COP 31 Side Event | From Policy to Projects: Building effective carbon markets in ASEAN

About this Event

Southeast Asia needs substantial investment to meet its climate goals. ASEAN’s Climate Finance Access and Mobilization Strategy https://asean.org/book/climate finance access and mobilization strategy for the member states of the association of southeast asian nations/ estimates that the region will require USD 422.16 billion by 2030 to address its mitigation, adaptation, and loss and damage priorities. Yet sustainable finance markets remain too small to meet the region’s needs with persistent gaps in investable projects, market infrastructure, climate related information, and institutional capacity. Carbon pricing can help mobilize a portion of this investment. By placing a value on emissions reductions, well designed carbon pricing and carbon markets can strengthen in…

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