Interview with Inarno Djajadi of Capital Markets, Financial Derivatives, and Carbon Exchange Supervision Read more about Interview with Inarno Djajadi of Capital Markets, Financial Derivatives, and Carbon Exchange Supervision Session 2: How supervisors and regulators in Asia are supporting green financial markets 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?
Interview with Satoshi Ikeda of Japan Financial Services Agency Read more about Interview with Satoshi Ikeda of Japan Financial Services Agency 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?
Interview with Kelvin Wong of DBS Bank Read more about Interview with Kelvin Wong of DBS Bank 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.
Interview with Ernst Rauch of Munich Re Read more about Interview with Ernst Rauch of Munich Re 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.
Interview with Lyn Javier of Bangko Sentral ng Pilipinas Read more about Interview with Lyn Javier of Bangko Sentral ng Pilipinas 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:
Kelvin Wong Keywords climate change finance green finance Read more about Kelvin Wong He has over 22 years of professional experience including 19 years of experience in corporate and project finance in Asia. His professional experience as an energy regulator, business consultant, and corporate financier (including project finance and mergers & acquisitions) offers unique insights into the energy and infrastructure sectors in the Asia-Pacific region. He has been instrumental in driving DBS’ growth in the renewables sector and is currently on the IEA’s Finance Industry Advisory Board.
Lyn Javier Keywords finance BSP governance Read more about Lyn Javier Lyn I. Javier is the Assistant Governor of the Policy and Specialized Supervision Sub-Sector (PSSSS) under the Financial Supervision Sector of the Bangko Sentral ng Pilipinas (BSP). She oversees the supervisory policy and data departments of the BSP as well as the supervision of specialized areas specifically money laundering, information technology, treasury, and trust operations. Ms.
Sri Mulyani Indrawati Keywords finance Indonesia Read more about Sri Mulyani Indrawati Sri Mulyani Indrawati is the Minister of Finance of Indonesia, currently on her second term—having first been appointed in 2016 and then re-appointed in 2019—under the administration of Indonesia President Joko Widodo. She also served as Indonesia’s coordinating minister of economic affairs in 2008, continuing her role as finance minister since 2005, under the administration of former Indonesia President Susilo Bambang Yudhoyono.
Yixin Yao Keywords finance ADBI fund manager international financial cooperation sustainable development green finance and intellectual property issues Read more about Yixin Yao Yixin Yao joined the Asian Development Bank Institute (ADBI) as a Senior Research Fellow in September 2021.
Eighth Tokyo Fiscal Forum Read more about Eighth Tokyo Fiscal Forum Cohosted by ADBI, the Japan Ministry of Finance’s Policy Research Institute, and the International Monetary Fund (IMF), the Eighth Tokyo Fiscal Forum explored imperatives for building resilience and reshaping fiscal policy in Asia and the Pacific.