The 37th Pacific Economic Community Seminar
in the Asia-Pacific
Date: October 21th, 2022
Venue: Shangri-La’s Far Eastern Plaza Hotel, Taipei (B1 Metro Suite)
Organizer: Chinese Taipei Pacific Economic Cooperation Committee (CTPECC)
09.50-09.55 Welcoming Remarks
09.55-10.15 The U.S.A.’s Vision of 2023 as the Host Economy of APEC
Ms. Sandra Oudkirk, Director, American Institute in Taiwan(TBC)
10.15-10.45 Group Photo/Coffee Break
SESSION 1: Green Recovery in the Asia-Pacific: Current Trends
The concepts of green recovery and sustainable growth have emerged as a priority issue among global/regional fora and institutions, given the immense economic and social losses caused by the increasing frequency of extreme weather and natural disasters. At the same time, the Covid-19 pandemic’s damage and disturbance to people’s economic life have also led to a golden opportunity to facilitate a greener and more sustainable mode of growth and development. APEC is about to announce its Bangkok Goals on Bio-Circular-Green (BCG) Economy. PECC members need to understand the most current trends of green recovery in terms of both conception and practice, so as to help the region take good advantage of this golden opportunity. Such is the purpose of this Session 1.
10.45-10.50 Session Chair: 蕭代基研究員，中央研究院經濟研究所。
10.50-11.00 Mr Eduardo Pedrosa, Secretary General, PECC. (TBC) - Virtual attendees
SESSION 2: Allowing Public-private Partnerships for Realizing Green Recovery
Green recovery means a radical transformation of our economic life and the relevant institutional and policy arrangements that fit with new ideas, technologies and know-how. While the public sector is responsible for institutional construction and policy initiatives, injection of sufficient capital, technological know-how and creative business sense from the private sector are also required. These contributions of the private sector will make all our efforts even more efficient. Before collective actions can be organized in regional public sector platforms like APEC, the public sector should work with the business community to look for answers to the following questions: where lies the best opportunities for the realization of green recovery? What are the latest investment focuses among the private sector? Responding to opportunities, what do the best strategies for constructing public-private partnerships (PPP) look like? The discussion in Session 2 shall inspire us in the sense aforementioned.
13.30-13.35 Session chair: 蔡俊鴻董事長，環境與發展基金會；成功大學環境工程學系教授。
14.15-14.35 Mr. Mikel Tejada Ibañez, Public-Private Partnerships Specialist, World Bank. - Virtual attendees
14.55-15.15 Coffee Break
SESSION 3: The Outlook of Green Finance
Green recovery requires injections of funding. Nowadays we have witnessed that broad attention is brought to green finance in the financial sector. By the first half of 2022,2.77 trillion US dollars are being managed in the name of “global sustainable fund assets.” Responding to investors’ eagerness to join this trend of green finance, banks and financial institutes design products of ESG or sustainable finance with somewhat diversified details and criteria. These funding activities encourage business communities to explore new approaches to meet the goals of ESG established by the UN or other international agreements. As the bloom of ESG or sustainable finance attracts people’s attention, the market and regulators also find it crucial to develop unified standards and supervision to facilitate these funding activities in the mid and long term. This session offers good practices and experiences from the financial sector in the region, which will help us revisit the trends and issues aforementioned.
15.15-15.20 Session chair: 儲蓉風控長，遠雄人壽；CTPECC董事
15.20-15.40 Mr. Masaaki Nagamura, Fellow of International Initiatives, Tokio Marine Holdings, Inc. - Virtual attendees
16.40-17.00 Dr. Chien-Yi Chang, Chairman, CTPECC & President, Taiwan Institute of Economic Research (TIER)