ADFIAP presents experience at regional climate finance workshop

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GizOn the invitation of the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH which co-organized with the Ministry of Foreign Affairs, Singapore and the Lee Kuan Yew School of Public Policy with the support of Climate Development Knowledge Network (CDKN), the Regional Workshop on “Scaling Up Climate Finance in the Asia-Pacific”, ADFIAP, represented by ADFIAP Consulting (AC) Head, Ms. Corazon D. Conde, presented the role of national development banks in mobilizing private investments and shared the member-DFIs’ environmental initiatives, including green financing and guarantee programs. The event, which was participated in by 61 delegates from various organizations in the Asia-Pacific region, was held at the National University of Singapore from April 22-24, 2013.

The workshop provided the participants with an overview of climate finance concepts with the latest data on global and regional climate financing sources, public and private; the most recent developments on the United Nations Framework Convention on Climate Change (UNFCCC) and Green Climate Fund (GCF); and the current state of work of regional initiatives by development banks, agencies and think tanks. To heighten the participants’ awareness on lessons learned and good practices on effective planning and managing of climate finance, experiences on establishing and managing national institutions and the appropriate monitoring, reporting and verification of financial flows at the country level were likewise discussed. To cap the 3-day workshop, key lessons for the future use of scarce public resources to mobilize private investment and case studies of existing public-private partnerships toward climate compatible development in Asia and the Pacific were aldo discussed.

GIZ https://www.giz.de/en/ has assisted numerous countries in the field of development finance and climate finance, supporting diverse stakeholders in planning for and accessing climate finance, establishing and managing national institutions, and building local capacities.

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