Exploring Financial Policy and Regulatory Barriers to Private Climate Finance in South-East Asia
Authors: Anna Lehman Jackrit Watanatada Jessica Robinson Lydia Guett
Published By: UNEP Inquiry Association for Sustainable & Responsible Investment in Asia (ASrIA) International Finance Corporation
Date: Sep 2015
Exploring Financial Policy and Regulatory Barriers to Private Climate Finance in South-East Asia
This report is based on primary research carried out through interviews with finance industry practitioners, government officials, financial market regulators, and civil society actors in Indonesia, Phillipines and Viet Nam, as well as desk research on Malaysia and Cambodia. The objective was to identify and analyze existing and potential policy or regulatory barriers within the financial markets that impact on private climate finance flows. The report focuses on the banking sector.
It finds that increasing private financial flows towards low-carbon infrastructure in South-East Asia will require:
- Coordinated policy development across the financial, industrial, energy and other related sectors .
- Stronger capital markets that favor private investment more broadly.
- A more nuanced understanding of investor needs across all asset classes, project types and geographic markets to greater align financial sector policies, industrial policies and climate and energy policies.