Sustainable Finance Taxonomies in ASEAN: Towards Regional Harmonization

Hosted by UNEP FI and Eco-Business, this webinar presents a new policy brief, “Sustainable Finance Taxonomies in ASEAN: Towards Regional Harmonization”. Taxonomies are a key tool for setting clear and consistent definitions for sustainable economic activities, in Asia-Pacific and beyond, and helping channel more capital towards global sustainability agendas while mitigating risks linked to greenwashing. The region is poised to become a key player in shaping global sustainable finance standards. Five of the ten ASEAN Member States have already developed their own national taxonomies, which are anticipated to continue to evolve with regular updates to align with scientific advancements; transparency, such as public disclosure of eligibility criteria; and regional collaboration. UNEP FI recently published a report taking stock of sustainable finance taxonomies across ASEAN and the degree to which these align with the ASEAN Taxonomy. In this webinar, UNEP FI report authors will share the main findings of the report and bring together key regional experts who will discuss how to further advance harmonization in this space. Part 1: Overview of main findings of the policy brief, including major components of the regional ASEAN Taxonomy and structure of ASEAN Member States' national taxonomies and alignment with ASEAN Taxonomy elements. Part 2: Deep-dive presentations from leading experts in the region to share their perspectives and experience in promoting a more harmonized sustainable finance market. Speakers: - Rhodora M. Brazil-De Vera, Deputy Director, Financial Supervision Sector, Bangko Sentral ng Pilipinas - Ornsaran Pomme Manuamorn, Senior Financial Sector Specialist, World Bank - Eugene Wong, CEO, SFIA This webinar is the first in UNEP FI’s new APAC Policy Webinar Series in partnership with Eco-Business. This series is an offering of UNEP FI’s Regulatory Implementation Support Programme. Image: Fokkebok / Envato