| Project Detail |
Financing a Green Recovery in ASEAN Region The Association of Southeast Asian Nations (ASEAN) region is working to develop a low-carbon and climate-adapted economy. However, this calls for a classification system to identify sustainable investments. Moreover, government regulations must be refined to promote green investments. Capital, especially from the private sector, must be mobilised for climate-friendly projects. To achieve this, state financial regulators and institutions will need better regional coordination, as well as more expertise and awareness. Objective The ASEAN member states coordinate effectively and exchange knowledge on regulations. This way, climate-friendly financing concepts are spread within the financial market and private capital can be better mobilised for green investments. |
