RATIONALE
Countries are working together and moving quickly to implement their nationally determined contributions (NDCs) of reducing global greenhouse gas emissions to help achieve the goals of the Paris Agreement to hold the increase in the global average temperature to well below 2°C above pre-industrial levels, and limit average global warming increase to 1.5°C and eventually achieve global goal of net-zero emissions by 2050.
Sectors such as power, construction and transport present significant opportunities to transition to low carbon systems and technologies. Financial institutions (FIs) play a critical role in transitioning the economy to low carbon and drive investments towards more climate resilient development.
OBJECTIVE
The study tour program aims to build deeper knowledge and awareness of FIs on climate and transition finance programs and opportunities. It also targets to demonstrate to the participants, that net zero emissions by 2050 can be achieved through collaboration between government and private entities.
Through site visits participants will understand that while investing in green technologies and renewable energy is important, transition strategies are necessary to progressively reduce the carbon footprints across all economic sectors. With actual projects on the ground, participants will be able to visualize best practices and successful technologies on decarbonization.
TOPICS
Basics of Transition Finance, Transition Finance Pathways in the Energy and the Real Estate Sectors, and FI Transition Initiatives
TRAINING METHODOLOGY
Method of delivery is through a study tour of institutions in energy and real estate development that showcase transition initiatives combined with lectures and design thinking approaches, where issues and cases will be studied through brainstorming and group analysis. It will be complemented by exercises and video presentations.
RESOURCE PERSONS
Composed of select experts from ADFIAP’s pool of management experts and bank practitioners.
TARGET PARTICIPANTS
FI officers and staff involved in relationship management, risk management, environmental management, program/product development, compliance, and credit review/appraisal
