Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190235 
Authors: 
Year of Publication: 
2018
Series/Report no.: 
ADBI Working Paper No. 814
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
Placing the Asian economies onto a sustainable development pathway requires an unprecedented shift in investment away from greenhouse gas, fossil fuel and natural resource intensive industries towards more resource efficient technologies and business models. The financial sector will have to play a central role in this "green transformation". This study discusses the need for greening the financial system and the role of financial governance. It reviews the state of green lending and investment in Asia and provides an overview of green financial governance initiatives across Asia. It also identifies market innovations to increase green finance in Asia as well as barriers to green investments and financial policy and highlights priority areas for policy makers.
Subjects: 
Green finance
sustainable investment
green transformation
Asia
JEL: 
G1
G2
G3
Q01
Q5
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
597.59 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.