PREVENT
Webinar Session – Green Financing and Investment for Circularity in Southeast Asia
We are happy to share the recording of our second webinar session of our EU Webinar Series on Circular Economy in Southeast Asia on Green Financing and Investment for Circularity in Southeast Asia!
Session 2 – Green Financing and Investment for Circularity in Southeast Asia
Green investments in Southeast Asia reached US$8 billion in 2024, marking a 43 percent year-on-year increase, according to the Southeast Asia Green Economy report. The Philippines accounted for 16 percent of total private green investments that went into the region, reflecting growing investor confidence in the country’s sustainability agenda. Southeast Asia market can pursue a systemic approach to unlock circular growth in building long-term economic impact.
The aim of this webinar is to examine how green financing and sustainable investments can accelerate the transition to circular economy (CE) practices in Southeast Asia and the Philippines. It will highlight financing mechanisms, incentive schemes and blended finance models that can promote circular economy (CE) initiatives and encourage public–private partnerships across sectors. The session will also feature insights from development banks and partners who support investment pipelines and policy development, including initiatives in the region that establish a taxonomy for the circular economy. The session will also explore scalable, investment-ready business models. Finally, the webinar will highlight how EU–ASEAN cooperation, including development partners and financing institutions, can mobilise sustainable investments, support policy development and enable the adoption of green technologies.
We would like to thank our expert speakers for their valuable contributions:
🎤Tsvetomir Svilenov, European Union in the Philippines
🎤 Nicole Xuenan Zheng, IFC – International Finance Corporation)
🎤 Ellen Joyce Suficiencia, Bangko Sentral ng Pilipinas
🎤 Nguyen Trong Hanh, Institute for Strategies and Policies of Agriculture and Environment (ISPAE), Viet Nam
🎤 Akash Singh, SAGANA
Watch the recording here:
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EU Webinar Series on Circular Economy in Southeast Asia
The circular economy has gained significant momentum in Southeast Asia given its potential to decouple economic growth from resource use while creating new jobs, unlocking investment opportunities, and enhancing regional competitiveness. Southeast Asian countries continuously adopt circular economy principles and practices in policies, business models, financing, and community engagement that fit diverse local contexts while advancing shared regional goals. The EU Webinar Series on Circular Economy in Southeast Asia aims to serve as a strategic platform for regional dialogue and knowledge exchange between stakeholders from Southeast Asia and the European Union (EU), exploring how government, private sector, civil society, and academic stakeholders can co-create policies, financing mechanisms, and cross-border partnerships to scale up circular economy implementation across Southeast Asia. This webinar series is implemented by GIZ through the European Union-Philippines Green Economy Partnership and Go Circular projects in collaboration with the PREVENT Waste Alliance.
About the organisers
Funded by a P3.67 billion (€60 million) grant from the European Union, the European Union-Philippines Green Economy Partnership is a priority programme under the Global Gateway initiative – the European strategy engaging with partners globally and promoting investments around shared priorities such as the transition to a green economy. Led by the Department of Environment and Natural Resources, this priority programme of the European Union in the Philippines links European and Filipino partners from the private sector and the local government to foster a circular economy while sustaining economic growth that benefits all Filipinos. The Policy and Alliances component of the programme – co-funded with a €12 million grant from the European Union and a €1 million contribution from the International Climate Initiative of the German Federal Ministry for the Environment, Climate Action, Nature Conservation, and Nuclear Safety and implemented by GIZ Philippines and DENR-Environmental Management Bureau – supports policy development and fosters strong partnerships.
The Global Programme Go Circular collaborates with partners from business, government, and civil society on various aspects of the circular economy. The goal is to maintain the value of products, materials, and resources for as long as possible. The programme is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) and co-financed by European Union (EU). It operates in Colombia, Zambia, Viet Nam, as well as in Eastern and Southern Africa.
On the global level, Go Circular hosts the Secretariat of the PREVENT Waste Alliance. Initiated by the German Federal Ministry for Economic Cooperation and Development (BMZ), the PREVENT Waste Alliance is a multi-stakeholder partnership that brings together more than 700 member organisations from the private sector, academia, civil society, and public institutions. PREVENT’s mission is to advance the circular economy in low- and middle-income countries by minimising waste, eliminating pollutants, and maximising the reuse of resources in the economy worldwide.
If you have any questions, please do not hesitate to contact us via: anika.schumann@giz.de.
