Mobilizing Climate Finance for Climate-Resilient Development: South Asia to Southeast Asia Collaboration

About this event

​Adaptation finance across Asia-Pacific remains far below need, and too little reaches the communities most exposed to climate risks. Developing countries may require USD 310–365 billion annually by 2035, while international public adaptation finance was only USD 26 billion in 2023. In Asia, just 17% of international public adaptation finance between 2017 and 2021 had a specific local focus. ​As part of Bangkok Climate Action Week 2026, SEI(Stockholm Environment Institute), MicroSave Consulting (MSC), and APRACA (Agri-Pacific Rural Credit Association) will convene an expert-level dialogue on mobilizing inclusive climate finance for climate-resilient development, with a focus on South-South collaboration between South Asia and Southeast Asia. ​Drawing on evidence from the ICCAP initiative across Bangladesh, Bhutan, Cambodia, Fiji, Lao PDR, and Nepal, the discussion will explore: ​The session will examine what blended finance, concessional capital, guarantees, and other instruments emerging from ICCAP's work can offer toward closing the adaptation finance gap, and where South to South collaboration can accelerate that mobilization. ​Participants will examine which policy reforms, institutional arrangements, and financing innovations tested in Bangladesh, Bhutan, Cambodia, Fiji, Lao PDR, and Nepal can be adapted and replicated in other geographies facing similar development challenges. ​The session will look at the policy incentives, regulatory frameworks, and institutional arrangements needed to expand private sector participation in inclusive climate finance while keeping outcomes equitable for the communities it is meant to serve. ​The dialogue will bring together policymakers, regulators, financial institutions, technical experts, private-sector actors, development partners, community representatives, academia, and youth voices.