Climate change is a growing challenge globally, particularly in Asia and the Pacific. The financing gap is a major obstacle to achieving sustainable development goals, including the net-zero transition. Thematic bonds and diverse financing instruments offer lucrative opportunities to finance sustainable development and decarbonization efforts. Innovative financing mechanisms can provide new ways to finance capital-intensive projects.
This knowledge-sharing roundtable, organized as part of ESCAP's Climate Invest project and DZ BANK's annual Day on Germany non-deal roadshow in Asia, aims to discuss the development of thematic bonds and the lessons learned in Germany. The discussion will focus on how these experiences can be leveraged for issuances in Thailand and Asia.
DZ BANK's Day on Germany non-deal roadshow focuses on discussing the latest developments in Asian financial centers as sustainable finance and asset management hubs. The event aims to deepen bilateral economic cooperation between Asia-Pacific countries and Germany, fostering closer financial markets cooperation for mutual growth opportunities. A high-level delegation of German issuers and policymakers, including Tammo Diemer, Managing Director of the Finance Agency of Germany, Stefan Göbel, Treasurer of Rentenbank, and Tim Armbruster, Treasurer of KfW, will join the non-deal roadshow. Additionally, Marcus Pratsch, DZ BANK's Global Head of Sustainable Fixed Income, will be in attendance.
ESCAP's Climate Invest project focuses on developing climate finance pipelines of green deals for investors in non-infrastructure sectors in Cambodia, Thailand, and Mongolia. In Thailand, it seeks to increase flows of finance to climate deals, with a focus on climate tech startups.
The roundtable will focus on the challenges and opportunities of thematic bonds and diverse financing instruments as a driver of the 'brown-to-green' transition, with a focus on the important advances in the thematic fixed income market. Finally, the roundtable will provide an opportunity to highlight financing initiatives taken by financial institutions to support actions on climate mitigation, adaptation and resilience, and nature, and identify further opportunities for collaboration on transition finance.
