Energy Finance Day

Mobilizing Capital for Clean Energy Transition

Wednesday, 5 June 2024

2:00 - 3:30 p.m. (GMT +8) | Auditorium Hall 1


The battle against climate change will be won or lost in Asia and the Pacific. If emissions from existing coal power plants are not addressed, the region will fail to meet the Paris Agreement targets. Over 50% of global greenhouse gas emissions originate in Asia and the Pacific and there is a need to develop scalable and collaborative initiatives in partnership with developing member countries (DMCs) that will leverage a market-based approach to accelerate the just transition from fossil fuels to clean energy.

Public and private investments—from governments, multilateral banks, private sector investors, philanthropies, and long-term investors— and new financial products will need to be deployed to accelerate the retirement or repurposing of coal-fired plants through refinancing, acquisition or sustainability linked corporate loans and scale up investment in clean energy and energy storage.

This session aims to discuss the role of concessional financing, carbon credits and interventions that create an enabling environment for energy transition.

AGENDA


2:00 - 2:05 p.m.

Opening Remarks

F. Cleo Kawawaki, Head, Office of Market Development and Public-Private Partnership (PPP), Asian Development Bank (ADB)


2:05 - 2:15 p.m.

Presentation on Financing Clean Energy Transition and the Role of Carbon Credits

Rahul Gupta, Solution Leader and Associate Partner, McKinsey & Company


2:15 - 2:25 p.m.

Presentation on Energy Transition Mechanism by Asian Development Bank

Dionisio Camangon, Senior Markets Development Advisory Specialist, Office of Market Development and PPP, ADB


2:25 - 3:10 p.m.

Panel discussion on Mobilizing Capital for Clean Energy Transition

Discussion on the landscape and potential for clean energy transition in Asia, including mobilizing capital, the role of carbon credits, and steps for scaling clean energy transition.

Siddhartha Bhaskar Shah, Director, Advisory Division 2- Office of Market Development and PPP, Asian Development Bank

Panelist:

Glenda Leah A. Caringal, Department Manager, IPP/IPPA Contracts Administration Department, Power Sector Assets and Liabilities Management Corporation (PSALM)

Pierre Horna, Manager – Financing Energy Transition (FET) Project, Economic Affairs Officer, Financing for Development Section, Macroeconomic Policy and Financing for Development Division, Economic and Social Commission for Asia and the Pacific

Sharad Somani, Partner & Head – Infrastructure Advisory, Head of Infrastructure, Asia Pacific, Head of KPMG ESG, KPMG Services Pte. Ltd.

Architrandi Priambodo, Senior Energy Specialist, ADB


3:10 - 3:25 p.m.

Q&A


3:25 - 3:30 p.m.

Closing Remarks

Andrew Jeffries, Advisor - Energy Transition Mechanism and Partnerships, ADB

SPEAKERS

F. Cleo Kawawaki

F. Cleo Kawawaki

Head, Office of Market Development and Public-Private Partnership (PPP), Asian Development Bank

Andrew Jeffries

Andrew Jeffries

Advisor, Energy Transition Mechanism and Partnerships, Asian Development Bank

Rahul Gupta

Rahul Gupta

Solution Leader and Associate Partner, McKinsey & Company

Glenda Leah A. Caringal

Glenda Leah A. Caringal

Department Manager, IPP/IPPA Contracts Administration Department, Power Sector Assets and Liabilities Management Corporation (PSALM)

Pierre Horna

Pierre Horna

Manager – Financing Energy Transition (FET) Project, Economic Affairs Officer, Financing for Development Section, Macroeconomic Policy and Financing for Development Division, Economic and Social Commission for Asia and the Pacific

Sharad Somani

Sharad Somani

Partner & Head – Infrastructure Advisory, Head of Infrastructure, Asia Pacific, Head of KPMG ESG, KPMG Services Pte. Ltd

Architrandi Priambodo

Architrandi Priambodo

Senior Energy Specialist, Asian Development Bank

Siddhartha Bhaskar Shah

Siddhartha Bhaskar Shah

Director, Advisory Division 2- Office of Market Development and PPP, Asian Development Bank

Dionisio Camangon

Dionisio Camangon

Senior Markets Development Advisory Specialist, Asian Development Bank

PRESENTATIONS