Climate Finance

Mitigation Heavyweights: Effective NDCS for the Building Sector

The building sector exhibits massive untapped potential for climate mitigation and adaptation: buildings accounted for the largest share of energy-related CO2 emissions (38 percent) in 2019. With rising incomes, urbanization, and population growth, the built surface is set to double by 2060. Most new buildings are highly inefficient when it comes to energy consumption. Given the current average lifetime of a building (30 to 80 years), there is an enormous risk of high-carbon lock in.

Decoding Article 6 of the Paris Agreement Version II

More than 2 decades ago, the public debate focused largely on how to design a single global market for trading carbon units as the key instrument for addressing global climate change. The argument emphasized that since 1 ton of a greenhouse gas emitted anywhere in the world has the same climate change consequences for everyone, a single global market would be an economically desirable outcome, equalizing incentives to reduce emissions everywhere. Today, this late-1990s dream of a top-down global design seems far away, if not impossible.

THAILAND: the state of the green bond markets

This webinar will:

  • Discuss on green finance opportunities and challenge in Thailand
  • Raise awareness of what is green and where to invest
  • Promote green bond issuance as a tool to finance green investment in Thailand

Date: Friday, 7th August, 2020

Time: 07:30 London / 13:30 Ho Chi Minh / 14:30 Singapore

Moderator:

  • Khun Kosintr Puongsophol, Financial Sector Specialist, Asian Development Bank

Speaker:

ADB Green Bonds

Climate change, ocean pollution, and disasters from natural hazards have also placed a heavy burden, especially on the poor and vulnerable. Further, these challenges are magnified by the coronavirus disease (COVID-19) pandemic that has become a global emergency in 2020, requiring forceful action at the national, regional, and international levels. Although it remains uncertain when the COVID-19 pandemic will end, economic and social impacts on the region will be significant.