Latest development of climate finance

June 10, 2015

Mizuho Business Innovation Forum(March 20, 2015)Consideration on climate actions from a finance perspective

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For tackling climate change, broad range of actions for mitigation and adaptation need to be taken by all parties including developing countries. However, how to ensure financial resources is a big issue for developing countries to implement such actions. The Cancun Agreement, adopted in COP16 in 2010, set a goal of 100 billion US dollars a year by 2020 as climate finance, sourced from public and private sectors in developed countries and to be funded to developing countries, which drives various efforts worldwide. In this context, Mizuho Information & Research Institute organized a forum on climate finance, inviting specialists in this area for discussion.

Overview

Title Latest development of climate finance
Date

Friday, March 20, 2015
13:50-17:00

Organiser Mizuho Information & Research Institute, Inc.
Presentation program

"Role of Climate Finance and its innovation"
Takashi Hongo, Mitsui Global Strategic Studies Institute

 

"Actual example of climate finance: Expansion of Weather index insurance in Southeast Asia"
Ken Gohara, Sompo Japan Nipponkoa Insurance Inc.

 

"Characteristics and Considerations regarding Renewable Energy Projects from a Finance Perspective"
Toru Miyabe, Mizuho Bank, Ltd.

 

"Long-term finance strategies of developed countries and their actions for mobilization of private finance"
Yuta Akasaka, Mizuho Information & Research Institute Inc.

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Tsuyoshi Hatakeyama,
Mizuho Information & Research Institute Inc.,
Managing Executive Officer
Takashi Hongo,
MITSUI GLOBAL STRATEGIC STUDIES INSTITUTE.,
Green Innovation Department,
New Business Development Division,
Senior Fellow
Ken Gohara,
Sompo Japan Nipponkoa Insurance Inc.,
Alternative Solutions Section,
Commercial Risk Solutions Department,
Senior Deputy Manager
Yuta Akasaka,
Mizuho Information & Research Institute Inc.,
Environment and Energy Division 2,
Consultant

Related report (Japanese only)

  • Now and future of climate finance: – significant role in the climate change issue
    https://www.mizuho-ir.co.jp/publication/report/2015/mhir09_finance_01.html
  • Mobilizing private climate finances for developing countries
    https://www.mizuho-ir.co.jp/publication/column/2013/0827.html
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