Our Mission: Mobilizing Green Finance Action in Southeast Asia
The Greening the Banks (GTB) initiative, led by Allotrope, aims to strengthen the capacity of Southeast Asian banks and financial institutions (FIs) to actively participate in green finance, with the ultimate goal of rapidly scaling renewable energy investments, while decreasing capital flows to fossil fuels.
Greening the Banks bridges gaps to unlock scaled implementation of green finance practices in the region by facilitating direct on-the-ground dialogues among banks, project developers, and financial regulators, while proactively collaborating with global, regional, and local initiatives with shared objectives.
Our Workstreams
RISK Awareness
GTB increases awareness and understanding of physical and transition risks to FI portfolios across Southeast Asia, including stranded fossil assets in the transition to a low-carbon economy as well as the impacts of climate change. GTB also shares clean energy market data and case studies with local stakeholders to reduce misperceptions of green finance risks.
FINANCING OPPORTUNITIES
GTB aims to accelerate the development of an investable green infrastructure project pipeline, including renewable energy and energy efficiency projects, by bringing together bankers and developers to improve project readiness and attractiveness of submissions. GTB also engages regulators to jumpstart new opportunities for financing.
GREEN PRODUCTS
In light of the risks and opportunities, GTB builds capacity of local FIs to develop and issue a whole suite of green financial products, including green bonds, green loans, working capital for energy service companies, consumer loans, and other innovations to enable widespread green technology adoption across Southeast Asia.
Recent Events and Resources
Allotrope leads Greening the Banks capacity building event to enhance understanding of Battery Energy Storage Systems (BESS) in the Philippines
Allotrope Hosts Major Financed Emissions Accounting Workshop in Vietnam with CPI, HSBC Vietnam, and PCAF
Allotrope organizes Greening the Banks capacity building event to enhance understanding of green taxonomies in the Philippines
ALLOTROPE SHARES KNOWLEDGE PRODUCT ON FINANCING OPPORTUNITIES FOR MEDIUM-SIZED CLEAN ENERGY PROJECT DEVELOPERS IN THE PHILIPPINES
Key Stakeholders
Banks and Financial Institutions
Building a Green Project Pipeline
Increasing Internal Capacity
Project Developers
Addressing Financing Gaps
Sharpening Project Readiness
Regulators and Government Partners
Connecting with Private Sector Feedback
Cascading Global Best Practices