Bank (ADB)

Kouqing Li

Director, AMRO

Kouqing Li

Director, AMRO

Agnes Surry

Deputy Head of Capacity Building and Training, ADBI

Agnes Surry

Deputy Head of Capacity Building and Training, ADBI

Pamela Lee

Deputy Chief Sustainability Officer at the Monetary Authority of Singapore (MAS)

Pamela Lee

Deputy Chief Sustainability Officer at the Monetary Authority of Singapore (MAS)

Sayuri Shirai

Advisor for Sustainable Policies, ADBI

Sayuri Shirai

Advisor for Sustainable Policies, ADBI

Junkyu Lee

Director, Finance, Sectors Group, ADB

Junkyu Lee

Director, Finance, Sectors Group, ADB

Sumit Agarwal

Managing Director, Sustainable and Green Finance Institute, President, Asian Bureau of Finance and Economics Research, National University of Singapore and ABFER

Sumit Agarwal

Managing Director, Sustainable and Green Finance Institute, President, Asian Bureau of Finance and Economics Research, National University of Singapore and ABFER

Aziz Durrani

Team Lead & Senior Technical Assistance Specialist, AMRO

Aziz Durrani

Team Lead & Senior Technical Assistance Specialist, AMRO

Yolanda Fernandez Lommen

Senior Advisor, CCSD, ADB

Yolanda Fernandez Lommen

Senior Advisor, CCSD, ADB

Photots