FINAL PROCEEDINGS GBF 2016.Pdf
Total Page:16
File Type:pdf, Size:1020Kb
Table of Contents Abbreviations ........................................................................................................................... 1 Foreword by Daniele Ponzi ..................................................................................................... 0 Day 1, 22 November 2016 ........................................................................................................ 1 Introduction and Welcoming Remarks .................................................................................... 1 Forum Introduction / Keynote .................................................................................................. 3 Opening Plenary: High-Level Roundtable Discussion ............................................................. 6 Plenary Session 1: Creating Enabling Policy and Regulatory Frameworks for Green Business ..............................................................................................................................................11 Presentation on Policies for Green Business Complementarities and Synergies ................12 Panel on “Getting the Policies Right: Prioritization Options” ................................................14 Plenary Session 2: Mobilizing Private Sector Finance............................................................20 Panel on “Upscaling Green Business in Asia-Pacific through Private Sector Finance” .......22 Day 2, 23 November 2016 .......................................................................................................29 Plenary Session 3: Green Technology and Business Innovation ...........................................29 Panel on “Technology and Innovation for Green Business: From Niche to Mainstream” .....29 Track 1A – Mitigation Banking ...............................................................................................37 Track 2A – Business Opportunities in Natural Capital ............................................................47 Track 1B – Certification and Labels .......................................................................................57 Track 2B – Green Bonds: Catalyzing Debt Financing ............................................................66 Green Finance in Action: the Experience of People’s Republic of China ................................77 Scaling up Investments in Green Businesses – What Can Be Done to Support Green SMEs? ..............................................................................................................................................83 Day 3, 24 November 2016 .......................................................................................................89 Special Session: Youth and Green Business – led by ADB-NGOC ........................................89 Track 3A – Sustainable Farming, Soft Commodities, Agro-Processing, and Food Industry ....92 Track 3B – Greening Industry: Improving Resource Use, Reducing Waste .......................... 100 Track 3C – Greening the Service Sectors ............................................................................ 107 Track 3D – Innovation and Green Business ......................................................................... 114 Summary and Closing Remarks .......................................................................................... 121 Conference Proceedings: Green Business Forum for Asia and the Pacific 2016 Abbreviations ADB Asian Development Bank ANJA Adaptive Nutrition Joint Achievements ATM Automated teller machine CEO Chief executive officer CFO Chief finance officer CCICED China Council for International Cooperation for the Environmental Development CMO Chief marketing officer COO Chief operating officer CSO Civil society organization CSR Corporate social responsibility DEC Digital Equipment Corporation EIB European Investment Bank EIU Economist Intelligence Unit FAO Food and Agriculture Organization ICT Information and communications technology IFC International Finance Corporation IFFS Integrated Forestry and Farming System IMF International Monetary Fund LEED Leadership on Engineering and Environment Design NDRC National Development and Reform Commission NGO Non-government organization PNG Papua New Guinea PBOC People's Bank of China PRC People’s Republic of China SDG Sustainable Development Goals UNFCCC United Nations Framework Convention on Climate Change WFP World Food Programme 1 Conference Proceedings: Green Business Forum for Asia and the Pacific 2016 Foreword by Daniele Ponzi The Sustainable Development Goals and Paris Climate Agreement will guide global efforts for sustainable development up to 2030, but success in meeting this transformative new global development imperative will require mobilization of a large amount of resources. Given the limited availability of public sector resources, private sector investment in environmental goods and services is critical for success. Sixty percent of the world’s population lives in Asia; many are fast migrating from rural to urban areas. Several of the world’s economic powerhouses are located in the region, generating nearly 40% of global output and contributing 60% to global growth. The region is also grappling with challenging environmental issues, including air pollution, deforestation, land degradation, water pollution, and climate change, which are significantly affecting regional sustainability and putting economic and social development at risk. The Asian Development Bank’s (ADB) first Green Business Forum, a landmark event held last 22 to 24 November 2016 at the ADB Headquarters in Manila, Philippines, affirms that green business development is crucial to achieve environmentally sustainable growth. It places special emphasis on the potential of green business in impacting underserved areas and those suffering from pollution (i.e. water, air and soil), water and land resources degradation, and biodiversity loss. This is a prime opportunity for businesses and private sector investors to be more engaged in sustainable development. The Green Business Forum brought together over 400 green business practitioners and professionals, financial institutions, government officials from ADB developing member countries, civil society stakeholders, national and international experts, and other stakeholders to share knowledge and identify avenues for promoting green business solutions. The Forum provided a platform for knowledge sharing and learning best practices regarding the policies and incentives, institutional arrangements, and financing modalities that can best support rapid green business development in the region. Daniele Ponzi Chief of Environment Thematic Group Asian Development Bank 0 Conference Proceedings: Green Business Forum for Asia and the Pacific 2016 Day 1, 22 November 2016 Introduction and Welcoming Remarks Satinder Bindra, Principal Director for External Relations, ADB Ma. Carmela D. Locsin, Director General of Sustainable Development and Climate Change Department, ADB This is the first ever Green Business Forum for Asia and the Pacific, with 500 registered delegates coming from various parts of the world, representing business communities, governments, NGOs, and the diplomatic community. The forum is being held against the backdrop of the Sustainable Development Goals (SDGs) and the 21st Conference of Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC), where the Paris climate agreement was adopted. Both have resolved to combat the issue of climate change with a great deal of purpose and seriousness. The responsibility of creating new low carbon, green economies rests not only with policymakers and governments, but also with the private sector. Indeed, the green economy presents opportunities for green businesses to be profitable. This central idea was highlighted in the theme- setting video produced for the Forum, calling for all sectors to “work together.” _________ This first Green Business Forum is enjoying considerable momentum. We have seen the global landscape shift remarkably, with the adoption of the Sustainable Development Goals and the recent ratification of the Paris Agreement on Climate. Environmental sustainability is centrally positioned within the SDG framework. Businesses are increasingly recognizing that going green is good business, and there has been dramatic growth in the global market for environmental goods and services, which has exceeded $1 trillion in 2015 and is estimated to expand to $1.4 trillion by 2020. In 2015, Asia’s share of this burgeoning market, excluding Japan, was a mere 12%. Given this, the question is “What can we do together?” The hope is that this Forum can provide ideas on how to expand the global market for environmental goods and services to help sustain and restore oceans, forests, and land, and to preserve biodiversity. Investment needs range from $300 billion to $1 trillion per year, but only a small portion of these needs are being provided. Sizeable investments gaps call for robust and active private investment. 1 Conference Proceedings: Green Business Forum for Asia and the Pacific 2016 The Forum aims to put the spotlight on emerging yet currently unexplored aspects of green business. It will explore green business opportunities and natural capital ecosystems services to help counter pollution, water and land degradation and the loss of biodiversity. These efforts are key to address poverty, as poverty cannot be eliminated without building resilience to climate change and adopting sustainable