UN-ESCAP is currently implementing a project on “Innovative climate finance mechanisms for financial institutions in the Asia Pacific region”, in partnership with ADFIAP, to strengthen the capacity of financial institutions to develop an enabling policy environment that promotes private investments in climate change mitigation and adaptation projects. In this context , UN-ESCAP would like to explore the potential involvement of the International Chamber of Commerce (ICC) and its national chapters in this project to reach out to commercial banks in the target countries and promote the project objectives.
Towards this end, a Consultation meeting was held on 21 February 2019 in Muscat, Oman on the side-lines of the 42nd ADFIAP Annual Meeting to discuss the possibility of expanding the coverage of the engagement with ADFIAP on “Mainstreaming Sustainable Climate Action within the Financial Institutions in the Philippines” initially to also cover Pakistan, Bangladesh, Sri Lanka and Indonesia.
The meeting was chaired by Dr. Laura Altinger, UN-ESCAP Senior Advisor for Climate Change and participated in by Mr. Masato Abe, UN-ESCAP Economic Affairs Officer, Financing for Development Section; Mr. Javaid Basini, Secretary General, ICC-Pakistan; Mr. Ataur Rahman, Secretary General, ICC-Bangladesh; Mr. Anthony M. Shanila Fernando, Secretary General, ICC-Sri Lanka and Mr. Megasus Azhar, Technical Advisor and Co-Chairman Banking Commission – ICC-Indonesia. ADFIAP was represented by Ms. Corazon Conde, Group Head-ADFIAP Consulting and Mr. Victor Abainza, Senior Consultant.
For more information on UN-ESCAP, please visit https://www.unescap.org.