Transitioning to a zero-carbon economy remains one of the greatest challenges facing the planet, critical to ensuring we hit international targets to tackle climate change and save the natural world from irreversable degradation.
Finance has a huge role to play in this challenge. The green label is well-established and is the foundation of a climate-concious market that has been soaring in recent years. However, a serious-shot at transtition of a global economy will require efforts from all sectors, and the green label alone leaves the sustainable debt market too exclusive. Finance needs to also be targeted at higher-emmission sectors that can be steered into a green future.
Climate Bonds Inititiative has been working to cultivate principles for a transition market since the release of the Financing Credible Transition Paper in September 2020. Reaching clear definitions on Transition Finance that are ambitious, inclusive and felxible will mobilise finance to support the campaign for a net-zero future in accordance with international targets.
Asia-Pacific is one of the regions in the world most vulnerable to the effects of climate change. If the region continues to operate under business-as-usual, the consequences will be severe for the region’s environment and economy.
There is a pressing need for Asia-Pac governance and markets to show climate leadership. The era of transition finance can offer the solutions for the region away from emmission intensive activities.
Join us for an insightful discussion with guest speakers on the opportunity that Transition Finance poses for a sustainable future for ASEAN.
1. Mr. Vu Chi Dzung, Director-General
International Cooperation Department (ICD)
State Securities Commission of Viet Nam (SSC)
2. Ms. Emma Sri Martini, Director of Finance
PT Pertamina, Indonesia
3. Mr. Eric Nietsch, CFA, Head of ESG Asia
Manulife Investment Management
4. Sean Kidney, CEO, Climate Bonds Initiative
5. Justine Leigh-Bell, CEO, Climate Bonds Initiative
6. Michelle Horsefield, Climate Transitions Manager, Climate Bonds Intititive