Time

2024 March 26, 10:00am-11:30am (HK time) 

Participation

Live Streaming

Theme

Accelerating Capacity-Building for Financing Net Zero, Nature Positive Cities

With over half of the world’s population now residing in urban areas - a figure projected to surge to 68% by 2050 - cities stand as major contributors to carbon emissions, accounting for a staggering 70% of global emissions. Urban carbon emissions and the resilience of city environments deeply influence human well-being. In recent years, Asia emerges as a pivotal player, boasting the largest concentration of “environmentally vulnerable” cities. Building on its robust infrastructure development and urban expansion, Asia has great potential to drive global climate and environmental initiatives forward.

Yet, despite these urgent needs and opportunities, there exists a significant annual gap of $4-6 trillion in green investments for global climate and environmental projects. This gap is especially pronounced in emerging markets and developing economies (EMDEs), which grapple with acute financial challenges.

Amidst these challenges, the need for capacity building stands out as a critical factor hindering progress. remains steadfast in its dedication. In line with the commitment to providing top-tier sustainable finance capacity-building services for developing countries, Capacity-building Alliance of Sustainable Investment (CASI) will organise a second monthly event on “Accelerating Capacity-Building for Financing Net Zero, Nature Positive Cities”, in collaboration with the Giving to Amplify Earth Action (GAEA) initiative, launched by the World Economic Forum (WEF).

During the event, we will explore the challenges and opportunities linked to expanding green financing, with a particular focus on establishing strong policy frameworks, promoting green financial products, implementing incentive mechanisms, and fostering the development of urban green investment projects.

Furthermore, the discussions will highlight the significance of multi-stakeholder collaboration in positioning Asia as a leader in climate finance. Participants can anticipate having first hand information on environment projects successfully attracted investment and built in emerging economies, as well as best practices in capacity building for finance professionals. 

The event is scheduled from 10:00 am to 11:30 am on March 26, 2024, in Hong Kong. Should you be interested, we warmly welcome you to join us online via QR code below. CASI eagerly anticipate your participation.