Asia-Pacific Regional Outreach Session, 5th December, Kuala Lumpur

On 5th December 2024, the NGFS held its Asia-Pacific regional outreach meeting in Kuala Lumpur, hosted by the Bank Negara Malaysia. The outreach was a great opportunity for regional members to network, share national experiences and discuss topical issues.

The discussion spanned a variety of topics of interest for central banks and supervisors to support transition and green finance such as how to include both adaptation and mitigation into transition plans and discussions on regional priorities given the significant impact of climate related events on GDP in the region. With capacity building and training being a significant enabler for these activities, the rich discussion on this topic provided pragmatic ideas to continue the journey towards a greener financial system.

Agenda of the Outreach session:

9:00-9:15 - Welcome and Stocktaking on the NGFS activities

9:15 -9:45 - Session 1: Capacity building and training: Achievements and way forward

9:45-11:15 - Session 2: Discussion on emerging areas of focus

• Topic 1:
  • Macro and micro prudential levers to support transition and green finance
• Topic 2:
  • Adaptation in transition planning (adaptation as an emerging area)

11:30AM – 12:15PM - Session 3: Progress and challenges in the Asia Pacific region

12:15PM – 12:45PM - Session 4: Regional priorities for NGFS – Feedback and suggestions from members

12:45PM – 1:00PM - Closing Remarks by Sabine Mauderer, Chair of the NGFS