Challenges for Sustainable Urban Development in Asia Michael Lindfield

Similar documents
Financing Sustainable Infrastructure In Asia. Fei Yu Deputy Representative Asian Development Bank North American Representative Office

Development Updates and Trends : Opportunities and Risks Local Details Operating for a Global Strategy

UNFCCC Expert Meeting on Loss and Damage from Climate Change

SECTOR ASSESSMENT (SUMMARY): MULTISECTOR 1

Morgan Stanley Asia: Overview

Firstly, how has Malaysia s openness to international trade and investment benefited its economy?

Financing Strategies: Improving Public Expenditure Efficiency

Financing Climate Change Resilient Urban Infrastructure

CBRE RESEARCH R E A L E S TAT E M A R K E T O U T LO O K

Development of an Integrated Simulation Model for Flood Risk Evaluation and Damage Assessment

CBRE CAMBODIA SEA MARKET & VALUATION TRENDS 28 SEPTEMBER 2018

Financing Infrastructure in Asia and the Pacific

Global Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017

A Report on Urban Infrastructure Development in the APEC Region: Best Practice Policy Framework and Proposed Action Plans

SECTOR ASSESSMENT (SUMMARY): PUBLIC SECTOR MANAGEMENT (PUBLIC EXPENDITURE AND FISCAL MANAGEMENT) Sector Performance, Problems, and Opportunities

Infrastructure Financing Challenges in Southeast Asia

Improving public investment efficiency for infrastructure development

City Prosperity Initiative Conceptualization and Application

"The Comprehensive Survey on the International Business Strategy in Japan"

Private Equity and Institutional Investors: Risks and Opportunities in Cambodia and Lao PDR IPBA, Manila March 2018

Financing for Sustainable Urbanization

Exim Banks in Asian Region: Mr. T.C. VENKAT SUBRAMANIAN

Partnering with IFC. in East Asia and the Pacific

Vontobel Summer Conference

2008 Foreign Sourced Employees Compensation & Benefits Survey - Asia Pacific

Aask Advisory Services Pte. Ltd.

Session 3b Pension system review in Asia Pacific. Billy Wong, FSA

Partnership Brief. Cofinancing with Spain

[OMB CONTROL NUMBER ]

Economic Development. Business Plan to restated. Accountability Statement

The Duty to Cooperate in the Protection and Preservation of the Marine Environment

Cash Pooling in Asia A case study

Institutional Investors and Infrastructure Financing

SAIIA 9 June Paul Baloyi. Development Bank of Southern Africa June 2011

Asia-Pacific: Sustainable Development Financing Outreach. Asia-Pacific: Landscape & State of Sustainable Financing

Institutional Investors and Infrastructure Financing

Strengthening the Governance of Climate Change Finance to Enhance Gender Equality

Economic and Social Survey of Asia and the Pacific 2017 Governance and Fiscal Management

Private Climate Finance Support - Effectiveness

ASIAN ECONOMIC INTEGRATION REPORT 2017

Towards a Comprehensive Maritime Security Framework in Asia Broaden the Mandate of ReCAAP to Cover other Illicit Maritime Activities

The Development of the Microinsurance Market in the Philippines

Asian Development Bank

Potential Effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine Economy*

Tamara Levine, Development Cooperation Directorate, OECD Maseru Lesotho, October 2011

Cross Border Cooperation :

SECTOR ASSESSMENT (SUMMARY): INDUSTRY AND TRADE

GLOBAL MOBILITY TRENDS IN ASIA

Brick. Although the urgent need to upgrade infrastructure is a challenge shared across the G20, potential solutions lie in wait, says EY s Bill Banks.

Session 4 Status of Climate Finance in the Philippines

IMF-ADB Seminar on Medium Term Revenue Strategy: ISORA and ADB s Comparative Series on Tax Administration

Research Note. Asia-Pacific Derivatives Survey. April 2019

Financing the MDG Gaps in the Asia-Pacific

Alternative ways of Financing Urban Development

PTA s INVESTMENT CHAPTER: THE JUXTOPOSITION OF THE INVESTMENT LIBERALISATION PROVISION

Catalyzing Green Finance

DEVELOPING BEST PRACTICES FOR PROMOTING PRIVATE SECTOR INVESTMENT IN INFRASTRUCTURE

Asia Update. April 26, 2005

The Relative Significance of EPAs in Asia-Pacific

ADDRESSING THE MACRO-ECONOMIC

Climate Change Finance Mainstreaming: A Snapshot

SECTOR ASSESSMENT (SUMMARY): TRANSPORT

Doing Business 2015 Fact Sheet: East Asia and the Pacific

Establishment of the High-Level Technology Fund

Value Creation Section

Asian Bond Market Initiative to support Infrastructure Development in the Region

Thailand and TPP 30 November 2012 Apiradi Tantraporn, Executive Chairperson The International Institute for Asia Pacific Studies (INSAPS), Bangkok

The effects of the financial crisis on developing countries mapping out the issues. By Julian Jessop

Regional trends on gender data collection and analysis

Contracts Awarded in November 2011

Regional Financial Integration and Financial Regulatory Cooperation The Importance of Asia s Bond Markets Lotte Schou-Zibell, ADB

FTSE Global Equity Index Series

GLOBAL TRENDS IN PUBLIC FINANCIAL MANAGEMENT

Financing NAMAs Experiences and Expertise of KC FSE

Getting India Back to the Turnpike: What will it Take?

[OMB CONTROL NUMBER ]

A Global Deep Dive on Indexing & ETFs

Mixed picture for Indonesia s garment sector

Linking Social Protection with Disaster Risk Management (DRM) & Climate Change Adaptation (CCA)

Demographic Changes, Pension Reform Needs in Asia and Prospects for International Cooperation

MEETING ASIA S INFRASTRUCTURE NEEDS HIGHLIGHTS ASIAN DEVELOPMENT BANK

Overview of Public Pension Systems in Emerging Asia

Asia-Pacific Countries with Special Needs Development Report Investing in Infrastructure for an Inclusive and Sustainable Future

AFOLU LEDS Finance Mapping Asia LEDS Forum John Costenbader, Climate Focus Yogyakarta, 10 November 2014

Near-term growth: moderating, but no imminent hard landing. Vulnerabilities are growing along the current growth path

Asia-Pacific Countries with Special Needs Development Report Investing in infrastructure for an inclusive and sustainable future

Global Real Estate Investments Opportunities and Risks in the Late Stage of the Cycle. Wolfgang Kubatzki, Managing Director, Scope Investor Services

The ASIAN Decade! Asset and wealth management industry in a state of preparedness for growth!

FTSE Environmental Opportunities Index Series

Can Moscow be an International Financial Center?

TERMS OF REFERENCE FOR INDIVIDUAL CONTRACT. Regional Public Financial Management Expert

Economic Institution Building in Asia

Natural Disasters in 2007: An Analytical Overview

SECTOR ASSESSMENT (SUMMARY): FINANCE (CAPITAL MARKET) 1. Sector Performance, Problems, and Opportunities 1

Regional Cooperation for Financial Stability and Resilience

Developments in Emerging East Asia Bond Markets

Asia Overview. September 23, 2005

I write to update you on the latest developments with respect to the Asia Aluminum Group and actions going forward.

Green Bond / Green Bond Programme. Independent External Review Form

Domestic and Foreign Debt: Global Projections to 2050

Transcription:

Challenges for Sustainable Urban Development in Asia Michael Lindfield

A Conceptual Framework for Sustainable Urban Development Sustainable Development Goals Building Assets for Implementation Investment Institutions Environment Economy Social Development

An Implementation Framework for Sustainable Urban Development Sustainable Development Goals Implementation Framework Investment Policy and Planning Institutions Finance Project Development

Asia s Urban Challenge

Rise in pollution and sea levels puts trillions in economic output and hundreds of millions of people at risk Urgent need for efficiency gains, reduction in pollution and GHGs and integrated planning for adaptation and mitigation Map of Metro Manila

City Country National Population -mill 2012 National GDP - $b 2012 City Population -mill 2012 Economic Product - $b 2012 Percentage National GDP Shanghai China 1360.8 8358.4 18.6 516.5 6.18% Mumbai India 1239.8 1841.7 21.9 227.0 12.33% Jakarta Indonesia 249.9 878.0 19.2 224.7 25.59% Manila Philippines 99.1 250.3 20.7 153.7 61.41% Bangkok Thailand 65.9 365.6 10.1 262.4 71.77% Tokyo Japan 127.2 5959.7 37.7 1520.0 25.50% Sydney Australia 23.4 1520.6 4.0 203.0 13.35% Denmark 5.6 314.2 Bangladesh 152.5 115.6

45 40 35 30 25 20 15 10 5 0 Prevalence of slums in Asia s cities (% of urban population) South Asia East Asia West Asia South-East Asia

Needed: Integrated Multi-Level Implementation Framework Levels of Implementation Institutions National Sub-national/ Regional Metro/ City A best practice infrastructure framework: Policy and planning providing effective coordination across levels, sectors and jurisdictions Defines agency responsibilities and funding for project development and performance-based implementation Integrated with appropriate government and capital market financing mechanisms

Policy and Planning Practice Framework needs to provide an enabling environment: Form of the strategy/ plan: includes agency responsibilities matches responsibilities with budget allocations embody mechanisms for involving both the private sector and the community; Effective nesting set of strategies/ plans: national strategy complements strategies of other levels of government, provides mechanisms to enhance collaboration between agencies in preparing strategies The cross-sectoral reach: encompasses all types of infrastructure Guidance on implementation of other strategies through the strategy/ plan Effective linkages with other relevant strategies. In addition to exhibiting these characteristics, best practice frameworks for planning: Are cross-jurisdictional in reach Are flexible, performance-based and responsive to changing circumstances Are enforced.

Project Development Practice Framework needs to provide an enabling environment: For small scale projects which need: An adequate planning context An asset management plan identifying the investment and a budget for it To be subject to cost benefit analysis. For large scale projects determining urban economic, social and/or environmental outcomes, which need: Concepts developed in the context of comprehensive socio-economic assessments Performance criteria developed so investment solutions are not predetermined Prefeasibility studies done to assess investment options and potential implementation and financing structures Feasibility study and due diligence processes which preserve the potential for options for innovative project solutions from contractors and financiers Market sounding and bid preparation processes responsive to market conditions Bid processes which are efficient and effective ensuring competition but providing incentives for physical and financial innovation Transparent bid assessments based on defined performance criteria and including cost benefit analysis.

Thank You