Operations Session

Catalytical Financing Instruments for Clean Energy Projects in Central and West Asia

Wednesday, 4 June 2025

2:00 – 3:30 p.m. (GMT +8)


Central and West Asia possess abundant renewable energy resources, but the region faces significant challenges in mobilizing sufficient capital to develop its clean energy potential. This session will explore how innovative financing mechanisms—such as blended finance, green bonds, and public-private partnerships—can be effectively deployed to overcome investment barriers and accelerate clean energy development in the region. Through case studies, expert insights, and interactive discussion, participants will gain practical knowledge on structuring bankable projects and leveraging financial instruments that address the unique challenges of the Central and West Asia context.

AGENDA


2:00 - 2:05 p.m.

Opening Remarks

Mayank Choudhary, Director, PSIF1, PSOD, ADB

Moderator: Ben Carrozzi, Partner, Norton Rose Fulbright


2:05 - 2:35 p.m.

Keynote Introduction: Importance of Innovative Financing for Clean Energy

Examples of successful clean energy projects that utilized blended finance or thematic bonds in Central and West Asia, best practices from other regions, and regulatory frameworks to attract private capital

Satya Ramamurthy, Chair, Public Sector, Structured Finance Asia Pacific, Sumitomo Mitsui Banking Corporation


2:35 - 3:05 p.m.

Panel Discussion

Guide Questions: What are the biggest risks perceived by private investors in clean energy projects in Central/West Asia? How can thematic bonds, climate funds, and blended finance mitigate key risk factors? What role should public-private partnerships play in structuring these financing mechanisms?

Moderator: Ben Carrozzi, Partner, Norton Rose Fulbright

Panelists:

David Urbaneja-Furelos, Principal Investment Specialist, PSIF1, PSOD, ADB

Xeniya V Rogan, Principal Investment Specialist, PSIF1, PSOD, ADB

Alexander Jett, Senior Investment Specialist, GSU, Blended Finance Team, PSOD, ADB

Jeesun Han, Head, Energy Asia and Eastern Europe, FMO


3:05 - 3:25 p.m.

Q&A With Audience


3:25 - 3:30 p.m.

Closing Remarks

Mayank Choudhary, Director, PSIF1, PSOD, ADB

SPEAKERS

Mayank Choudhary

Mayank Choudhary

Director, Infrastructure Finance Division 1, Asian Development Bank

Ben Carrozzi

Ben Carrozzi

Partner, Norton Rose Fulbright

Satya Ramamurthy

Satya Ramamurthy

Chair, Public Sector, Structured Finance Asia Pacific, Sumitomo Mitsui Banking Corporation

David Urbaneja-Furelos

David Urbaneja-Furelos

Unit Head, Private Sector Infrastructure Finance, Caucasus Region, Asian Development Bank

Xeniya Rogan

Xeniya Rogan

Principal Investment Specialist, Asian Development Bank

Alexander Jett

Alexander Jett

Senior Investment Specialist (Guarantees), ADB

Jeesun Han

Jeesun Han

Head, Energy Asia and Eastern Europe, FMO

PRESENTATIONS