In this webcast, we will discuss the challenges and opportunities in the green and sustainable bond market, focusing on the increasing need for private sector funding to fight climate change and reduce environmental degradation.
The Paris Agreement has set the target of a maximum temperature increase of 2 °C, which requires billions of green investments each year in key sectors of the global economy. Public finance will continue to play a key role, but a significant share of the funding will have to come from the private sector.
Green, sustainability, and social bonds have been gaining traction in recent years, and they are now even more important financial instruments for countries in catalyzing funds for green and sustainable recovery programs and projects, especially in the wake of the COVID-19 pandemic. Countries are focusing more on achieving net-zero emissions to alleviate the climate change crisis.
The world's biggest multilateral development banks have increased their climate-related financing, but the 2021 figure remains a long way short of the estimated finance needed by emerging markets. A report by BlackRock, the world's biggest asset manager, puts that figure at $1 trillion a year of public and private finance.
Multilateral development banks and international financial institutions have a crucial role to play in attracting much larger sums of private capital. They can provide technical assistance helping develop projects, improve governments’ institutional capacity, and build the local currency bond markets to broaden the set of domestic investors.
The key take-aways
Explore challenges and opportunities in the green and sustainable bond market
Understand Asia's sustainable bond market and its unique structure compared to other regions
How can Development Banks attract more private capital to support inclusive and sustainable economic recovery?
The role that Development Banks play in building the necessary infrastructure to support sustainable investing
This webinar is in partnership with
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