IFC Asia Pacific

Did you know that #agriculture is a crucial part of #bhutan's economy, providing livelihoods for over half of the population and contributing over 17% to the GDP? That's why the European Union-IFC - International Finance Corporation funded ACSIIS project is working to promote sustainable #agribusiness with the launch of the IFC-EU ASCIIS Agri Advisory initiative in Bhutan. The project aims to enhance sustainable agriculture through greater private sector participation in Bhutan and was recently inaugurated by Thinley Namgyel, Secretary, Ministry of Agriculture and Livestock.   #agribusiness #sustainability Martin H. Ernest Bethe Harsh Vivek akira dhakhwa Gaki Tshering Franck Viault IFC Agribusiness

#AsiaPacific kini menjadi penghasil emisi gas rumah kaca terbesar, menghasilkan sekitar setengah dari CO2 dunia dengan bangunan dan konstruksi menyumbang lebih dari 30 persen dari total penggunaan energi di ekonomi pesat tumbuh seperti Vietnam, Indonesia dan Filipina.     Itulah mengapa meningkatkan efisiensi energi dan sumber daya pada konstruksi bangunan menjadi sangat penting untuk mengurangi jejak karbon.    Apresiasi besar untuk apartemen servis Ecoloft di Cikarang yang telah mendapatkan sertifikasi EDGE Zero Carbon pertama di #Indonesia. Aspek-aspek hijau dan upaya efisiensi energi lainnya dapat menutup hingga 50 persen dari konsumsi listriknya, dan diperkirakan telah memberikan penghematan energi sebesar 82 persen.     Penggunaan energi terbarukan serta pembelian karbon dari Kerangka Konvensi Perubahan Iklim Perserikatan Bangsa-Bangsa (UNFCCC) memungkinkan pengembangan ini untuk mengurangi jejak karbonnya menjadi nol. Serta memotong emisi hingga 95 ton per tahun, atau setara dengan mananam sekitar 1.500 pohon. http://wrld.bg/6XgR50OhZLZ   

#AsiaPacific has become the largest emitter of greenhouse gases, producing about half the world’s carbon dioxide with buildings account for more than 30 percent of the total energy use in fast-growing economies like Vietnam, Indonesia, and the Philippines.      That is why it is critical to improve energy and resource-efficiency aspects in buildings to reduce carbon footprints.      A big shoutout to the Ecoloft serviced apartments in Cikarang in the Bekasi regency east of the capital Jakarta that had been awarded the first EDGE Zero Carbon Certification in #Indonesia. The green aspects along with other energy efficiency measures that can cover 50 percent of its electricity consumption, is estimated to have delivered energy savings of 82 percent.   The use of renewable energy as well as the purchase of carbon offsets from the United Nations Framework Convention on Climate Change (UNFCCC) has enabled the development to reduce its carbon footprint to zero, cutting emissions by as much as of 95 tons per year, which is equivalent to planting around 1,500 trees. http://wrld.bg/6XgR50OhZLZ  

“With the right policies and reforms in place, countries in the Asia-Pacific region can leverage the private sector to maintain their growth momentum, tackle poverty, and respond to climate change,” Riccardo Puliti, Regional Vice President for Asia and the Pacific at IFC - International Finance Corporation, told CNA‘s Julie Yoo and Steve Lai this morning in #Singapore. “This will deliver profitability for companies and investors, while ultimately delivering the right public and social services for the population.” Watch the full interview here: http://wrld.bg/AoAb50Ol86y #energytransition #climatefinance #sustainableinfrastructure #inclusivegrowth

Climate finance is growing rapidly, but financing flows to help emerging markets in Asia decarbonize and strengthen the climate resilience of their infrastructure are far from enough, Hester DeCasper, IFC - International Finance Corporation’s Regional Head of Operations, said at The Global Impact Investing Network (GIIN) and the Financial Services Development Council’s ‘Navigating the future of Impact Investing in Asia’ conference in Hong Kong SAR, China. The event was GIIN’s first impact investing conference held in Asia. Read coverage of the event in the South China Morning Post SCMP: http://wrld.bg/g3qr50Ol5qz

Here’s some news from #nepal ⬇️ At the Nepal Business Summit 2023, we heard from experts across industries on what more can be done to support small businesses across the country. Known as the growth engine of the Nepali economy, these SMEs make up a staggering 22% of the country’s GDP. Yet they continue to face serious operational and funding challenges. What can be done to support them to become resilient to future shocks? IFC’s Qamar Saleem participated in the summit and provided 3️⃣ key insights: 🏭 Nepal can tap into promising sectors like #infrastructure, #manufacturing, and agri-services. 👨💻 Digital is the future- Data-driven lending through digital platforms, bank-#fintech partnerships, and a combination of #tech and human interaction are emerging trends, and we already see noteworthy innovations globally around these areas. 💹 Policy first - Policy infrastructures will lay a strong foundation for SME finance and needs to be prioritized. In 2022, IFC invested $45 million in two premier Nepali banks in a bid to reach over 30,000 SMEs by 2023. Here’s more about it: http://wrld.bg/Y1hV50Okjhz At IFC - International Finance Corporation, we are committed to supporting SMEs in becoming more resilient to future shocks and helping policymakers move beyond recovery and consider ways in which to lower and eliminate barriers faced by SMEs, improve the business environment and access to #finance, markets, and #technology in these fragile times. Babacar S. Faye Hector Gomez Ang IFC Financial Institutions IFC Manufacturing IFC Infrastructure IFC Agribusiness

IFC is finding creative ways to unlock more private investment for economic growth in East Asia and the Pacific. We are responding with speed and purpose by  ☑️ Helping people we work with to weather pandemic’s devastating impact  ☑️ Rebuilding markets  ☑️ Preserving jobs  ☑️ Enabling a green, inclusive, and resilient recovery. Follow our page IFC Asia Pacific to stay updated.