Bridging the Sustainable Finance Gap in Asia and the Pacific: Where Do We Go from Here?
Key information
- Date
- Time
-
5:15 pm to 6:45 pm
- Venue
- SOAS - University of London
- Room
- G3 - Main Building
- Event type
- Seminar
About this event
Asia and the Pacific contributes 70% of economic growth to the globe and is home to two thirds of the world’s population. Yet, sustainable finance growth in Asia and the Pacific has lagged the rest of the globe.
The structural reasons for this are many: an entrenched reliance on fossil fuels to power growth, financial regulators that have to balance growth and sustainable objectives, and a corporate sector that does not face a level playing field and perceives competitive pressures when attempting to transition to more sustainable forms that are also seen as more costly. What can policymakers, regulators and private finance do?
Image credit: Syuichi Shiina via Unsplash.
About the Speaker
Suba Sivakumaran is the Chief of the Financing for Development Section at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), which seeks to accelerate the flow of sustainable finance within the Asia Pacific region, both by sovereigns and by private issuers and investors.
Additionally, the Financing for Development Section seeks to inform and influence governments and regulators to drive the appropriate enabling frameworks to achieve greater financing for development in the region. Before joining ESCAP, Suba was the Head of Private Sector Development/Investment at Nathan Associates and Team Leader at the United Nations Development Programme for the “Business Call to Action” programme.
She holds a Master in Public Policy from Harvard University (Kennedy School of Government) where she was a Reynolds Fellow and a B.Sc (Hons) in Government and Economics from the London School of Economics.
