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 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

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: