Empowering Capital for Sustainable Growth by 2025 - Malaysia's Strategy
The much-anticipated event, "Unlocking Capital for Sustainability 2025 - Malaysia," is set to take place, offering a unique opportunity for networking with key decision-makers and stakeholders from across ASEAN. This event aims to gather these influential figures to discuss solutions for implementing ASEAN's future vision, a vision that includes a significant transition to a net zero economy.
As ASEAN requires a staggering US$1.5 trillion in investments by 2030 to support this transition, the event's timing could not be more crucial. Malaysia, which assumes the ASEAN chairmanship in 2025 under the theme of 'Inclusivity and Sustainability,' is poised to lead these discussions.
The event is eligible for HRDC funding, making it an accessible opportunity for many to participate. Malaysia's National Energy Transition Roadmap (NETR) and 12th Malaysia Plan outline an ambitious agenda for socioeconomic development and creating a low-carbon and resource-efficient economy.
One of the key initiatives underway in ASEAN is the ASEAN Common Carbon Framework. ASEAN has made significant strides in expanding green finance offerings, enhancing regional grid connectivity, and mandating sustainability disclosure standards. However, to strengthen its regulatory frameworks and bridge the finance gap for sustainable infrastructure development, ASEAN can consider several strategies.
Firstly, ASEAN can enhance its ASEAN Taxonomy, the first regional transition-specific taxonomy, by integrating adaptation and resilience measures. This includes developing a regional adaptation guide to identify critical activities for climate adaptation and mitigation co-benefits.
Secondly, implementing carbon pricing mechanisms can help systematically address climate financing gaps. This can encourage private sector participation by providing financial incentives for sustainable investments.
Thirdly, ASEAN should work towards harmonizing policies and regulations across member states to create a more cohesive and attractive investment environment. This can involve aligning environmental standards and legal frameworks to reduce investment risks and barriers.
To bridge the finance gap, ASEAN can leverage collaborations with international partners like the GCC, China, Japan, and the EU to access diverse funding sources. Encouraging the use of innovative financing tools like green bonds and social bonds can also help fill funding gaps left by traditional aid withdrawals. Investing in capacity building initiatives will help less developed member states effectively manage and absorb foreign investments and technology transfers.
ASEAN faces rising global polarisation marked by trade tensions and deepening divisions. To navigate these geopolitical tensions, ASEAN must maintain a pragmatic approach focused on regional sustainability goals. ASEAN is seen as uniquely positioned to take a leadership role in addressing sustainable development needs.
The event promises to provide valuable information on how to access funding for sustainable projects in ASEAN, insights into the strategies needed to support ASEAN's transition to a net zero economy, and opportunities to learn about the latest trends and initiatives in sustainable finance and infrastructure development in ASEAN. Detailed instructions on how to process a claim for the event can be obtained by registering interest.
With sustainable finance set to play a crucial role in ASEAN's transition to a net zero economy, this event is not one to be missed. For those interested in contributing to ASEAN's sustainable development, the "Unlocking Capital for Sustainability 2025 - Malaysia" event offers a platform to connect, learn, and collaborate. The event can even be published with EB Publishing for wider reach.
- The ASEAN Common Carbon Framework, a key initiative, has shown significant progress in expanding green finance and enhancing regional grid connectivity, butASEAN can consider strategies to strengthen its regulatory frameworks and bridge the finance gap for sustainable infrastructure development.
- As the event, "Unlocking Capital for Sustainability 2025 - Malaysia," approaches, it promises to offer valuable insights into strategies needed to support ASEAN's transition to a net zero economy, as well as information on accessing funding for sustainable projects.
- To navigate global polarization and continue addressing sustainable development needs, ASEAN must maintain a pragmatic approach, focusing on regional sustainability goals. This is in line with Malaysia's Chairmanship theme in 2025, 'Inclusivity and Sustainability.'
- Malaysia'sNational Energy Transition Roadmap (NETR) and the 12th Malaysia Plan propose an ambitious agenda for socioeconomic development, aiming to create a low-carbon and resource-efficient economy.
- In an effort to address climate change and accelerate the energy transition, ASEAN can implement carbon pricing mechanisms, which can encourage private sector participation by providing financial incentives for sustainable investments.
