The ASEAN Australia Smart Cities Trust Fund (AASCTF) completed the Guided Learning Program (GLP), which aimed to assist cities in managing increasing amounts of data and enhancing urban planning and services.

Some Asian countries have extensive experience managing climate risks for the financial sector and supporting its transition to green finance, while others are only at the beginning of this journey. What crucial lessons, recommendations, and requests do the former have for other financial supervisors, regulators, and the ADB?

The multilateral development banks can assist financial supervisors as they seek to ensure that financial institutions manage climate risks. They can support them in implementing mitigating measures. And they can support the transition—the scenario that minimizes climate risks—by scaling up green finance to mobilize the funds needed for the transition.

The multilateral development banks can assist financial supervisors as they seek to ensure that financial institutions manage climate risks. They can support them in implementing mitigating measures. And they can support the transition—the scenario that minimizes climate risks—by scaling up green finance to mobilize the funds needed for the transition.

More resources on climate change are available on the Munich Re website https://www.munichre.com/en/risks/climate-change.html.

Climate change exposes economies to physical and transition risks to the soundness of their financial institutions and the stability of their overall financial systems. Governments, financial markets, and financial institutions need financial resources, instruments, and skills to forestall these risks- threatening economic resilience and competitiveness.

This session focused on these topics:

This links to the webinar video of the Leveraging Development Finance BOS learning event.

This presentation gives an overview of ongoing and upcoming ADB business opportunities relevant to the Digital Technology.

This presentation gives an overview of business opportunities at the ADB and explains its procurement framework.