Over the last few years, the concept of “net zero” has proliferated across the board: pledges, alliances, and methodologies have piled-up. This rapid rise as led to criticism. First, the notion has limited scientific relevance at an individual entity level. Second, claims are often fraught with unrealistic trajectories and unrestrained use of voluntary carbon credits.
Moderator:
Karen Degouve, Head of Sustainable Finance department, French Banking Federation
Speakers:
This summer’s heatwaves, droughts, and wildfires have shed light on adaptive capacities. The topic is largely missing or is barely tackled through risks identification with the noticeable exception of re-insurance actors. Beyond the historical crucial role of insurers – mainly re-insurers – adaptation finance is residually private, with most of the financial flows coming from development and government-related sources.
Moderator :
Theophile Bellouard, Head of Adaptation Services, AXA Climate
Speakers:
Surging energy and carbon prices coalesce with steady demand for critical “transitioning metals” – copper, nickel, and aluminum. Climate change related hazards such as droughts and floods exacerbate food and other commodity price increases and volatility. Governments and businesses must find ways to fast-track the green transition all while shielding the most vulnerable employees or customers from fuel poverty or job losses.
This panel will examine how inflation, incl. its green component, can be tackled in a way that allows for a fair transition; in a war backdrop where supply security and sovereignty concerns tend to prevail over other considerations.
Moderator:
Orith Azoulay, Global Head of Green Hub, Natixis CIB
Speakers:
Additionality, permanence, reliability, and social safeguards are necessary but what lacks the most is a clarification about the exact purpose of voluntary carbon credits.
What were they meant for? Are they fit for purpose? How can they coexist with regulatory markets? Panelists will try to spell out under what conditions their uses can come with genuine climate benefits.
Moderator :
Robert White, Head of Green & Sustainable Hub (GSH) Americas, Natixis CIB
Speakers:
Greenwashing practices and allegations are on the rise. Legal risks grow in synch with reputational ones, triggering probes from regulators and civil society. Liabilities are cascading across entities, value chains and the whole financial industry. Such domino effects result from the interplay between business development, product distribution, legal, risk, compliance, and marketing.
Moderator:
Maia Godemer, Sustainable Finance research associate, BloombergNEF
Speakers :
Sustainable finance activities have mostly been taking place within developed economies. However, emerging markets are experiencing a take-off. A “catch-up” towards deemed advanced practices is possible. Emerging players may also invent their own models. Should we expect practices to converge, or will there be a decoupling between regional markets?
Moderator :
Karim Arslan, Green & Sustainable Hub (GSH) Dubai, Originator, Natixis
Speakers:
Halting biodiversity erosion is nowadays a top concern among the financial community. Attempts to observe, document and analyze ecosystem services are growing. However, metrics, tools and guidance around “avoiding, reducing, offsetting” action plans are lacking.
Moderator:
Guillaume Neveux, Head of I Care, partner
Speakers:
The industry is deploying significant resources to measure, compute, estimate and report ESG information. Companies and financial institutions face various challenges: front-runners need to adapt their existing ESG data sets, while laggards must integrate new types of data into their processes. Despite progress in the availability of key indicators, relevant, granular, and scalable data remain rare. Some actors are working on innovative and alternative sources of information
Moderator:
Adèle Almohalla Baux, Sustainable finance expert, BPCE
Speakers :