Deep Dive Discussions

Deep Dive Discussions 4.2 on Urban Finance

Mainstreaming climate finance – Utilising more funding options to address environmental and climate issues

Day 3 – Thursday, 17 October 2019
11:00 - 12:30
Ballroom 2
Ms. Cristiana Fragola
Partnerships & Government Relations, Global Covenant of Mayors
Nora Steurer
Ms. Elisapeti Veikoso
National Spatial Planning Authority Office, Ministry of Lands and Natural Resources
Senior Urban Planner
Mr. Daniyar Azymkhanov
Kazakhstan Green Building Council
Mr. Gaetan Hinojosa
Senior City Finance Consultant
South Pole
Mr. Saurabh Gaidhani
100 Resilient Cities
Associate Director Asia-Pacific
Mr. Derek John Fernandez
Petaling Jaya City Council
Mr. Tiago de Jesus Ribeiro
Urban Development and Water Division, Southeast Asia Department, ADB
Urban Development Specialist
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Lead Organization
Partner Organizer(s)
Lead Organizer(s)

Mr. Sunghoon Kris Moon, ADB

Ms. Sarah Hui Li, ADB

Ms. Natalja Wehmer, Associate Economic Affairs Officer, UNESCAP

Ms. Soumya Chaturvedula, ICLEI

Ms. Puja Sawhney, EU-Switch-Asia Programme

Mr. Paul Martin, UNCDF


lobal GHG emissions from the Asia-Pacific have significantly risen since 1990’s. High rates of urbanization further contribute to this issue through energy consumption and fossil fuel usage driven by increasing population growth. For example, Asia-Pacific cities are estimated to consume about 60%–80% of total energy supplied in the region and generate about 75% of its carbon emissions. These areas are also suffering from increasing vehicular emissions, unmanaged solid waste disposal, and high-energy use, all of which aggravate the global carbon footprint. 

Additionally, Asia and the Pacific is also the most disaster-affected region in the world, home to more than 40% of disasters and 84% of people affected. Low, lying coastal cities are particularly vulnerable to climate change risks and disasters. Consequently, climate change impacts such as sea level rise, more extreme weather events and unpredictable rainfall patters further increase vulnerability risk. Therefore climate (or green) financing plays a major role in helping to achieve the SDGs encompassing direct links (SDG 13 – Climate Action) and a wide variety of indirect links such as SDG 6 (Clean Water and Sanitation) and SDG 7 (Clean and Affordable Energy). As such, improving access to and the deployment of such funding plays a critical role in the international development agenda.

Objectives of the Session
Introduction of the Topic
Guiding Questions

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Join us at the seventh session of the Asia-Pacific Urban Forum (APUF7) in Penang, Malaysia from 15 to 17 October 2019