Finance is a critical enabler to accelerate the world’s transition to a net-zero future. By some estimates, getting the world to net zero by 2050 will require over US$9 trillion of investment a year, but today, that number stands at just US$5.7 trillion. We will need unprecedented amounts of capital – both public and private, innovative financing solutions and radical collaboration across the ecosystem.

Asia is where the action needs to happen, at scale – and at speed. Asia accounts for half of global carbon emissions, with about 85% of energy produced from fossil fuels. At the same time, Asia is also highly vulnerable to the impact of climate change. 

Jointly organised by BlackRock, the Monetary Authority of Singapore (MAS) and Temasek, the Financing Asia’s Transition (FAST) Conference will convene key decision-makers across financial institutions and the real economy to catalyse financing to grow the green economy, and green the entire economy. Discussions at the FAST Conference 2023 will focus on the opportunities in climate financing particularly in emerging markets and developing economies, building net-zero portfolios, developing a trusted global carbon market, phasing out Asia’s coal-fired power plants and leveraging philanthropic capital.

The Financing Asia’s Transition (FAST) Conference will be held on 8 June 2023, as part of Ecosperity Week 2023.