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Investors need a clearer way to measure and value resilience as Asia faces rising climate risks, according to Singapore's financial regulator, with the absence of a common metric making adaptation harder to finance at scale.
政策和金融
MDBs hit record $163bn in climate finance, but advocates question support for poorest countries
Civil society groups say the bigger totals do not automatically translate into the adaptation and loss and damage support developing countries need, and warn that the World Bank’s climate retreat further weakens ambition across the multilateral development bank system.
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Floods, blackouts and overstretched transport systems are exposing a deeper challenge. Across Asia, governments and investors are beginning to write a new playbook, one that moves beyond incremental fixes towards structural transformation.
The Pan‑Asia Power Grid Initiative (PAGI) is designed to stitch together existing blocs, like the Asean Power Grid and South Asian grid projects. But civil society groups warn that the bank’s grand regional vision sits uneasily with its continued backing for fossil fuels.
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