ADFIAP keynotes WGO-UNESCAP conference on climate finance and sustainable investing

On the invitation of the World Green Organization (WGO) and the United Nations Economic and Social Commission in Asia and the Pacific (UNESCAP), ADFIAP represented by Noel N. Verdote, head of the ADFIAP Finance and Investment Center (AFIC), delivered a keynote speech and presented at the “UN Climate Finance and Sustainable Investing Conference 2019” held on October 17 and 18 at the Asia Society Centre in Hong Kong.

The conference, with support from the Financial Service Development Council of Hong Kong, Allianz Global Investors, the Hang Sen Sustainability Index, and the Bank Consortium Trust, drew more than 400 senior-level officials from the ministries of finance and other relevant government agencies, private companies, as well as representatives from both national and international development financial institutions (DFIs) in Asia and the Pacific.

Mr. Verdote delivered a keynote speech in the session on “ESG Integration and Green Bonds” and presented ADFIAP’s ESG advocacies in doing business by DFI member as well as shared selected best practices and how they contribute to their respective governments’ development thrusts and SDGs, especially those pertaining to the session theme on “Infrastructure Financing and Public-Private Partnerships.”

The WGO is an independent non-governmental organisation concerned with environmental conservation and environmentally-related livelihood and economic affairs. It provides a holistic approach to a fully-integrated three-pronged solution that combines social, environmental, and economic aspects for a low carbon society.

The UN ESCAP serves as the United Nations’ regional hub promoting cooperation among countries to achieve inclusive and sustainable development. The largest regional intergovernmental platform with 53 member-states and 9 associate members, ESCAP has emerged as a strong regional think-tank offering countries sound analytical products that shed insight into the evolving economic, social and environmental dynamics of the region. The Commission’s strategic focus is to deliver on the 2030 Agenda for Sustainable Development, which is reinforced and deepened by promoting regional cooperation and integration to advance responses to shared vulnerabilities, connectivity, financial cooperation and market integration.

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