The Asian Institute of Chartered Bankers (AICB) and the UK based Global Ethical Finance Initiative (GEFI) are collaborating to host the Ethical Finance ASEAN 2023 Summit, building on last year’s successful inaugural edition. This virtual event, themed “Financing Transition” will be held on 30 March 2023 and is complimentary.
The ASEAN Secretariat has emphasised that “development has generated jobs, increased incomes and purchasing power”, but cautioned that this has been associated with unsustainable increases in natural resource usage.
Studies show that making the transition towards a just, net-zero economy could create jobs in the ASEAN region, building the economies of the future and businesses across ASEAN that need finance.
AICB Chairman Tan Sri Azman Hashim said, “AICB, as the sole professional body for bankers in Malaysia, remains committed to supporting financial practitioners to further enhance their skills and knowledge through our professional qualifications, and we continue to work closely with our partners to create a sustainable pipeline of competent bankers that are technically sound, ethically centred, and socially conscious.”
GEFI Managing Director and Co-Founder Omar Shaikh added, “Ethical Finance ASEAN is now in its second year, with last year’s virtual Summit attracting over 4,000 registrants. An excellent group of local and international speakers shares key insights and leading practice on the great work being done in the ASEAN region on financing transition, and exploring how international frameworks can better meet the needs of the ASEAN markets.”
The Summit will feature experts on sustainable and responsible finance in the ASEAN region and beyond. Discussions will include how the megatrends of 2023 are affecting ASEAN economies, what the core challenges for the ASEAN region are in financing climate adaptation and mitigation, the role of finance in addressing deforestation and nature-related financial risk in the region, the importance of leadership, the need to ensure development needs are met, and more.
