Transition is critical in embarking on a low-carbon growth trajectory. While it may be the most challenging stage, it likewise presents the most opportunities. For developing countries, whose energy systems, sources and structures have been built on the conventional, this transition cannot be further emphasized. It is therefore important to assess, design and apply what technologies can better facilitate if not leapfrog developing member countries in Asia and the Pacific onto a low carbon growth path faster and in the most sustainable manner.
ADB, through its Climate Technology Finance Center (CTFC) has been working in Hunan Province, People’s Republic of China (PRC) initially to provide assistance in mainstreaming climate technologies into their provincial development and investment plans. Since then, CTFC has expanded its involvement in Hunan to the setting up of a low carbon technology venture capital fund; establishing an accelerator program to mentor early stage clean technology start-up entrepreneurs; and helping create a low carbon technology network and market platform.
On 22 September 2015, a memorandum of understanding (MOU) on cooperation to promote climate technology development and deployment was signed by ADB and the Hunan Development and Reform Commission (Hunan DRC) in Changsha, Hunan, PRC. As part of the MOU, both sides agreed to work together to host an international forum on low carbon technology at Changsha, Hunan in 2016 with the aim of promoting international cooperation on low carbon technology.
Following the success of the 2016 summit, ADB and the Government of Hunan Province is hosting the Second Asia-Pacific Forum on Low Carbon Technology. The forum aims to promote the sharing and dissemination of the most advanced low carbon technologies and exchange global, regional and country success stories and lessons on developing low carbon cities through LCT innovation and investment. It also seeks to induce greater levels of investments in low carbon technology as well as stimulate both south-south and north-south transfer of technologies through networking and partnership.
This year’s forum will cover four themes: (1) practical policies for LCT investment, (2) innovative financing instruments for LCT investment, (3) roadshow of promising and feasible LCTs, and (4) innovative partnership for LCT cooperation.
Around 300 participants representing governments, business sectors, academic institutions, think tanks, and international organizations involved in low carbon cities and low carbon technology development and investment are expected to take part in the summit.
Please join through the registration page.
While attendance to the event is free, ADB does not cover travel and accommodation expenses of participants.