Green finance in Asia: challenges, policies and avenues for research

Diaz-Rainey, Ivan / Jan Corfee-Morlot / Ulrich Volz / Ben Caldecott
External Publications (2023)

in: Climate Policy 23 (1), 1-10

DOI: https://doi.org/10.1080/14693062.2023.2168359
Information

Financing climate change mitigation and adaptation in Asia is critical for its population and economies but also for those of the world. This editorial provides a commentary and overview of ten articles within this special issue of Climate Policy on ‘Green Finance in Asia’. Contributions are diverse in terms of focus and methods. Most of the articles focus on managing transition risk with six of the articles having an energy focus; the dominant themes are the risk of stranded coal assets in China; the role of export finance by China and Japan for fossil fuel-fired power generation assets within Asia; and investment in renewable power generation and the policies to support such investment. The remaining four articles explore various policies in specific country contexts: the effects of green bond policies in China; the greening of monetary policy in China; the governance of sustainable finance in Indonesia; and policies to support investment and finance of off-grid electricity access in Bangladesh. Most of the ten contributions come from researchers in developed countries and principally from non-Asian countries, suggesting there is a need to develop green finance research capability and capacity across Asia. Despite being withing scope of the special issue, this collection does not contain papers on physical risk or adaptation finance. We highlight these as important gaps and priorities for future research.

About the author

Volz, Ulrich

Economist

Volz

Further experts

Aleksandrova, Mariya

Climate risk governance 

Brandi, Clara

Economy and Political Science 

Dippel, Beatrice

Comparatist 

Donnelly, Aiveen

Politcal Science 

Ekoh, Susan S.

Environmental Research 

Fasold, Maximilian

Political Economy 

Goedeking, Nicholas

Comparative Political Economy 

Hilbrich, Sören

Economy 

Hägele, Ramona

Political Scientist 

Lehmann, Ina

Political Science 

Malerba, Daniele

Economy 

Mathis, Okka Lou

Political Scientist 

Never, Babette

Political Scientist 

Pegels, Anna

Economist 

Schiller, Armin von

Political Science 

Sommer, Christoph

Economist 

Srigiri, Srinivasa Reddy

Agricultural Economist 

Walle, Yabibal

Development Economics