Seminar & Lecture Series
Expanding Green Finance, Blue Finance, and Disaster Risk Financing for Innovative Operations
16 Dec 2020 Beijing & Manilla
James Lynch, Director General of East Asia Department (EARD) on 16 December chaired a knowledge-sharing webinar presenting findings from recent ADB supported research on innovative financing to help bolster and scale-up PRC’s green and high-quality development. Renowned economist and thought leader in green finance, Dr. Ma Jun from Tsinghua University, and insurance expert Gary Wei discussed practical approaches on green-blue financing and disaster risk financing. Emma Fan, Director of Public Mgt, Financial Sector, & Regional Coop Division(EAPF), EAOD and Jackie Surtani, Director of Infrastructure Finance Division 2, Private Sector Operations Department (PSOD) shared thoughts on potential application of these financing innovations in sovereign and nonsovereign financial sector operations. About 40 participants, including representatives from the Ministry of Finance and the National Development and Reform Commission, participated in the event. The webinar was organized through a One ADB collaborative effort by EAPF, PRCM and PSOD.
Agenda:
| Time | Program |
|---|---|
| 08:30 – 09:00 | Registration |
| Session 1 | Opening Plenary Chair: Yolanda Fernandez Lommen, Country Director of the Asian Development Bank (ADB) in the People’s Republic of China (PRC) |
| 09:00 – 09:15 | Welcome Remarks
|
| Session 2 | Expert Sharing Chair: James P. Lynch, Director General, EARD, ADB |
| 9:20 – 9:40 | Presentation 1 (via Zoom) Green and Blue Financing for High Quality Growth and Green Transformation Under the 14th Five Year Plan (20 minutes) Presenter: Dr. Ma Jun, Director, Finance and Development Research Center and the Green Finance Development Research Center, Tsinghua University This presentation will provide specific suggestions on using green and blue financing to reduce carbon emissions, lower pollution, protect the environment, and improve climate change resilience, especially for peaking carbon emissions by 2030 and achieving carbon neutrality by 2060. |
| 9:45 – 10:00 | Discussion, Questions, and Answers 15 minutes |
| 10:00 – 10:20 | Presentation 2 From Pandemic to Greater Resilience: Public Financing Strategies in Response to Extreme Disasters(20 minutes) Presenter: Dr. Gary Wei, Insurance Expert This presentation will propose specific public finance measures to improve resources and preparedness for large scale disasters, such as through parametric insurance. |
| 10:20 – 10:35 | Discussion, Questions, and Answers 15 minutes |
| 10:35 – 10:45 | Coffee Break |
| Session 3 | ADB Sharing Chair: James P. Lynch, Director General, EARD, ADB |
| 10:45 – 11:00 | Presentation 3 Innovation and Applications in Sovereign Operations: Using Innovative Financing to Enrich Sovereign Financial Sector Operations(15 minutes) Presenter: Emma Fan, Director, Public Management, Financial Sector, and Regional Cooperation Division (EAPF), EARD, ADB Drawing from the expert’s presentations, this presentation will propose measures to support green finance, blue finance, and disaster risk financing operations under the next CPS and 14th Five Year Plan. The presentation will also cover blended financing. |
| 11:00 – 11:15 | Presentation 4 Innovation and Applications in Nonsovereign Operations: Examples of Innovative Nonsovereign Operations(15 minutes) Presenter: Jackie B. Surtani, Director, Private Sector Operations Department (PSOD), ADB Drawing from the expert’s presentations, this presentation will share examples of innovative nonsovereign operations in the PRC and other ADB developing member countries. |
| 11:50 – 12:00 | Summary and Closing (including final views from DDG Zhang and DDG Han) Chair: James Lynch (10 minutes) |
