BFA & AMRO Call for Cooperation to Accelerate Asia’s Transition

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摘要:BOAO, CHINA,March 28, 2025–The Boao Forum for Asia Academy (BFA Academy) and ASEAN+3 Macroeconomic Research Office (AMRO) and toda

BOAO, CHINA,March 28, 2025 –The Boao Forum for Asia Academy (BFA Academy) and ASEAN+3 Macroeconomic Research Office (AMRO) and today convened the Transition Finance for a Net-Zero Future Roundtable in Boao, Hainan, alongside the Boao Forum for Asia Annual Conference 2025. The event brings together policymakers, international organizations, financial institutions, and academic experts to address the challenges and opportunities of advancing transition finance in Asia.

Zhou Xiaochuan, Vice Chairman of the Boao Forum for Asia, delivered a key-note speech at the financial roundtable. He pointed out, “The Paris Agreement is facing significant challenges in 2025, and global efforts to combat climate change have slowed. Nevertheless, Asian economies have shown strong commitment and taken concrete actions to promote green development. The financial sector has a crucial role to play in facilitating the transition to sustainable production methods. This necessitates improvements in carbon emission measurement, the establishment of transition standards, enhanced disclosure mechanisms, and more importantly, a greater emphasis on pricing mechanisms”.

In his opening remarks, AMRO Director LiKouqing emphasized, “Achieving a net-zero future is not just about expanding the green economy. High-emission sectors must also act, and transition finance is key to enabling this shift. Given Asia’s diversity, a one-size-fits-all approach will not work. Instead, the region must tailor policies to national circumstances while leveraging its comparative advantages to drive an inclusive transition.”

The roundtable featured two expert-led panel discussions exploring practical solutions to accelerate Asia’s transition toward a low-carbon, sustainable economy. Speakers highlighted policy measures, innovative financial instruments, and best practices designed to scale up transition finance across the region.

Roundtable highlights

Session 1 — Transition Finance for a Net-Zero Future: Policy Perspective

This session focused on the critical role of policymakers and regulators in shaping policy frameworks for transition finance. Panelists underscored the importance of enhanced cross-border collaboration among financial institutions, trade bodies, policymakers, and regulators to drive momentum. They also shared insights on regulatory incentives and successful implementation models supporting the net-zero agenda.

Session 2 — Transition Finance for a Net-Zero Future: Market Perspective

This session explored the private sector’s pivotal role in scaling up transition finance. Panelists discussed innovative financing tools, strategies to mitigate investment risks, and real-world case studies demonstrating successful transition finance initiatives led by the private sector.

The roundtable was moderated by Cao Li, Vice President of the BFA Academy, and Lin Jianhai, former Secretary of International Monetary Fund and Board of Governors, and featured a distinguished line-up of regional policymakers, industry thought leaders, and academic experts, including:

Zhou Xiaochuan, Vice Chairman, Boao Forum for Asia, and former Governor of the People’s Bank of China

Yi Gang, President of the China Society for Finance and Banking, and former Governor of the People’s Bank of China

Serey Chea, Governor, National Bank of Cambodia

Soulysak Thamnuvong, Deputy Governor, Bank of the Lao P.D.R

Zhang Tao, Chief Representative for Asia and the Pacific, Bank for International Settlements

JaeHoon Yoo, Chairman, Korea Deposit Insurance Corporation

Bonnie Y Chan, CEO, Hong Kong Exchanges and Clearing

Bryan Pascoe, Chief Executive, International Capital Market Association

Jaime Anchústegui, Deputy CEO Insurance At Generali

Xu Xinwei, Vice President, China Export&Credit Insurance Corporation

Yuan Duoran, Executive Vice President, Shanghai Stock Exchange


The roundtable builds on the newly launched report Financing Asia’s Transition to a Net-Zero Future jointly authored by AMRO, BFA and CICC Global Institute (CGI) staff.

About BFA

Headquartered in China, the Boao Forum for Asia (BFA) is an international organization jointly initiated by 29 member states. Focused on Asia with a global outlook, the Forum firmly supports Asian economic integration, promotes true multilateralism, encourages the construction of an open economy and closely followsthe global agenda. It is committed to offering an Asian perspective and seek multilateral solutions to promote sustainable development and tackle global challenges.

About AMRO

The ASEAN+3 Macroeconomic Research Office (AMRO) is an international organization established to contribute toward securing macroeconomic and financial stability of the ASEAN+3 region, comprising 10 members of the Association of Southeast Asian Nations (ASEAN) and China; Hong Kong, China; Japan; and Korea. AMRO’s mandate is to conduct macroeconomic surveillance, support regional financial arrangements, and provide technical assistance to the members. In addition, AMRO also serves as a regional knowledge hub and provides support to ASEAN+3 financial cooperation.

来源:博鳌亚洲论坛

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