In this biennial report, the fifth within ESCAP’s Financing for Development series, examine the trends, challenges, and opportunities for policymakers, regulators, and private finance (banks, issuers, and investors) in Asia and the Pacific to mobilize and deploy sustainable finance, particularly for climate action.

To operationalise the Loss and Damage Fund (LDF)— established at the 27th Conference of Parties (COP27) after intense negotiations — a Transitional Committee (TC) has been tasked with providing recommendations on the institutional arrangements, elements of the funding arrangements, sources of finance, and ensuring coordination and complementarit

Asia is home to 60% of the world's population, 52% of global agricultural production, and 43% of agriculture-related greenhouse gas (GHG) emissions. While a large portion of the Asian population depends on agriculture for their livelihood and food security, the agriculture sector is one of the main sources of GHG emissions in the region.

Better climate finance data enables investors and policymakers to make better decisions. But until now, no comprehensive estimates existed of the scale of climate finance needed by sector to deliver net zero by 2050.

The first action in the G-20 Sustainable Finance Roadmap proposes six high-level principles for the development and global coordination of approaches to align investments with sustainability goals.

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