Date: 16 November 2017
Location: Bonn, Germany
Web News on this event – CLICK HERE
Photos – CLICK HERE
The Sustainable Stock Exchanges initiative is convening a high-level dialogue on Green Finance alongside the 23rd United Nations climate summit (COP23) in Bonn, Germany. Bringing together ministers of finance, chief capital market regulators and CEOs of stock exchanges, investors and issuers, this leadership event will help chart the path forward for stock exchanges and their contribution to climate goals.
Following a year of unprecedented developments at the G20 and the Financial Stability Board, Green Finance has firmly found its place on the agendas of governments, stock exchanges, investors, issuers and international organizations.
Investors around the world are expressing serious concern about the potential impact of climate change on their portfolios. And investors are increasingly looking for new investment opportunities that will both enable and benefit from the global transition to green economies.
While it has become clear that stock exchanges, regulators, companies and investors all have an important role to play in promoting and facilitating the flow of finance to climate-aligned projects, many capital market leaders often find themselves navigating uncharted territory with Green Finance.
As conduits between issuers and investors, stock exchanges are uniquely placed to promote standards, guide both issuers and investors, and to enable the growth needed in green finance. However, to do this, stock exchanges require the appropriate tools, information and guidance.
Following a year of consultations with an international advisory group, the SSE will be launching a new guidance on green finance. This guidance will outline the role that exchanges can play in greening capital markets and promoting green financial products. It will identify clear action points and provide examples of best practice for use by stock exchanges worldwide.
This full day event will feature a high-level leadership forum in the morning where CEOs and government officials will discuss the challenges and opportunities of green finance. Following a networking lunch, the afternoon will feature four technical workshops where international experts will be on hand to share the latest state of the art in green finance.
There is no fee for this United Nations event, but registration is required and spaces are limited.
Download the SSE guidance on green finance here
High Level Morning Session
|09:30-10:00||Welcome Address and Opening Comments|
|10:00-12:00||High-Level Policy Dialogue|
Track A: Green Financial Products
Track B: Reporting and Regulation
Trends in green bond post-issuance reporting
The regulatory dimension of green finance
Green equities: From insight to action
The implications of the TCFD Recommendations
High Level Policy Dialogue Speakers:
Session 1A Trends in green bond post-issuance reporting
14:00-15:30 (Room TBC)
Organized by the Luxembourg Green Exchange and the Climate Bonds Initiative, this session will look at what tomorrow’s green bond report will look like, and how stock exchanges are participating in developments in this area. The session is moderated by Peter Cripps of Environmental Finance and will offer perspectives on green bond reporting from exchanges, investors, and report preparers. The speakers for this session include:
Session 1B Regulatory dimension of green finance
14:00-15:30 (Room TBC)
Organized in cooperation with the COP22 Scientific Committee and Ceres, this session evaluates the challenges, opportunities and changing landscape of green finance from a regulatory perspective. The session will be moderated by Ms. Siham Ayad of the Moroccan Presidency of the COP22, and will provide a view on the emerging area of green finance from the perspective of capital market regulators, stock exchanges and standard setters. The speakers for this session include:
Session 2A Green equities: From insight to action
16:00-17:30 (Room TBC)
Organized by S&P Dow Jones Indices and Carbon Tracker Initiative, this session will explore the latest insights for green equities, from deeper climate risk transparency across indices and portfolios to bottom up analysis on the climate risk exposure of oil and gas companies. This will be followed by an expert practitioner panel providing perspectives on innovations in green investing. Speakers for this session include:
Session 2B The implications of the TCFD Recommendations: Utilizing climate related information to boost green finance
16:00-17:30 (Room TBC)
Organized by the Carbon Disclosure Standards Board (CDSB) and the Global Reporting Initiative (GRI), this session will give an introduction to the Financial Stability Board’s Task Force on Climate Related Financial Disclosure (FSB TCFD) recommendations, evaluating the role of exchanges, reporting standards and frameworks and data integration. This session looks at the role of promoting resilience through climate change reporting from the perspective of exchanges, financial service providers, reporting experts, investors and the TCFD itself. Speakers for this session include:
With support from:
Photos (For all photos, click here)
- EIB welcomes action plan to boost green finance, FTSE Global Markets
- Green finance under the spotlight at Bonn COP23 talks, Euronews
- Green Finance experts roll out new plan, UNCTAD
- COP23 expert discussion: the future of impact and use of proceeds reporting, Luxembourg Stock Exchange
- A Shared Vision for the Future of Global Stock Markets, As You Sow
- The Bond That Really Asks You To Bet on the Future of The Planet, Bloomberg
- European Investment Bank to invest towards climate change mitigation, Ghana News Agency
The Sustainable Stock Exchanges Initiative
The UN SSE initiative is co-organised by UNCTAD, the UN Global Compact, the UN-supported Principles for Responsible Investment and the UNEP Finance Initiative. Launched in 2009 by UN Secretary-General Ban Ki-moon, the SSE initiative is a peer-to-peer learning platform for exploring how exchanges (in collaboration with policymakers, regulators, investors and companies) can promote responsible investment for sustainable development. Stock exchanges around the world are invited to join the initiative by signing a voluntary public commitment to promote sustainable business practices in their market.