08:00-10:00Registration and Networking
08:00-09:00 Registration for UNEP FI Members Only
09:00-10:00 Registration for all participants
09:00-10:00UNEP FI Annual General Meeting (UNEP FI Members Only)
Venue: Grand Auditorium
10:15Start of the Global Roundtable

Maithreyi Seetharaman - Anchor and Executive Editor, Euronews
10:15-10:30Opening Ceremony & Welcome
Venue: Grand Auditorium

Welcome: Augustin de Romanet - Chairman, Paris Europlace & Eric Usher - Head, UNEP FI

Opening remarks:
Satya Tripathi - Assistant Secretary-General, UN Environment

Venue: Grand Auditorium

Thomas Buberl - CEO, Axa Group

Venue: Grand Auditorium

Masamichi Kono - Deputy Secretary-General, OECD

Venue: Grand Auditorium

Hiro Mizuno - Executive Managing Director and Chief Investment Officer, GPIF Japan

11:00-13:00Launch of the Principles for Responsible Banking for Public Consultation
Venue: Grand Auditorium
11:00-11:20Leaders Dialogue: The Role of Banking

Elliott Harris - UN Assistant Secretary-General and Chief Economist, UN Department of Economic and Social Affairs
Martin Skancke - Chairman, Principles of Responsible Investment
• Moderator: Brandee McHale - Director, Corporate Citizenship, Citi and President, Citi Foundation

11:20-11:40Principles for Responsible Banking

Simone Dettling - Banking Team Lead, UNEP FI

11:40-13:00 CEOs Panel Discussion: Transforming Banking

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.

Confirmed speakers:
Herbert Wigwe - CEO, Access Bank
Tengku Dato' Sri Zafrul Tengku Abdul Aziz - CEO, CIMB Group
Shu Gu - President, ICBC
Joshua Oigara - CEO, KCB Group
TP Nchocho - CEO, Land Bank
Casper von Koskull - CEO, Nordea
Christos Megalou - CEO, Piraeus Bank
Cho Yong-byoung - CEO and Chairman, Shinhan Financial Group
Frédéric Oudéa - CEO, Société Générale
Peter Blom - CEO, Triodos Bank
Chultemiin Munkhtsetseg - Chairwoman, Golomt Bank

•Moderator:Brian Caplen - Editor, The Banker
Venue: Grand Auditorium Foyer
14:00 -14:15Keynote
Venue: Grand Auditorium

Frédéric Oudéa - CEO, Société Générale

Watch recording here.
14:15-15:05Rethinking Impact to Finance the Sustainable Development Goals
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.

The paper explores the concepts of an impact-based economy and reiterates the case for a common language and a holistic approach to impact analysis and management.

Opening remarks:
Ligia Noronha - Director of UN Environment's Economy Division

Andrew Parry - Co-Chair of the PI Initiative and Head of Sustainable Investing, Hermes
Thierry Boisnon - CEO of Nokia France and VP, Head of Strategy & Portfolio Management, Global Services Nokia
Hamid Tawfiki - CEO, CDG Capital
• Moderator: Nina dos Santos - Europe Editor, CNN

15:05 - 15:20Keynote
Venue: Grand Auditorium

Bruno Le Maire - Minister of Economy and Finance, France

15:20-15:40France Roadmap for Sustainable Finance
Venue: Grand Auditorium

Introduction by Martin Skancke - Chair, Principles for Responsible Investment

Brune Poirson - Secretary of State, Ministry for the Ecological and Inclusive Transition
• Moderator: Philippe Zaouati - CEO, Mirova & Chair, Finance for Tomorrow

15:40-16:00Aligning the Financial Systems with the Climate Goals of the Paris Agreement
Leaders Dialogue
Venue: Grand Auditorium

Delivering on the Paris Agreement means effectively limiting the global mean temperature increase to well below 2*C. This in turn means decarbonising the global economy and reaching Net Zero in greenhouse gas emissions early in the second half of this century.
The global society will only deliver on Paris if a new level of political ambition among Governments is matched by an equal level of commitment & determination from the world’s corporate and financial communities.

How can financial institutions now – by issuing climate-related strategies and setting climate-related targets - help unlock a virtuous cycle of climate action that will enlist all other stakeholders and ultimately move the needle?

Guenter Thallinger - Member of Board of Management and Chairman of ESG Board, Allianz SE
Laszlo Varro - Chief Economist, International Energy Agency
• Moderator: Eric Usher - Head, UNEP FI

16:05-16:25Coffee break
16:25 - 17:25Exploring Natural Capital Opportunities, Risks, and Exposure
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.

Opening Remarks
Livia Leu Agosti - Swiss Ambassador to France

Marc Abadie - Chairman, CDC Biodiversité
Madeleine Ronquest - Head of Environmental and Social Risk Management, First Rand
Liselotte Arni - Managing Director, Head Environmental and Social Risk, UBS
Raffaello Cervigni - Lead Environmental Economist, WAVES Program, World Bank Group
Mark Tercek - CEO, The Nature Conservancy (TNC)
• Moderator: Dr. Richard Mattison - CEO, Trucost S&P

From aspiration to transformation: How the PSI is shaping the Global Sustainable Insurance Agenda
Leaders Dialogue
Venue: Grand Auditorium

Endorsed by the UN Secretary-General and insurance industry CEOs, the Principles for Sustainable Insurance (PSI) were launched at the 2012 UN Conference on Sustainable Development. Since then, the PSI has served as a global framework for the insurance industry to address environmental, social and governance risks and opportunities. Moreover, the PSI has led to the largest collaborative between the UN and the insurance industry, highlighting how the insurance industry—as risk managers, insurers and investors—can contribute to building resilient, inclusive and sustainable communities and economies.

What are key achievements, priorities and challenges for the PSI and its members? How is the PSI shaping the global sustainable insurance agenda and driving action and ambition to help realise the aims of global policy frameworks such as the UN Sustainable Development Goals, Paris Agreement on Climate Change, and Sendai Framework for Disaster Risk Reduction?

Denis Duverne - Chairman of the Board, AXA Group
Julie Batch - Chief Customer Officer, IAG
Dave Jones - California Insurance Commissioner
• Moderator:Butch Bacani - Insurance Lead, UNEP FI

17:55-18:00Closing Remarks
08:00-08:30Registration and Networking
Plenary Sessions at the Grand Auditorium
Venue: Grand Auditorium

Martina Macpherson - President, Network for Sustainable Financial Markets

08:35-09:00Lightning Round: Innovative Industry Approaches to Environmental and Social Challenges

Round 1: Africa & the Middle East
Championing change: An FI perspective
Dr. Dalia Abd El Kader - Director of Marketing and Communications, Arab Africa International Bank

Round 2: Asia Pacific
Japan’s Sustainable Real Estate Investment at a glance
Ryuichi Horie - Co-founder and CEO, CSR Design Green Investment Advisory, Co., Ltd
Tadateru Kitaoka - Head of Research and Marketing Department, Mitsubishi Corp.- UBS Realty Inc
Fumiki Kondo - Senior Managing Executive Officer, Nomura Real Estate Asset Management Co., Ltd.
Hideki Kobayashi - Head of ESG Office, Japan Real Estate Asset Management Co., Ltd
Masato Ito - Associate General Manager, Head of Sustainable Property Promotion Team Real Estate Advisory Department Sumitomo Mitsui Trust Bank, Limited

Round 3: Latin America & Caribbean
UNEP FI Members Exchange
Maria Eugenia Sosa Taborda - Sustainability Manager. ITAU Unibank

Round 4: North America
Sustainable Finance Agenda in Canada
Barbara Turley-McIntyre - Vice President, Sustainability & Citizenship, The Co-operators Group Limited
Venue: Grand Auditorium

Eric Usher - Head, UNEP FI
Implementing the Recommendations of the Task Force on Climate-Related Financial Disclosures
High-Level Plenary

Venue: Grand Auditorium

Three years on from the ground-breaking UN Paris Agreement on Climate Change, UNEP FI’s banking, insurance and investment members are collaborating to develop the skills, capacities and tools required to more fully grasp the risks and opportunities presented by climate change. As such they are piloting implementation of the recommendations of the Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) to assess and disclose how their organisations are likely to be impacted by climate change and how they plan to respond. What have these pioneering efforts of forward-looking, scenario-based assessments revealed so far? Which barriers and bottlenecks need to be removed to enable wide-spread, routine and TCFD-aligned disclosures by a critical mass of both corporate and financial actors? Ultimately, what can the TCFD deliver, and what can it not?

Richard Cantor - Chief Risk Officer, Moody's Corporation
Ernst Rauch - Chief Climate and Geo Scientist, Munich Re
Kristin Halvorsen - Director, CICERO
Maarten Biermans - Head of ESG Policy, Rabobank
Remco Fischer - Climate Lead, UNEP FI

• Moderator:Jane Ambachtsheer - Global Head of Sustainability, BNP Asset Management

10:05-10:20Leaders Dialogue: Sustainable Finance Opportunities
Venue: Grand Auditorium

Stanislas Pottier - Chief Responsible Investment Officer, Amundi
Nicholas Ptaff - Senior Director, Market Practice and Regulatory Policy, ICMA

• Moderator: Maithreyi Seetharaman - Anchor and Executive Editor, Euronews

10:20- 10:35Leaders dialogue: Sustainable Finance Challenges
Venue: Grand Auditorium

Dr. Rachel Melson - UK/Europe Director, Tobacco Free Portfolios
Brandee McHale - Director, Corporate Citizenship, Citi; President, Citi Foundation and GSC Chair, UNEP FI

• Moderator: Maithreyi
10:35-10:50Break and transition to Parallel Sessions
Parallel Sessions 1-3
Mainstreaming holistic impact analysis to drive positive impact in finance
Parallel Session 1
Venue: Grand Auditorium

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.

Ghizlaine Nourlil - Sustainable Finance Manager, BMCE
Andrew Parry - Co-Chair of the PI Initiative and Head of Sustainable Investing, Hermes
Denis Childs - Co-Chair of the PI Initiative & Head of Positive Impact Finance and Environmental and Social Advisory, Société Générale
Careen Abb - Positive Impact Lead, UNEP FI
Will Martindale - Director of Policy and Research, PRI

•Moderator: Hugh Wheelan - Managing Editor, Responsible Investor

The Next Frontier for Investor Duties
Parallel Session 2
Venue: Salon D’Honneur

This session will explore recent developments in key markets to support and mandate the consideration of ESG factors in investment decision making processes. It will discuss the raising expectations on investors to align with climate and sustainable development objectives. The speakers will also debate on the relationship between investor duties and the need for investors to take account of the sustainability impact of their investment activities.

David Rouch - Partner, Freshfields Bruckhaus Deringer
Hanzo van Beusekom - Member of the Executive Board, Dutch Authority for the Financial Markets (AFM)
Puja Jain - Partner Global Equities, Generation Investment Management
Gerard Fehrenbach - Senior Advisor Responsible Investment, PGGM

• Moderator: Elodie Feller - Investment Lead, UNEP FI
Exploring Natural Capital Opportunities, Risks and Exposure in practice
Parallel Session 3
Venue: Salon Napoleon

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.

Rosemary Bissett - Head of Sustainability Governance & Risk, National Australia Bank
Eric Cochard - Head of Sustainable Development, Credit Agricole CIB
Will Evison - Director, PwC
Annelisa Grigg - Principal Specialist, Business and Biodiversity, UN Environment WCMC
Mark Gough - Executive Director, Natural Capital Coalition

•Session Leaders: Niki Mardas - Executive Director, Global Canopy
11:50-12:00Break and Transition between sessions
Parallel Sessions 4-6
12:00-13:00SYSTEM CHANGE
Making finance and insurance inclusive
Parallel Session 4
Venue: Grand Auditorium

193 member states that adopted the 2030 Agenda committed to “leave no one behind” in their implementation of the Sustainable Development Goals (SDGs). This means ensuring sustained, inclusive and sustainable economic growth and social progress. Financial inclusion is positioned as an enabler of the SDGS, and features as a target in eight of the 17 goals.

UN Environment’s Insurance Development Goals for Cities launched with ICLEI in June 2018 aim to contribute to achieving SDG 11 to make cities inclusive, safe, resilient and sustainable. Insurance Development Goal 3 is to develop solutions for unserved people and enterprises. Possible actions include offering risk assessment and risk management services and developing insurance solutions for unserved people and enterprises; and investing in companies that promote social and financial inclusion, such as those that provide inclusive financial services—including loans, insurance, savings and pensions for low-income people and micro, small and medium enterprises—and companies that generate positive social impact.

Arif Khan - CEO, IDLC Finance
Amy Clarke - Partner & Co-Founder, Tribe Impact Capital
Ekhosuehi Iyahen - Secretary General, Insurance Development Forum (IDF)
Sasja Beslik - Head of Group Sustainable Finance, Nordea
Ana Lilian Vega Trejo - President, Banco de Fomento Agropecuario

• Moderator: Nick Robins - Professor of Practice in Sustainable Finance, LSE

Hothouse Earth: The case for ecosystem resilience
Parallel Session 5
Venue: Salon D’Honneur

Imagine the Amazon rainforest as a dry savanna or widespread death of coral reefs. 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). These hotspots include the Amazon and Boreal forests, coral reefs and the Antarctic Ice Sheet. 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 and other innovations to increase resilience in these hotspots.

Beatrice Crona - PhD, Executive Director, Academy Program on Global Economic Dynamics and the Biosphere, The Royal Swedish Academy of Sciences
Daniella Carreira - Senior Manager, Environmental Issues, Principles for Responsible Investment
Sylvia Wisniwski - Managing Director, Finance in Motion
Sylvain Goupille - Founder and Managing Director, Mirova Natural Capital and Althelia Funds

• Moderator: Peter Cripps - Editor, Environmental Finance
Progress and Innovation toward a Low-carbon buildings sector
Parallel Session 6
Venue: Salon Napoleon

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.

Frank Hovorka - Director of Strategy, Quartus
Josien Piek - Head of EMEA, GRESB
Brian Dean - Energy Efficiency, International Energy Agency
Joe Pigott - Associate Director, Carbon Credentials

• Moderator: Anna Murray - Vice President, Sustainability, Bentall Kennedy

Venue: Grand Auditorium Foyer
Parallel Sessions: Round 7-9
Managing both sides of the house: ESG integration in the insurance industry
Parallel Session 7
Venue: Grand Auditorium

Since insurance companies are both insurers and investors, integrating environmental, social and governance (ESG) issues entails addressing both insurance and investment activities. Jointly organised by UN Environment’s Principles for Sustainable Insurance Initiative (PSI) and the French Federation of Insurers (FFA), this session will highlight latest thinking, practices and initiatives by the PSI, FFA and their members in addressing ESG issues—such as climate change, natural disasters, ecosystem degradation, pollution, health risks, and human rights violations—in core insurance and investment strategies and operations.

The session will also explore the PSI’s pioneering work to develop global ESG guidance tailored for the insurance industry, and how the PSI can work together with insurance associations, governments and regulators, civil society organisations, and other key stakeholders in addressing ESG issues.

Arthur Chabrol - Deputy CEO, Aviva France
Antoine Lissowski - CEO, CNP Assurances and Chair, Economic & Financial Committee, French Federation of Insurers (FFA)
Martin Weymann - Head Sustainability, Emerging & Political Risk Management & Director, Group Risk Management, Swiss Re
Matthias Seewald - CIO and Member of Executive Committee, Allianz
Bernard Delas - Vice-President, French Prudential Supervisory Authority (ACPR)
Margaret Kuhlow - Finance Practice Leader, WWF International

• Moderator:Butch Bacani - Insurance Lead, UNEP FI

Green Tagging and Technology to Scale Up Green, Inclusive Lending
Parallel Session 8
Venue: Salon d'honneur

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.

Nick Robins - Professor of Practice in Sustainable Finance, LSE

Tatiana Bosteels - Director, Responsible Property Investment and Sustainability, Hermes Investment Management
Fredrik Nilzen - Group Head of Sustainability, Swedbank
Paula Rey Garcia - Head of Buildings and Finance Team, DG Energy, European Commission
Marine de Bazelaire - Head of Sustainability, HSBC Continental Europe
Louis Douady - Head of Environmental and Social Responsibility, Natixis

• Moderator:Peter Sweatman - CEO, Climate Strategy and Partners

How can finance contribute to fixing our broken food systems?
Parallel Session 9
Venue: Salon Napoleon

A number of scientific reports by the IPCC and articles in Nature and other journals point to the massive impact that unsustainable land use practices currently have in terms of deforestation, species loss, climate change, and the effects on the most vulnerable communities and rural smallholders who are at present mostly excluded from global agricultural value chains. The speed with which we can transition the way we produce food, but also how we consume and finance it, are among the most defining challenges of the 21st century.

UN Environment has initiated a number of projects and finance facilities with partners that aim to accelerate the transition to deforestation-free and inclusive commodity production that addresses the social and environmental problems currently associated with commodities such as palm oil, soy, beef, rubber and timber, in a way that is still commercially viable. This requires an integrated approach that focuses on production (supply), consumption (demand) and finance to fix our currently unsustainable and broken food system. Initiatives such as the Good Growth Partnership, the Green Fund, the Tropical Landscapes Finance Facility and AGRI3 are examples of facilities, projects and funds that aim to accelerate the change towards sustainable land use.

This session focuses on the role of governments and the finance sector to move from commitments to action. Hear first-hand from politicians, investors and a microfinance institution what they are doing at present, but also what challenges they encounter to scale up solutions direly needed. The audience is invited throughout the session to actively participate with probing questions.

Fernando Alberto Silva Facetti - Senator, Paraguay Government
Pierre Rousseau - Strategic Advisor for Sustainable Business, BNP Paribas
Antione Vallier - CDC Biodiversité
Anne Laure Asboth - Head of the Business Development Unit, Advans
Michael Schlup - Chief Operating Officer, Sail Ventures

• Moderator: Ivo Mulder - Head, Land Use Finance, UN Environment
Plenary Sessions at the Grand Auditorium
Implementing the EU Action Plan for Sustainable Finance
High Level Plenary
Venue: Grand Auditorium

In response to the High-Level Expert Group (HLEG) on Sustainable Finance, the European Commission released an action plan for financing sustainable growth in March 2018. In May 2018 the Commission subsequently adopted a package of measures implementing several key actions announced in its action plan. The Commission’s Action Plan on Sustainable Finance is considered as one of the most advanced policy and regulatory initiative both in its ambition and substance. This panel will discuss EU’s ambition and progress from the Technical Expert Group.

Molly Scott Cato - MEP Shadow Rapporteur on Disclosures and Benchmarks Regulations
Nancy Saich - Chief Climate Change Expert, European Investment Bank
Martin Spolc - Head of Unit, DG Financial Stability, Financial Services and Capital. Markets Union, European Commission
Aila Aho - Executive Advisor, Sustainability, Nordea

• Moderator: Nathan Fabian - Chief Responsible Investment Officer, PRI

Roadmaps for Financing Sustainable Growth
High Level Plenary
Venue: Grand Auditorium

Several countries are implementing national roadmaps for sustainable finance that aim to provide an integrated approach to accelerate the transition towards a sustainable financial system. This session will provide an overview of some initiatives around the world that are at different stages of developing and implementing sustainable finance roadmaps for public and private financial sector stakeholders. It will explore critical aspects of frameworks to systematically integrate sustainability across banking, insurance and investment, and to redirect capital flows for the global shift to an inclusive, resilient and low-carbon economy.

Dr. Ma Jun - Director of the Center for Finance and Development, Tsinghua National Institute of Financial Research - Guidelines for Greening China’s Financial System
Maiko Okuno - Chief Analyst Environment and Energy Dept. Mitsubishi UFJ Research and Consulting Co.,Ltd. (MURC)
Jamie Fergusson - Global Manager, IFC Sustainability Leadership, IFC-supported Sustainable Banking Network
Greg Medcraft - Director-Directorate for Financial and Enterprise Affairs, OECD
Tom Theobald - Deputy CEO, Luxembourg For Finance

• Moderator: Jacki Johnson - Group Executive, People, Performance & Reputation, Insurance Australia Group Limited

Venue: Grand Auditorium

Jean Lemierre - Chairman, BNP Paribas
17:50-18:00Closing Remarks
Venue: Grand Auditorium

Eric Usher - Head, UNEP FI
19:00 - 22:00Gala Dinner
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