Unlocking capital for sustainability is an annual flagship event on sustainable finance for Asia Pacific organised by Eco-Business in partnership with UN Environment Programme (UNEP) that brings together high-level decision makers in finance, business, government and civic society to discuss and commit to actionable initiatives that mobilise the capital markets for sustainable development.
Through our plenaries and regional forums, we spotlight the key mechanisms that will unlock capital for Asia’s transition, outline the frameworks needed to make finance an effective tool for hard-to-abate sectors and chart a path for building an equitable, net zero transition.
Unlocking capital for sustainability 2023 featured a series of forums hosted in Philippines, Indonesia and Malaysia over August and September before culminating in the Singapore summit on 27th and 28th September 2023, held alongside the UN General Assembly Week and in the run up to the COP28 UNFCCC climate change meeting in November 2023 in Dubai, United Arab Emirates.
Visit our website: www.unlockingcapitalforsustainability.com.
Conversation highlights
Asia’s net-zero transition requires between US$26 trillion and US$37 trillion in investments over the next three decades to meet the Paris Agreement targets, according to the Asian Investor Group of Climate Change (AIGCC).
But against the backdrop of volatile global macroeconomic conditions and geopolitical ruptures, closing the region’s trillion-dollar climate financing gap is becoming increasingly elusive, despite being high on the international agenda.
Leaders and decision-makers from the government, financial institutions and civil society across the region convened at Unlocking capital for sustainability 2023 to discuss the types of financing structures and partnerships needed to hasten Asia’s shift to clean energy, while ensuring that the need for a just transition to minimise economic hardship for communities and workers is not used as an excuse to delay ambitious climate action.
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