ADFIAP Speaks at UNESCAP Green Growth Forum

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Upon the invitation of the United Nations’ Economic and Social Commission for Asia and the Pacific (UNESCAP), ADFIAP, represented by its Secretary General, Mr. Octavio B. Peralta, spoke on the Association’s sustainable development mission and how its member-DFIs contribute to the greening of businesses in the region during the 3rd “Green Growth” dialogue held at the Bangkok International Trade and Exhibition Centre (BITEC) on June 5, 2007.

The dialogue focused on how private and public sectors of society can provide a set of policy recommendations that can help bring about the greening of businesses in the Asia-Pacific region. Attending the event, that ran in parallel with the Entech Pollutec/Renewable Energy Asia 2007, were about 300 delegates from sectoral ministries of UNESCAP’s 53 member-states, including ministries of energy, finance, development, trade, industry, commerce, foreign affairs, development agencies as well as representatives from private businesses, consumer groups, chambers of commer0ce, international organizations and business associations actively promoting green business growth.

Greening the markets and business is one of the five major tracks of the “Green Growth” approach. The remaining four tracks include green tax and budget reform, sustainable consumption, development of sustainable infrastructure and the development of new eco-efficiency indicators. Together, the five tracks cover what UNESCAP deems necessary for the upgrading of economies to become more sustainable so that they can provide growth for both present and future generations.

For ADFIAP, its participation in the event is part of its outreach to same-purposed institutions in the sustainable development field as well as its commitment to the United Nations as ADFIAP is an NGO in consultative status with the UN.

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