ADFIAP, represented by its Secretary General Mr. Enrique Florencio spoke at the 4th CEFIA Government-Private Forum on 16th February 2023 at the Bai Hotel Cebu, Philippines, and shared ADFIAP’s over two decades journey of embracing and embedding the principles of EESG (economic, environmental, social, and governance) together with its member-DFIs and their contribution in accelerating transition finance. At the 4th CEFIA Forum, ASEAN+3 government officials, international organizations, universities, and private companies gathered on-site or online and shared progress on activities and discuss future activities aimed at energy transition towards a decarbonized energy system in the ASEAN region.

Further, Mr. Florencio highlighted ADFIAP’s collaboration with CEFIA which has been very instrumental in enriching the understanding and capacities of its member DFIs in identifying and financing transition projects and broadening their knowledge of financial programs and products through the capacity-building programs.
The 4th CEFIA Forum was hosted by the Department of Energy, Government of the Philippines, in cooperation with the Ministry of Economy, Trade and Industry (METI) of the Government of Japan, with support from the ASEAN Centre for Energy (ACE). The CEFIA Forum was held back-to-back with the 17th ASEAN+3 NRE and EE&C Forum.

The ADFIAP Secretariat, led by Secretary General Mr. Enrique I. Florencio, met with Mr. Nishaman Karunapala, the new Managing Director and CEO of HDFC Bank of Sri Lanka, via Zoom. Mr. Florencio briefed Mr. Karunapala on ADFIAP’s mission, purpose, and advocacies, and invited him and his management team to the upcoming 46th Annual Meetings, which will be held in Almaty, Kazakhstan on May 15-17, 2023. Together with Mr. Florencio is ADFIAP Group Heads Ms. Sandra Honrado (Membership and Training) and Mr. John Alianza (Business Development and Marketing).

The ADFIAP Secretariat, led by its Secretary General Mr. Enrique I. Florencio, paid a visit to Mr. Robert Bastillo, CEO of Small Business Corporation. Mr. Florencio briefed Mr. Basitllo on ADFIAP’s mission and purpose as well as its advocacies and invited SBCorp’s CEO and management team to the upcoming 46th Annual Meetings, which will be held in Almaty, Kazakhstan on May 15-17, 2023. Mr. Florencio is joined by ADFIAP Group Heads Ms. Sandra Honrado (Membership and Training) and Mr. John Alianza (Business Development and Marketing).

Kazakhstan has received $14.2 billion in sovereign financing operations to invest in development projects through 271 transactions since 2008, according to the press department of the Eurasian Fund for Stability and Development (EFSD).

The World Bank, the Eurasian Development Bank, the European Investment Bank, the International Development Bank, the International Monetary Fund, the Japan International Cooperation Agency, the Turkish Cooperation and Coordination Agency, and the United States dispersed all funding. International Development Organization.

The fund provides financial credits to governments for budget and/or balance-of-payments support; investment loans to EFSD member states or enterprises; and grants to subsidize government social sector initiatives. The EFSD was created in 2009 by Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan to alleviate the effects of the crisis, provide long-term sustainability, and foster economic integration among EFSD member nations.

Throughout the reporting period, international financial institutions and development agencies carried out approximately 3,800 sovereign finance transactions totaling $90.6 billion in the Eurasian area, according to the study. Kazakhstan is second only to Uzbekistan in the Eurasian area in attracting finance, with $20.9 billion.
UND

The 2023 budget authorized Bank Pembangunan Malaysia Bhd (BPMB) to offer money for strategic development projects of up to RM6 billion. The programs will promote sustainability and automation, equity, and working capital assistance for high-performing businesses still dealing with the detrimental effects of the Covid-19 outbreak.

On Wednesday, the National Bank for Agriculture and Rural Development (NABARD) launched the Lower Dibang Valley district’s Potential Linked Credit Plan (PLP) 2023-24.

The Development Bank of Mongolia (DBM) has been supporting the Mongolian Government’s program on advancing small and medium enterprises (SMEs). The DBM has been providing soft loans for the purpose of enhancing factory capacity of the SMEs which will expand their scope, generate employment, uplift standard of living, and help in the economic development of

Russia’s Vnesheconombank and Renova Group of Companies JSC signed a cooperation agreement during the Russian Investment Forum in Sochi, Russia, to work on financing high-tech, innovations and investments in disruptive technologies, including projects aimed at developing digital economy, industry 4.0, blockchain, and neurotechnologies. Both parties are going to pay special attention to supporting export of

The Development Bank of Japan (DBJ) offers “DBJ Green Building Certification” in order to support its customers who own or operate real estate properties with high environmental and social awareness. Based on its comprehensive evaluation system, which includes not only an environmental perspective but also a social one (owner response to social needs of the