Unlocking key sustainable finance policies
OMFIF, the Asian Development Bank Institute and Rocky Mountain Institute convened a group of emerging market policy-makers from Asia Pacific to discuss the role of national institutions in scaling up private sector investment in climate investment plans. Innovative financing facilities such as green banks were discussed as a tool to effectively match the available pools of capital from institutional investors with investable projects to achieve climate and development goals. Representatives from the UK, US, China, Malaysia and New Zealand shared their experiences of existing and newly established green financial institutions and facilities. Attendees mapped the status of establishing such initiatives, the institutional design under consideration, priority sectors and time frames.