Regional Perspective

Event: ADB's Southeast Asia Development Symposium (SEADS 2023): Imagining a Net-Zero ASEAN

Regional Perspective

30 March 2023

Author / Speaker:

Amitabh Kant, India - Other materials by the author

In his keynote address at the Asian Development Bank's (ADB) fourth Southeast Asia Development Symposium (SEADS), India G20 Sherpa Amitabh Kant said his country’s G20 presidency would build on some of the successes of Indonesia, its predecessor, which had placed transition toward a low-carbon economy on top of the G20 agenda. Kant said India will push for innovative financing schemes as the transition is hinged on the availability and alignment of low-cost international finance to advance critical new technologies.

The innovative schemes include blended finance credit enhancement measures such as guarantees, debt for climate swaps, climate policy performance bonds, green bonds, impact investment, and carbon pricing frameworks.

Type of Content:

Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.