Promoting sustainable development and advocating the adoption of a greener economic model has become a long-term challenge for different countries, especially for archipelagos within Asia-Pacific that rely heavily on critical ecosystems for their source of living whether directly and indirectly. In order to address the growing realization that conventional methods of resources development are no longer the most effective means of safeguarding sustainability of resources, the 12th Pacific Region Investment Conference slated for Nov. 15 to 16, 2012 in Manila, Philippines will discuss and explore more suitable approaches that would lead to a more “Green or Blue” Economic Model.
With this year’s theme: “The Future Steward: Promoting global sustainability through socially responsible investing,” the Asia Pacific Association for Fiduciary Studies, a non-profit organization whose mission is to raise the level of standards of practice among fiduciaries in the Asia Pacific region, is set to discuss the latest trends and advancements in regional conservation and sustainable development initiatives.
APAFS has gathered a panel of experts for a session titled “Island Leadership on Global Challenges” to discuss the current issues in both economic and environmental areas. It will be addressed by a panel of speakers and proponents of the Micronesia Challenge Initiative (www.micronesiachallenge.org) composed of William Kostka of Micronesia Conservation Trust, Elbuchel Sadang of Palau Conservation Society, Ricky Carl and Umiich Sengebau of The Nature Conservancy Micronesia Program, Dr. Peter Houk of the Pacific Marine Resources Institute, and Clarinda Ziegler of the Palau Protected Areas Network Fund.
“In the light of this year’s conference theme, we are pleased to have a group of environmental experts on board to share their success stories regarding their initiatives in advancing the ‘Green/Blue Economy.’ We see that pushing for both sustainable development and growing investment returns are not mutually exclusive. This could also mean widespread awareness of the islands’ ongoing initiatives and a directly proportional expansion to the tourism of the countries in the Asia Pacific region,” says APAFS executive director Daniel Roland.
In conjunction with the 12th Annual Pacific Region Investment Conference, APAFS offers for the second year, the Accredited Investment Fiduciary® Training Program facilitated by fi360 on Nov. 13 and 14, 2012, in Manila. The AIF® Training Program gives attendees the ability to earn the AIF® designation, which is the first and only designation that demonstrates knowledge and competency in the area of fiduciary responsibility.
APAFS is a Guam-based non-profit association whose mission is to raise the level of standards of practice among fiduciaries in the Asia Pacific region. APAFS members comprise central governments, government agencies, colleges and universities, and other institutional investors. APAFS is also an endorsed Country Sponsor authorized by the Global Investment Performance Standards Executive Committee to promote the GIPS standards. (APAFS)