UNEP FI Regional Roundtable for Sustainable Finance in Asia Pacific

Tokyo, Japan
11 – 12 December 2017


UNEP FI is establishing Regional Roundtables to provide an opportunity for members and actors in the sustainable finance community to come together locally to discuss the latest trends and innovations, and share good practice. 2017 marks UNEP FI’s 25th anniversary, and in this landmark year, our first ever Regional Roundtables will be the focus of our celebrations.

Please browse the tentative agenda, logistics information, opportunities to partner with UNEP FI at this event through sponsorship, as well as registration details.

We are looking forward to celebrating 25 years of sustainable finance!

Tentative Agenda

08:00 - 08:30Registration
08:30 - 09:00Lightning Rounds
Start the day with inspiration!

• Green buildings (CDL)
• Environmental stress testing (ICBC)
• Collaboration in the market place to deploy technology to mitigate flood risk (IAG)
• ESG risk assessments for financing prisons (NAB)
09:00 - 09:30Welcome Remarks
Venue: U-Thant Hall 3/F

09:30 - 10:20Keynote Speech: Strides in Sustainable Banking, Insurance and Investment in Asia Pacific

UNEP FI is celebrating its 25th anniversary since launching in 1992 when finance leaders committed to collectively support sustainable development. Since then, many financial institutions in Asia Pacific have been integrating environmental, social and governance factors and are building momentum around market leadership in sustainable finance. A high-level overview of the status of sustainable finance in the region, acknowledging innovation, priorities, gaps and opportunities for future collaboration.

Potential topics:
• Sustainable Banking, Insurance, Investment evolution (including developments across the region)
• Summary of global trends and relevance to the region, e.g. green bond market development.
10:20 - 10:40Networking Break
Engage with the high-level participants over coffee.
10:40 - 11:00Global Sustainable Finance Market Leadership

As financial markets begin to align with the SDGs, leaders are employing new approaches to environmental and social risk management, increasing green transactions and working towards becoming fully integrated sustainable financial institutions.

Eric Usher, Head, UNEP Finance Initiative
11:00 - 11:45Interview Q&A: Launch of Prototype Sustainable Finance Dashboard

• Initiatives in the region to track financial sector sustainability performance.
• UNEP FI sustainability dashboard to help banks assess and benchmark their progress towards integrating ESG considerations across their businesses. Q&A discussion on the purpose of the dashboard, metrics and potential applications of this prototype diagnostic tool.

Eric Usher, Head, UNEP Finance Initiative
♦ UNEP FI Global Steering Committee / Regional Advisory Board (Banking)
11:45 - 12:45Panel discussion: Overcoming Challenges to Environmental Risk Analysis for a Resilient Financial System
Panel Session

Several central banks have warned of systemic risks to the banking and insurance industries driven by environment-related financial risks. Are ERA approaches currently employed adequate? To what extent could techniques developed in the insurance industry be transferred to ERA in banking? What actions are being taken to strengthen risk analysis in Asia Pacific and what more is needed?

Potential topics include:
• Models, stress tests, data
• Progress in ERA Assessments and Stress-Testing Tools
• Collaborative research
• Capacity building
• Best practice
• Collaboration between banking/insurance to strengthen resilience.
12:45 - 13:45Networking Lunch
13:45 - 14:45Panel: ESG Integration in Capital Markets and Inclusive Green Finance
Panel Session

• Launch of UNEP FI/KOSIF/NABO report on a) the status, practices and implications of RI of major public pension schemes in developed countries; b) Status, practices and implications of ESG disclosure in Korea and other countries to enhance sustainable finance.
• Finding from UNEP FI/PRI research into the investment and regulatory environment on material ESG issues to support China’s long-term vision of balanced, inclusive and sustainable development.
• Responses to options for action highlighted for Asian six countries in the Investor Obligations and Duties in Six Asian Markets (UNEP FI/PRI report September 2016)
• Stock exchanges as enablers of green financial product development and findings from Sustainable Stock Exchange Initiative report on green finance.
• PRI global guidance for trustees.
• Shared Value Initiative strategy to invest assets in prevention and protection systems.
14:45 - 15:45Policy Intervention to Align the Financial System with Sustainable Development
High-Level Roundtable Dialogue

Session focuses on the extent to which the environment-finance nexus is reflected in policies, regulations and market innovations. What do the multiple stakeholders need and from whom?

Potential topics:
• Distinct enabling policies to the banking, the investment and the insurance sectors from the finance and the sustainability agendas of government agencies
• National roadmaps for policymakers to align the financial system with sustainable development.
• The G20 Sustainable Finance Agenda 2018
• Benchmarking green financial centres in Asia Pacific.
15:45 - 16:00Networking Break
Engage with the high-level participants over coffee.
16:00 - 17:00Panel Discussion: Mobilising Climate Finance
Panel Discussion

Session will give members updates on the recently concluded COP23 in Bonn and highlight the implications on banking, insurance and investment.

Potential topics include:
• Progress on climate finance in Asia Pacific
• Leadership by banks and insurers in closing gaps in financing resilience and the low-carbon transition.
• Market practice and opportunities to access Green Climate Fund and link to Nationally Determined Contributions.
• Addressing challenges in developing financial products to support national climate strategies.
• Market practice and derisking climate finance.
• UNFCCC clearing house for risk transfer.
• IGES research on decarbonisation.
17:00 - 18:00Plenary: UNEP FI Positive Impact Finance Initiative Launch

Aligning with the Sustainable Development Goals (understanding the relevance and recognising financial institution responses in the region).

Topics may include:
• Indicators
• Frameworks
• Assessments
• Solution-building
• Gender equity and sustainability bonds
18:00 - 18:30Free Time
18:30 - 21:0025th Anniversary Celebration Reception
25 years of changing finance, financing change

08:00 - 09:00Coffee and registrations
09:00 - 10:15Task Force on Climate-related Financial Disclosures

Session will highlight the opportunities arising from the emergence of reporting platforms; how the recommendations are adopted by financial institutions in their sustainability reports and how disclosures are catalysing sustainable financial products and institutions.

Topics may include:
• Converging reporting requirements.
• How can financial institutions put in place the systems to prepare for climate-related financial risks and opportunities, while helping clients and investees during the transition to the new climate economy?
10:15 - 10:30Networking Break
Engage with the high-level participants over coffee.
10:30 - 13:00 Parallel Sessions
Positive Impact in the Real Estate Sector in Cities (PWG Working Group)

Sustainable property

Highlight how a guidance note for real estate investors, including a mapping of existing positive impact investment frameworks, standards and cased studies would look, so that the real estate investors and their stakeholders have a better understanding of the next generation sustainable real estate investment.
Banking and Investment Approaches to Risk and Opportunities

ESG integration in financial analysis and lending & investment policies and practices.

Potential topics include:
• Guide to Banking and Sustainability.
• Practical knowledge sharing on financial institutions experiences.
• Implementation of the Equator Principles.
• Positive and negative screening in sensitive sectors.
• Fintech
• Hot topics and issues on the horizon: Risks and opportunities linked to air pollution, deforestation, mercury abatement controls under Minimata Convention, human rights, fossil fuels as the new tobacco, regulatory failure.
Principles of Sustainable Insurance (PSI) Market Event

Butch Bacani

One-day event that explores multiple roles and current good practices of insurance amidst prevailing risks in the region. Also highlights the way forward with relevant stakeholders.

Potential topics:
• Cities - the Insurance Development Goals for Cities
• Pollution and health
• Integrating environmental, social and governance issues into insurance underwriting – consultation
• Inclusive insurance, insurtech and sustainability
• Disaster risk reduction
• Shared Value Initiative (IAG)
• Ant Financial
13:00 - 14:00Networking Lunch
14:00 - 15:30Natural Capital Finance Alliance

• Finance Sector Supplement to the Natural Capital Protocol
• Advancing Environmental Risk Management
Principles of Sustainable Insurance (PSI) Market Event (continued)
15:30 - 16:00Networking Break
Engage with the high-level participants over coffee.
16:00 - 17:00Social Inclusion and Human Rights

Implementing the UN Guiding Principles – progress and challenges with respect to business responsibility in the Asia Pacific region

Potential topics include:
• Linking with global initiatives
• Clarifying the role of finance re human rights
• Causes and linkages
• Grievance and remedy
Principles of Sustainable Insurance (PSI) Market Event (continued)
17:00 - 18:30Financing Green Growth in Asia Pacific
Closing Plenary

Potential topics include:
• Green financial instruments including loans, climate bonds, infrastructure and project finance.
• Greening the Belt & Road Initiative.
• Addressing challenges and closing the gaps.
• The role of governments, corporate issuers and financiers in ensuring transparency and accountability.
• Monitoring use of proceeds.
• Fintech – can technology help solve challenges?
• Greening property.
• Green bonds frameworks in Asia Pacific.
• Green finance approaches to scaling up solutions in Mongolia, India, Kazakhstan, Indonesia and China.
• Innovative approaches to financing.
• State of sustainable structured finance.
9:00 - 11:00UNEP FI Banking Members Workshop

Tentative Topics:
• Banking work programme 2018
• UNEP FI Statement of Commitment.
• Priorities for members in Asia Pacific
• Fintech
14:00 - 18:00Principles for Financial Action Towards a Sustainable Society

By Invitation Only