PANEL 1 - Scaling up finance for climate change
Which instruments can we use to mobilize funding towards low carbon and climate adaptation projects?
Today’s investments are shaping the world of tomorrow. In order to reduce greenhouse gas emissions and to adapt to the adverse impacts of climate change, the investments needed are in the range of trillions of dollars.
In this context, public finance has a key role to play, but it will not alone foster resilient and sustainable development for all. It should more specifically support the elaboration of long-term climate policies and leverage private finance.
Development finance institutions, be they national, regional, bilateral or multilateral are at the heart of this process. They have the capacity to shift financial flows towards a low-carbon economy, aligned with the Paris Agreement objectives.
The panel will demonstrate how the Paris Agreement framework sets a new mandate for public and private finance and why it is necessary to scale-up climate finance through public engagement and its leveraging effect on private investments
Co-chairs: Jean-Yves Le Drian, French Minister for Europe and Foreign Affairs; Rémy Rioux, International Development Finance Club President; Ms. Kristalina Georgieva, World Bank Chief Executive Officer.
Panelists: M. Jean-Yves Le Drian - Minister for Europe and Foreign Affairs, France; M. Frank Bainimarama - COP23 President, Prime Minister of Fiji; Ms Patricia Espinosa - Executive Secretary, UNFCCC; M. Miguel Arias Cañete - EU Commissioner for Energy and Climate; M. Rémy Rioux - President, International Development Finance Club; M. Xie Zhenhua - Special Representative on Climate Change Affairs, National Development and Reform Commission, China; M. Howard Bamsey- Executive Director, Green Climate Fund; M. Akunwumi Adesina - African Development Bank President; Ms Kristalina Georgieva - CEO, World Bank; Ms Catherine McKenna - Minister of Environment and Climate Change, Canada; M. Mustapha Bakkoury - President, Moroccan Agency For Solar Energy; Ms Varsha Purandare - CEO, SBI Capital Markets Limited;
PANEL 2 - Greening finance for sustainable business
How can climate issues best be included by the private sector, financial institutions and regulators in order to shift investments towards a low carbon economy?
The involvement of all actors of finance is key in the fight against climate change and for the transition towards an economy that emits less greenhouse gases and can adapt to future evolutions. All actors, from financial institutions to public authorities must continue to innovate to this end. What is at stake is to push the financial sector in taking a longer-term perspective by better accounting for climate. This dynamic can be translated through three main issues that will be discussed in the panel:
Co-chairs: Bruno Le Maire, French Minister of Economy and Finance; Valdis Dombrovskis, Vice-President for the Euro and Social Dialogue in charge of Financial Stability, Financial Services and Capital Markets Union, European Commission.
Panelists: Mr Bruno Le Maire - Minister of Economy and Finance, France; Mr Valdis Dombrovskis - Vice-President for the Euro and Social Dialogue, also in charge of financial stability, financial services and capital market union; Ms Betty T. Yee - CalPERS board member; Ms Margaret Kuhlow - Finance Practice Leader, WWF; Mr Mark Carney - Chair of the Financial Stability Board; Mr Thomas Buberl - CEO, AXA; Mr Mark Tucker - President, HSBC Group; Mr Ingve Slyngstad - CEO, Norges Bank Investment Management; Mr Nathaniel Simons - Co-Founder, Prelude Ventures and Member, Breakthrough Energy Coalition; Mr Philippe Le Houérou - CEO, International Finance Corporation, World Bank Group.
PANEL 3 - Accelerating local and regional climate action
How can we enable cities and territories to reach their ambitions and actively contribute to the implementation of the Paris Agreement?
Local and regional governments are key to reaching the global objectives of the Paris Agreement because they hold all the levers to accelerate action before 2020.
Cities, states and regions across the world are making strong commitments to take action on climate change, laying the groundwork for higher ambition by national governments. However, they do not always have clear pathways to finance the implementation of their commitments at the scale needed. Moreover, their contributions to the Paris Agreement and to National Determined Commitments (NDCs) could be better recognized.
This panel will display solutions to encourage a greater collaboration between public and private sectors and between the different levels of governments (international, national, regional and local), whose climate actions and strategies must be better aligned. It will also identify pathways for innovative finance in order to scale up climate actions at the cities, states and regions level.
Co-chairs: Anne Hidalgo, Mayor of Paris and President of C40; Maroš Šefčovič, Vice-President of the European Commission, in charge of Energy Union & co-chair of Global Covenant of Mayors;
Panelists: Ms Anne Hidalgo - Mayor of Paris and C40 Chair; M. Maroš Šefčovič - Vice-President of the European Commission, in charge of Energy Union & co-chair of Global Covenant of Mayors; M. Jean-Louis Chaussade - CEO, Suez; Gov. Edmund G. Brown, Jr. - Governor of California; M. Horacio Rodriguez Larreta - Mayor of Buenos Aires, Argentina; M. Muhammad Yunus - 2006 Nobel Peace Prize; Ms Naoko Ishii - CEO and Chairperson Global Environment Facility; Ms Isabelle Kocher - CEO, ENGIE; M. Park Won Soon - Mayor of Seoul and ICLEI President; M. Mauricio Esteban Rodas Espinel - Mayor of Quito, Ecuador; Ms Célestine Ketcha Courtès - Mayor of Bangangté, Cameroon; M. Suma Chakrabarti - President, European Bank for Reconstruction and Development (EBRD);
PANEL 4 - Strengthening policies for ecological and inclusive transition
Which public framework can best support the transition towards a low-carbon and climate resilient economy?
Governments have a fundamental role to play to ensure the objectives of the Paris Agreement. If the mobilization of all is required to meet our goals, public policies must send strong economic and political signals so that all actors can deeply change their production and consumption patterns towards low-carbon solutions. In light of climate change impacts, which are already felt, it is also crucial to strengthen resilience and adaptation to protect even more citizens from extreme climate events.
The panel will demonstrate that deep transformations are already taking place in multiple sectors, such as transports and need to amplify and accelerate! Public policies must integrate long-term horizon by fixing for instance carbon neutrality objectives. In order to reduce greenhouse gas emissions, giving them a price is also necessary. Finally, resilience and the capacity of our infrastructure to cope with climate impacts must be at the heart of our concerns.
Co-chairs: Nicolas Hulot, Minister for the Ecological and Inclusive Transition, France; Rafael Pacchiano, Environment Secretary, Mexico.
Panelists: M. Nicolas Hulot - Minister of the Ecological and Inclusive Transition, France; M. Rafael Pacchiano - Environment Secretary, Mexico; M. Angel Gurria - Secretary General, OECD; M. Achim Steiner - Administrator, UNDP; M. Roosevelt Skerrit - Prime Minister, Dominica; M. Gemedo Dalle - Minister for Environment, Forest and Climate Change, Ethiopia; Ms Isabella Lövin - Minister for International Development and Climate, and Deputy Prime Minister, Sweden; Ms Laurence Tubiana - CEO, European Climate Foundation; Ms Monica Araya - Executive Director, Costa Rica Limpia; M. Henri Poupart-Lafarge - CEO, Alstom, Representative of the Hydrogen Council; M. Vidar Helgesen - Minister of Climate and Environment, Norway; Lord Nicholas Stern - Chairman, Grantham Research Institute; Ms Isabelle Melançon - Minister of Sustainable Development, Environment and the Fight against Climate Change, Québec; M. Bertrand Badré - CEO and Founder, Blue Orange Capital;