Panel Discussion
Yongping Zhai and Preety Bhandari emphasized that while institutions such as ADB can help mobilize financing towards low carbon and climate resilient development, the bulk of climate financing originates in countries where they are deployed. Ultimately, the greater role will lie on governments in ensuring that national policies are in place so that national budgets are allocated towards this purpose and incentives are provided to the private sector to channel funds in the right direction.