Seven countries – including Australia – may now back the Asian Development Bank's IF-CAP programme, amid optimism around the climate investment it will mean for Asia.
A lot of experimentation is taking place to offer solutions for climate-related and other issues, but they need to be scaled up, a senior executive from the multilateral development bank told AsianInvestor.
Amid market volatility and tightening monetary policies, investors are turning to private credit, investment-grade bonds and value equities in developed markets.
De-risking and green securitisation will help unlock much-needed institutional capital for sustainable infrastructure projects in Asia, say executives at multilateral development banks.
The China-based multilateral bank could refinance its brownfield infrastructure projects in the capital markets, giving institutional investors infrastructure-linked assets to invest into.
Financial services firms and governments should work to create more products providing exposure to infrastructure, an AsianInvestor forum heard. Australia is held up as a good model.
ADB economist Jayant Menon says the region should weather a Western economic storm, but its recovery will be slower and escaping the ‘middle income trap’ more difficult.
In the second of a three-part series on Asian expectations for the crisis, we hear Harvest call for a controlled eurozone breakup and the ADB evaluate policymakers' position in the region.