Partnership to Strengthen Transparency for co-Innovation (PaSTI)
Side-event at Japan pavilion in COP28
Organized by Ministry of the Environment, Japan and ASEAN Secretariat
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Attracting investments for the future by mobilizing sustainable finance-Discussing the outlook in Asia through the Partnership to Strengthen
Transparency for co-Innovation (PaSTI)16:30~17:45 (Dubai time), 3rd December 2023
19:30~20:45 (Thailand and Vietnam time), 3rd December 2023
21:30~22:45 (Japan time), 3rd December 2023
Japan Pavilion (Area: B5, Building: 63) at Blue Zone/MapHybrid format of COP 28 venue and virtual meeting
Ministry of the Environment, Japan
ASEAN Secretariat
https://us06web.zoom.us/webinar/register/WN_Oof1Ww4CTB6EZkrleZx
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Invitation email will be sent in due course.

1. Background
Under the Paris Agreement, ASEAN Member States (AMS) are accelerating their efforts
in order for government and non-state actors to implement measures to reduce emissions forthe realization of a decarbonized society, and enhancing transparency of GHG emissions is
an important foundation. Recently, companies are faced with the challenge of reducing GHG
emissions not only in their own operations but also in their entire supply chains. The
information disclosure of GHG emissions in the supply chain was also included in thestandards set by the International Sustainability Standards Board (ISSB) this year, and it islikely to be influential not only to companies in developed countries but also those in ASEAN
countries.
In addition to the development of facility level GHG emissions reporting system in AMS,
the Partnership to Strengthen Transparency for co-Innovation (PaSTI) has initiated its
cooperation work on improvement of transparency on GHG emissions in supply chains, topromote GHG emissions reduction by the private sector. Reducing calculated and reported
GHG emissions can lead to attracting investments. Thus, in some countries, governments,
financial institutions, investors and international organizations have begun to work together
to accelerate efforts to calculate, report, and reduce GHG emissions.
2. Objectives
This seminar will gather governments, financial institutions, investors, private companies,
international organizations and other non-state actors to exchange information and discuss
how we can integrate or make the synergies among GHG reporting framework and1

information disclosure to increase the number of companies to report their GHG emission
and how to connect the reported GHG emission into sustainable/transition finance foremission reduction in Asia region.
Case studies of developing facility or corporate level GHG emission reporting framework
will be shared. Also, the current status, outlook, and opportunities of climate related
disclosure throughout supply chains and attracting investments and mobilising sustainablefinance will be discussed.
As key consideration of driving efforts toward increasing GHG emissions
transparency/disclosure as well as transition to Net Zero Emission, the events will discuss;⚫

how we can promote private finance by utilising global standards on GHG
measurement and reporting/information disclosure such as CDP, and ISSB,⚫

how the PaSTI can facilitate the ASEAN member states, including the private sector
therein, to respond to changes in global standards,⚫

effective ways to facilitate the access to finance through increasing GHG transparency
in the private sector, and⚫

how we can bridge the promotion of transparency with finance, in particular, indeveloping ASEAN member states.

3.

Proposed agenda
TimeContents

LeadModerator: Akihiro Tamai, OECC

1.

2.
2.1

3.
3.1

Opening
5min

Opening remarks

5min

Opening remarks(Video message)

Mr. Yutaka Matsuzawa,
Vice-Minister for Global
Environmental Affairs, Ministryof the Environment, Japan
Mr. Ekkaphab Phangthavong,
the Deputy Secretary General ofASEAN for ASEAN SocioCultural Community

Keynote Presentation: MRV systems as a base
5minfor mobilizing sustainable finance and progressof the PaSTI
Discussion
10min Guiding Presentation on climate related
information disclosure in AMS

2Ms. Kotoe Kuroda, Ministry ofthe Environment, Japan

Mr. Kunihiko Kobayashi,
Researcher,Overseas Environmental
Cooperation Center, Japan

3.2

45min

4.

Closing
5min

Panel Discussion

Moderated by Mr. Makoto
Kato, Member, Board ofDirectors/General Manager,<Guiding questions>
1. What are the status and views of corporate Overseas Environmental
disclosure and how do they relate toCooperation Center, Japan
international standards?
Panelists
2. What does disclosure of GHG emissions
mean operationally for financial⚫ CDP (TBD)
institutions?
⚫ Mr. Boonrod Yaowapruek,
3. What can be done for SMEs and othercompanies with disclosure challenges?
Managing Partner, The
4. What kind of action do you want to see
Creagy Company Limited
from financial institutions in order to(Online)
encourage corporations, including SMEs, ⚫ Mr. Jay Collins,
to measure and disclose their GHG
Vice Chairman, Public
emissions?
Sector Group, Citi
5. How do financial institutions engage your ⚫ Mr. Suranan Tanpoonkiat,
clients to reduce disclosed GHG
Sustainability Financeemissions?
Expert, Thailand
6. What are the challenges and what do you ⚫ Mr. Shinichi Tsunoda,
think is the role of a GHG emission MRV
Mizuho Financial Group,
system for developing the sustainable
Inc.(Chairperson of thefinance markets in Asia?
Japanese Bankers
7. What are the prospects and expectations
Association)
for the future, including the role of⚫ Mr. Pham Hoang Hai,
governments and international
Vietnam Chamber oforganizations, on disclosure of GHG
Commerce and Industry
emission by companies, and attracting(Online)finance through emission reduction?

Prof. Dr. Kazuhiko Takemoto,President, Overseas
Environmental Cooperation
Center, Japan

Closing remarks

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