- February 22, 2022
- Posted by: Rem Anthony Laodeno Jr.
- Category: Association News
The webinar “Mapping ESG integration in Public Infrastructure Finance” held last February 14, 2022, featured a panel discussion targeted at tackling the continuous build-up of urbanization in the face of catastrophes like the Covid-19 pandemic and severe climate and biodiversity challenges. The objective is to construct faster, more efficiently, and more sustainably.
Over 180 people registered for the event, which was opened by ADFIAP Secretary General Enrique I. Florencio, who emphasized the importance of implementing sustainable development goals and changing the role of DFIs so they become key players in the integration of economic approaches with ESG, and promote inclusive and sustainable progress in his welcome speech.
The panel, hosted by Anders Nordheim of WWF-Singapore, focused on the role of DFIs and the private sector in tackling the limited supply of bankable and sustainable infrastructure projects in the Asia Pacific, intending to close the investment gap despite governmental budget restrictions. Also added to their discussion is a COVID-19 recovery finance initiative led by DFIs that ‘builds back better’ both for climate and biodiversity, which are included in DFI portfolios as a result of new financial structures in place that allow climate change and natural capital to be integrated into development funding.
The panelists were Lavan Thiru, Executive Director at Infrastructure Asia; Towfiqua Hoque, Senior Infrastructure Finance Specialist with the Global Infrastructure Facility, Singapore; Darwin Trisna Djajawinata, Operation, and Finance Director at PT Sarana Multi Infrastruktur; Katharine Thoday, Principal Environment Specialist at Asian Development Bank (ADB; and Anouj Mehta, Country Director Thailand & Leading $2bn Green Finance Facility for ASEAN region.