This session discussed the critical role of resilience in sustainable infrastructure development and its alignment with global goals. Panelists explored the FAST-Infra Label framework as a practical tool for integrating resilience into infrastructure planning and design. They also identified innovative financing mechanisms for infrastructure projects, drawing upon case studies and best practices. Stakeholders from CSOs, government, and the private sector in attendance were invited to discuss how to enhance the resilience of infrastructure systems in a rapidly changing world. 

In the face of climate threats, experts are calling for transformative approaches to infrastructure development that prioritize resilience, sustainability, and large-scale investment. The Himalayas, particularly Nepal, are experiencing rapid glacier melt exacerbated by black carbon emissions, highlighting the urgent need for climate-responsive strategies. Tim Gocher of Dolma Fund Management emphasized that Nepal must significantly increase foreign direct investment (FDI) to leverage its renewable energy potential and export clean energy. To enable this, he advocated for scalable blended finance mechanisms that reduce risks for private investors and unlock long-term capital.  

Beibei Gu of Green Finance Forum of 60 in China stressed the broader socio-economic consequences of natural hazards, noting that beyond immediate economic damage, disasters inflict lasting impacts on communities, small businesses, and social systems. She argued that building climate-resilient infrastructure is no longer optional - it is a strategic necessity. She called for trillions in forward-looking infrastructure investment embedded with resilience and adaptation strategies.  

Viktor Novikov of Zoi Environment Network in Tajikistan highlighted the ecological significance of Asia’s mountains, often referred to as the “Third Pole,” as critical water towers and biodiversity hotspots. He underscored the need for infrastructure planning to address not only climate impacts and glacial melt but also pollution and biodiversity loss. He emphasized the important role of local CSOs in delivering nature-based solutions that enhance infrastructure resilience and protect ecosystems.  

Arshia Karki of Global Infrastructure Basel Foundation introduced the FAST-Infra Label which provides investors with globally recognized and credible assurance that infrastructure projects meet rigorous environmental, social, governance, and resilience standards. The FAST-Infra Label transforms sustainable infrastructure into a mainstream, investable asset class-enabling greater market liquidity, supporting the development of new financial products, and unlocking large-scale private capital needed to bridge the sustainable infrastructure investment gap.

Together, these perspectives reinforce the need for a coordinated, innovative, and inclusive approach to infrastructure that aligns climate goals with development outcomes, ensuring long-term sustainability and resilience in the face of growing environmental risks. ADB’s Deputy Director General of Procurement, Portfolio, and Financial Management Department Jeff Taylor remarked that procurement policies now include environmental and social factors, and this is a paradigm shift. Specifications can now include low-carbon requirements. During the discussion the idea of communities as shareholders in climate investments and can often get discounted shares was highlighted. Trade union representatives also pointed out that procurement specifications can include apprenticeships requirements to build skills locally.  

Watch the session: