Implementing Green Finance in Southeast Asia: International Practice, Local Legal Framework and Institutions

As noted in the IPCC Report “Climate Change 2022. Impacts, Adaptation and Vulnerability”, “overall adverse economic impacts attributable to climate change, including slow-onset and extreme weather events, have been increasingly identified.” The report further notes that there are multiple opportunities for targeted investments and finance to protect against exposure to climate hazards, particularly for those at highest risk.

In this regional overview, VDB Loi experts discuss international standards for implementing green finance, as well as specifics of legal framework and institutions involved in these type of projects in Bangladesh, Cambodia, Laos and Vietnam.