Agenda

Tentative Agenda

08:00-10:30Registration and Networking
08:00-09:00 Registration for UNEP FI Members Only
09:00-10:30 Registration for all participants
09:00-10:20UNEP FI Annual General Meeting (UNEP FI Members Only)
Venue: Grand Auditorium

Confirmed speakers:
Shu Gu - President, President, Industrial and Commercial Bank of China Limited
10:30Start of UNEP FI Global Roundtable
10:30-11:00Opening Ceremony & Welcome Remarks
Venue: Grand Auditorium
Launch of the Banking Principles for Public Consultation
Key Announcement
Venue: Grand Auditorium

Launch of the UNEP FI consultation on the development of global Responsible Banking Principles, alongside an ambitious target-setting and accountability framework. The banking industry represented by leading UNEP FI member banks worldwide have set out to develop global Responsible Banking Principles that will define the banking industry’s role and responsibilities in aligning financing with the UN Sustainable Development Goals and Paris Agreement on Climate Change to help shape a sustainable future.
11:00-11:30Keynote: Strategic Outlook to Align Finance with UN Goals
11:30-11:45Keynote: Aligning Banking with Society’s Goals
11:40-13:00High Level CEO Panel Discussion: Leadership for a New Way of Banking
CEOs of the founding members of the Banking Principles will discuss new ways of banking that are aligned with society's goals.

Confirmed speakers:
Marcos Ramírez Miguel - CEO, Grupo Financiero Banorte
TP Nchocho - CEO, Land Bank
Carlos Torres Vila - CEO, BBVA
Casper von Koskull - CEO, Nordea
Joshua Oigara - CEO, KCB Group
Jung-tai Kim - CEO, Hana Financial Group
Peter Blom - CEO, Triodos Bank
Cho Yong-byoung - CEO and Chairman, Shinhan Financial Group
Frédéric Oudéa - CEO, Société Générale
Tengku Zafrul Aziz - CEO, CIMB Group
Herbert Wigwe - CEO, Access Bank
13:00-14:00Lunch
Venue: Grand Auditorium Foyer
14:00-14:10Innovation to achieve the Sustainable Development Goals
14:10-15:10Rethinking Impact to Finance the Sustainable Development Goals
Launch
Venue: Grand Auditorium

What and where exactly is the financing gap for the SDGs? What is the nature and scope of SDG financing flows today and what do they tell us about the barriers to financing the SDGs and how we might break through them?

Rethinking Impact to Finance the SDGs, UNEP FI’s position paper on the topic, offers a deeply innovative analysis of these burning questions, highlighting the as yet underexploited potential for reducing the SDG bill, crowding in the private sector, and optimizing public spending. The paper points to the financial value of positive impacts and the potential for developing business and public-private partnerships where impacts are no longer an externality but a core part of the business and financing model.

Two years after the Positive Impact Manifesto that led to setting up the Positive Impact Initiative at UNEP FI, and the release of the Principles for Positive Impact Finance in 2017, Rethinking Impact articulates the concepts of an impact-based economy and reiterates the case for a common impact language and a holistic approach to impact analysis and management.
15:10-15:35Aligning Finance with the UN Climate Change Goals
Fireside chat
Venue: Grand Auditorium

Insight into the financial sector’s readiness to align capital allocations to science-based targets to move from incremental to system-wide change. The Science-based Targets Initiative is exploring technical approaches and guidance for financial institutions to potentially use to guide their strategy and business towards 2-degree alignment. What are the emerging practices to develop evidence-based climate strategies? Potential topics include challenges and advances in practices across banking, insurance and investment, integrating knowledge from other fields of expertise to enhance financial resilience; accountability and transparency.
15:35-16:00Break
16:00-17:00Advancing Environmental Risk Management: Integrating Natural Capital into Credit Risk
Launch and Panel Discussion
Venue: Grand Auditorium

Enabling economic growth and safeguarding human well-being both depend on nature’s ability to continue to provide goods and services such as clean water and flood protection. Yet little is known about the link between the health of environmental assets and the economy, such as the risk from disruption of these services to businesses, their supply chains and the portfolios of financial institutions. The Natural Capital Finance Alliance, a joint initiative between UNEP FI and Global Canopy Programme, will launch an online tool that enables users to identify and assess natural capital risk globally and a framework for banks to integrate natural capital risks into financial risk management.

Confirmed speakers:
Madeleine Ronquest - Head of Environmental and Social Risk Management, First Rand
• Moderator: Dr. Richard Mattison - CEO, Trucost S&P
17:00-17:30
Insurance Development Goals for Cities
Fireside Chat
Venue: Grand Auditorium

The “Insurance Development Goals for Cities” launched in June aim to help realise the UN Sustainable Development Goal for Cities (SDG 11) and the New Urban Agenda, develop city-level sustainable insurance roadmaps, and convene insurance industry CEOs and city mayors as part of the “Bonn Ambition”. Dialogue with 2-3 speakers.
17:30-17:50France Roadmap (TBC)
Keynote
Venue: Grand Auditorium

UNEP FI, the Principles for Responsible Investment (PRI), and the Generation Foundation are collaborating with Finance for Tomorrow to publish a France roadmap for sustainable finance. The roadmap, developed under the joint Fiduciary Duty in the 21st Century programme launched in 2016, will set out recommendations for institutional investors and policy makers to promote responsible investment in France. The French market has already demonstrated leadership in sustainable finance. However, further progress is needed to finance international sustainability targets, such as climate goals under the Paris Agreement on Climate Change.
17:50-18:00Closing Remarks
Venue: Grand Auditorium
08:00-08:30Registration and Networking
Plenary Sessions at the Grand Auditorium
08:30-08:35Welcome
Venue: Grand Auditorium
Lighting Round: Innovative Industry Approaches to Environmental and Social Challenges
08:35-09:05SYSTEMS CHANGE
Africa & Middle East

Private sector working proactively with central banks in AME.
08:35-09:05PRODUCT DEVELOPMENT
Africa & Middle East: Financing for Positive Impact

Financing for Positive Impact in Morocco
Use case of how a bank/investor has developed a Positive Impact Finance product that contributes to financing to help achieve the SDGs.
08:35-09:05Asia Pacific
08:35-09:05INTEGRATION
Latin America & Caribbean - Financing for Social Inclusion

How a financial insitution is addressing social inequality and access to financial services.
08:35-09:05North America
9:10-9:20Keynote
Venue: Grand Auditorium
09:20-10:20INTEGRATION
Implementing the Task Force on Climate-Related Financial Disclosures Recommendations
High-Level Plenary
Venue: Grand Auditorium

Panel focused on pioneering implementation by banks, investors and insurers. Three years on from the ground-breaking UN Paris Agreement on Climate Change, UNEP FI’s banking, insurance and investment members are collaborating to pilot implementation of the Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) recommendations to assess and disclose how their organizations are likely to be impacted by climate change and how they plan to respond.
What have these pioneering pilots of forward-looking scenario-based modelling revealed so far and what are the implications for climate change strategies, accountability and disclosure? What are the next steps to address unearthed climate-risks and opportunities linked to the transition to the low-carbon and climate-resilient economy of the future?
10:20-10:40Coffee break and transition to Parallel Sessions
Parallel Sessions: Round 1
10:40-11:45SYSTEMS CHANGE
The New Level Playing Field on Investor Duties
Parallel Session 1
Venue: Grand Auditorium

UN Environment/Principles for Responsible Investment (PRI) flagship report ‘Fiduciary Duty in the 21st Century’ found that failing to consider long-term investment drivers, including ESG factors, is a failure of fiduciary duty. Yet some “responsible investors” still fail to consider ESG factors as a key element of sound investment stewardship. This session will explore recent developments and next steps for an investment and regulatory environment in key markets to support the consideration of ESG factors can help enhance investment management processes and promote sustainable business practices. The panel will discuss progress and share experience across countries including France and China. Potential topics include EU Action Plan, Fiduciary Duty in China research and Belt & Road, ‘overseas’ investment practices/how reconsidering ESG integration in investor duties opens doors for international investors (both ways) e.g in China.

Confirmed Speakers
Fabio Coelho - Superintendent, Previc, Brasil
David Rouch - Partner, Freshfields Bruckhaus Deringer
10:40-11:45PRODUCT DEVELOPMENT
Mainstreaming impact analysis in decision-making
Parallel Session 2
Venue: Salon Napoleon

Practice-sharing about frameworks and tools financial institutions use to analyze impacts in the context of mainstream capital markets and products. Practitioners will discuss their approaches to analyzing both positive and negative impacts of underlying assets for a range of financial instruments, products and services. A technical session of the Positive Impact initiative.
10:40-11:45INTEGRATION
Technical Session on Advancing Environmental Risk Management
Parallel Session 3
Venue: TBC

This Natural Capital Finance Alliance technical session will provide training on how to use the newly launched framework for integrating natural capital risk into banking portfolios, including lessons from piloting banks and working through a case-study in teams. Potential topics include potential applications of combining big data on natural capital and credit systems.
11:45-12:00Break and Transition between sessions
Parallel Sessions: Round 2
12:00-13:00INTEGRATION
Progress and Innovation Toward a Low-Carbon Buildings Sector
Parallel Session 4

Insights into potential to deliver significant, cost-effective emission reductions from the buildings sector to contribute to near-term and longer-term goals towards a low-carbon transition. The session will provide an update on the sectors’ progress in improving energy productivity and investing in low-carbon construction and retrofits - showing significant gains but short of projections of what is required. It will highlight specific initiatives to which owners/investors, lenders, policy-makers and other value chain participants can take part in including science-based targets; building passports; and commitments for zero-emission buildings.

Confirmed Speakers
Frank Hovorka - Director of Strategy, Quartus
Josien Piek - Head of EMEA, GRESB
12:00-13:00SYSTEM CHANGE
The Human Rights - Environment Nexus in Finance
Parallel Session 5: Dialogue
Venue: Salon Napoleon

The maturity of financial institutions in applying human rights due diligence, and tackling climate and biodiversity issues in their business is ever growing – stimulated by global standards such the UN Guiding Principles on Business and Human Rights, the Paris Agreement and the Natural Capital Finance Alliance. The ‘human rights’ and ‘green’ tracks are however often evolving in parallel, leading to human rights risks attached to green finance but also missed opportunities to achieve climate and biodiversity targets. This session will explore the role of a rights-based approach as a guarantee of, and support for, legitimate and effective climate and conversation finance. It will specifically look at the case of environmental defenders, many of whom come from indigenous and local communities, as the test of the rights-based approach in climate and conservation finance.
12:00-13:00PRODUCT DEVELOPMENT
Hothouse Earth: The case for ecosystem resilience
Parallel Session 6
Venue: Salon d'honneur or New Room (TBC)

Imagine the Amazon rainforest as a dry savanna. Recent scientific evidence suggests that ecosystem hotspots critical to the Earth’s climate resilience can tip into new stable states, and that a ”domino-like cascade of melting ice, warming seas, shifting currents and dying forests could tilt the Earth into a “hothouse” state beyond which human efforts to reduce emissions will be increasingly futile” (Source: The Guardian). Two of these hotspots are the Amazon and Boreal forests, which are affected by climate change and deforestation. This session will present the scientific evidence of Hothouse Earth and discuss how financing decisions can create risks to global portfolios and provide solutions through conservation finance.

Confirmed Speakers
Daniella Carreira - Senior Manager, Environmental Issues, Principles for Responsible Investment
Fabian Huwyler - Head of Green Solutions, Credit Suisse
13:00-14:00Lunch
Venue: Grand Auditorium Foyer
Parallel Sessions: Round 3
14:00-15:15INTEGRATION
ESG in Underwriting Guidance in Development
Parallel Session 7
Venue: Grand Auditorium

Insights into emerging global guidance on sustainable insurance underwriting across lines of business and industry sectors to better manage environmental, social and governance risks in core insurance business strategies and operations, and to support global policy frameworks such as the UN Sustainable Development Goals, the Paris Agreement on Climate Change, the Sendai Framework for Disaster Risk Reduction and the UN Guiding Principles on Business and Human Rights.
14.00-15:15PRODUCT DEVELOPMENT
Agriculture and Forestry/Sustainable Land Use
Parallel Session 8
Venue: Salon Napoleon

• Removing Deforestation from commodity supply chains: Developing financing models
• As part of a larger project with UNDP, IFC, WWF and others, this UNEP FI project looks at approaches to remove deforestation from agricultural commodity supply chains (beef, palm oil, soy) in Indonesia, Liberia, Brazil and Paraguay. A Transaction component will explore the
• implications and roles for the finance sector.
• Formulating business and investment models for REDD+finance. Series of projects to identify and formulate business models to reduce deforestation, investment models to support country REDD+ (reduce emissions from deforestation and forest degradation) strategy in Africa, Latin America and Asia.

Topics include the Tropical Landscape Finance Facility and Partnership for Forest Protection and Sustainable Agriculture.

Confirmed speakers:
Fernando Alberto Silva Facetti -National Senator, Authentic Radical Liberal Party
14:00-15:15PRODUCT DEVELOPMENT
Green Tagging and Technology to Scale Up Green, Inclusive Lending
Parallel Session 9
Venue: Salon d'honneur or New Room (TBC)

With energy efficiency representing nearly 75% of the investment gap for the realization of the European 2030 climate and energy targets, it represents an untapped potential in the USD trillions globally. However, financial institutions are often not aware of the contribution they are already making to energy efficiency due to the integrated nature of EE improvements in mainstream mortgages or other lending activities.

This session will focus on the practice of green tagging, which is a systematic process to attach, for example, the energy efficiency performance of real estate collateral to mortgages and thereby identify the risk and value improvements of energy efficiency across banks’ lending portfolios.

Confirmed Speakers
Tatiana Bosteels - Director, Responsible Property Investment and Sustainability
Peter Sweatman - CEO, Climate Strategy and Partners
Fredrik Nilzen - Group Head of Sustainability, Swedbank
Nick Robins - Professor of Practice in Sustainable Finance, LSE
Paula Rey Garcia - Team leader, European Commission
15:15-15:45Break
Plenary Sessions: Round 4
15:45-16:35SYSTEMS CHANGE
Implementing the EU Action Plan for Sustainable Finance
High Level Plenary
Venue: Grand Auditorium

Progress on implementation of the European Commission’s Action Plan which sets out an EU strategy for sustainable finance across banking, insurance and investment. Proposed measures include an EU taxonomy for climate change, environmentally and socially sustainable activities; creating category of low-carbon benchmarks; clarifying institutional investors' and asset managers' duties on sustainability and to increase transparency of end-investors; incorporating climate risks into institutions' risk management policies and on the potential calibration of banks' capital requirements in the Capital Requirement Regulation and Directive to take into account climate change-related risk; and requiring asset managers and institutional investors to disclose how they consider sustainability factors in their investment decision making process.
16:40-17:30SYSTEMS CHANGE
Roadmaps for Financing Sustainable Growth
High Level Plenary
Venue: Grand Auditorium

Development of National Roadmaps for Sustainable Finance and Progress on the implementation of the European Commission’s Action Plan which sets out an EU strategy for sustainable finance across banking, insurance, and investment. Proposed measures include an EU taxonomy for climate change, environmentally and socially sustainable activities; creating category of low-carbon benchmarks; clarifying institutional investors' and asset managers' duties on sustainability and to increase transparency of end-investors; incorporating climate risks into institutions' risk management policies and on the potential calibration of banks' capital requirements in the Capital Requirement Regulation and Directive to take into account climate change-related risk; and requiring asset managers and institutional investors to disclose how they consider sustainability factors in their investment decision-making process. Canada, Luxembourg and France Roadmaps.

Confirmed speakers:
• Moderator: Elliott Harris - UN Assistant Secretary-General and Chief Economist, UN Department of Economic and Social Affairs
Dr. Ma Jun - Director of the Center for Finance and Development, Tsinghua National Institute of Financial Research - Guidelines for Greening China’s Financial System
Greg Medcraft - Director of the OECD Directorate on Financial and Enterprise Affairs
17:30-17:50SYSTEMS CHANGE
Scaling up innovation and impact across the financial system
Keynote
Venue: Grand Auditorium
17:50-18:00Closing Remarks
18:00-21:00Gala Dinner and Networking
Venue: La Nef
Climate Finance Day

After the success of the three editions of Climate Finance Day; in 2015 at UNESCO Headquarters to initiate the mobilization of the financial sector ahead of COP21, in 2016 in Casablanca to move forward especially with Africa just before COP22, and in 2017 to accelerate actions on the eve of the One Planet Summit held to celebrate the second anniversary of the Paris Agreement, this Paris rendez-vous will annually take stock of the key achievements and the most innovative solutions on green finance issues.

The 4th edition of Climate Finance Day will build on the steady and growing financial sector mobilization worldwide and on the political momentum following the Paris Agreement and the EU Action Plan on Sustainable Finance. The event is the waypoint to take stock on private and public actors commitments and major achievements on green and climate finance issues. This year, it will focus on the progress made towards the greening of the global financial system. The event will also highlight the main issues for climate finance in Asia and especially in China. It will also showcase the development and outreach of innovative products, asset classes, and business lines in private equity and green loans.

Climate Finance Day is the annual flagship event of Finance for Tomorrow, which aims to mobilise the international financial sector on the fight against climate change and to showcase innovative solution provided both by the public and private market players.

For more information, please go to www.climatefinanceday.com
Paris GRT 2018 organisers