ADFIAP speaks at UNESCAP, Sida Climate Change Forum

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ADFIAP, on the invitation by the U.N.’s Economic and Social Commission for Asia and the Pacific (ESCAP) and the Swedish International Development Cooperation Agency (Sida), spoke at the international conference on “Climate Game Change: Innovations and Solutions for Climate Change Adaptation” held at the United Nations Conference Center in Bangkok, Thailand on January 22, 2009. About 300 delegates attended the event.

The conference, aimed at high-level representatives of private and public companies, financial institutions, government, international organizations and civil society in Asia and the Pacific, forms part of the Asia-Pacific Business Forum, Green Growth and Sida Development Area series of meetings. The results of the event will be used as inputs into the United Nations Climate Change Conference in Copenhagen in December 2009.

ADFIAP, represented by its Secretary General, Mr. Octavio B. Peralta, was part of the Executive Panel 1 which tackled the theme, “Pioneers of the New Market” that discussed new innovative market mechanisms which the finance sector and governments are currently mobilizing to meet the climate challenge. Mr. Peralta elaborated on ADFIAP’s environmental governance project that provided its member-DFIs with tools on environmental management system and environmental risk management for internally “greening” their office operations and lending process, respectively. He also provided case studies of member-banks’ environmental finance projects. For more details on ADFIAP’s “greenbanking” project.

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