On 30 June 2021, the Asian Development Bank Institute (ADBI) will host a webinar on Scaling Up Green Finance in Asia.
Fully implementing the Paris Agreement to limit global warming to 1.5 degrees Celsius and prevent the catastrophic effects of climate change will require $1.5 trillion in green financing annually through 2030, according to the United Nations Framework Convention on Climate Change. At the same time, boosting green finance will be key to meeting Asia’s surging energy demand fueled by economic growth and increasing consumption.
This virtual ADBI session will spotlight policies for promoting green finance in Asia, to take place during the 96th Western Economic Association International Annual Conference. It will feature presentations and discussion based on papers on scaling up green finance in the region published in an ADBI special issue of the Journal of Sustainable Finance & Investment and ongoing ADBI research.