Blue Finance Training: Designing and Financing Bankable Projects in Transitioning to a Blue Economy
09 November 2020 to 13 November 2020
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Over 60 ADB staff and representatives from ASEAN, BIMP-EAGA, IMT-GT, and GMS attended the first ADB training on blue finance held on 9,11, and 13 November 2020. The online learning program aimed to support DMCs in developing bankable investment opportunities that support ocean health and the blue economy. The training, led by ADB's Sustainable Development and Climate Change Department and Southeast Asia Department, in collaboration with the ASEAN Catalytic Green Finance Facility, and the BIMP-EAGA, IMT-GT, and GMS Capacity Building Program (B-I-G Program), emphasized the importance of blue finance in growing the region’s sustainable coastal and marine economies. One-pager briefs on select innovative finance mechanisms were circulated to participants as part of a toolbox approach to fund projects with ocean health components.
The “blue economy”—often synonymous and interchangeable with “sustainable ocean economy”—is an emerging concept that encourages better stewardship of invaluable ocean resources for food, livelihood, good health, and economic growth. ADB is a signatory to the Sustainable Blue Economy Finance Principles, which aim to further define and support the blue economy. ADB’s Healthy Oceans Action Plan aims to support developing member countries (DMCs) catalyze much needed finance for ocean health and blue economy projects.
Program and Learning Materials:
Date | Session / Activity | Presentation Material | Speaker(s) |
---|---|---|---|
09 Nov 2020 | Day 1 Sessions |
ADB Blue Finance Training: Day 1 Sessions Day 1 of the training featured sessions on: Ocean Halth, Blue Economy, and Blue Finance; Blue Economy Segments and the ADB Ocean Finance Framework; and... |
Melissa Walsh |
Date | Session / Activity | Presentation Material | Speaker(s) |
---|---|---|---|
11 Nov 2020 | Day 2 Sessions |
ADB Blue Finance Training: Day 2 Sessions Day 2of the training featured sessionson: Beneficiaries, Sources of Funds, and Finance Mechanisms; Ocean Investment Pipeline, and Blue Economy Opportunities... |
Melissa Walsh |
11 Nov 2020 | Session Feature: ASEAN Catalytic Green Finance Facility (ACGF) |
The ASEAN Catalytic Green Finance Facility The ASEAN Catalytic Green Finance Facility (ACGF) is an innovative financing initiative designed to scale up the development of green infrastructure projects... |
Rodrigo Martinez, Raghu Dharmapuri Tirumala |
Date | Session / Activity | Presentation Material | Speaker(s) |
---|---|---|---|
13 Nov 2020 | Day 3 Sessions |
ADB Blue Finance Training: Day 3 Sessions Day 3of the training featured sessions on: The Way Forward for ADB and DMCs and an Activity on Blue Finance Mechanisms. |
Melissa Walsh |