The 2nd Philippines-Japan Environment Week“Environmental Finance- Promoting Transition to Environmentally Friendly Business Practices and Financial Support- ” was successfully held.
Manila, Philippines/ January 2025

seminar presentation

panel discussion
The 2nd Philippines-Japan Environment Week was held in Manila from January 13 to 15, 2025. PaSTI hosted a seminar on environmental finance as one of the thematic sessions.
In the keynote speech, Dr. Pawan from the World Bank shared the latest information on carbon pricing, which has been attracting attention in ASEAN, including carbon taxes and emission trading systems. Additionally, OECC presented trends in sustainability-related information disclosure involving listed companies, as well as green finance and sustainability finance, including green loans, green bonds, and sustainability-linked bonds.
During the panel discussion, representatives from the private and financial sectors, as well as officials from the Philippine government, were invited to discuss various initiatives. These included efforts to mobilize funds such as green finance, sustainability finance, and transition credits to support environmentally conscious business activities. Furthermore, discussions were held on support for calculating, reporting, and disclosing GHG emissions and promoting emission reduction measures.
As a summary of the discussions, Dr. Lee from the Asian Development Bank (ADB), who served as the moderator, affirmed ADB's role as a climate bank. He highlighted its commitment to mobilizing private and incentive loans to meet the financial needs required for the transition while promoting regional and international cooperation.