Registration and Welcome coffee 8:30 - 09:00
The conference will be moderated by
- Augustin de ROMANET, Chairman & CEO, ADP Group, Chairman, Paris EUROPLACE
- Anne HIDALGO*, Mayor of Paris
- Pierre DUCRET, Chair, I4CE & Thierry DEAU, Chair, Finance for Tomorrow
Morning discussions 09:30 - 12:45
- Laurent BERGER, Chair, European Trade Union Confederation & General Secretary, CFDT
- Thierry DEAU, Chair, Finance for Tomorrow & Chairman and Chief Executive Officer, Meridiam
PART 1: Climate finance: What is alignment?
1 | Plenary discussion
Discussion’s leader: Pierre DUCRET, Chair, I4CE
“Making finance flows consistent with a pathway towards low greenhouse gas emissions and climate resilient development” is one of the three long term goals of the Paris agreement adopted in 2015. Four years later, where do we stand on this objective? During this round table, experts will assess the current level of global capital redirection. How can the financial sector contribute to this alignment? The issue raises complex methodological questions: scope of action, scale of ambition and time horizon. Pioneering financial actors, both private and public, will testify to their strategies for aligning with the objectives of the Paris Agreement.
Progress measurement, alignment on Paris goals.
- Jürgen KERN, Director Corporate Strategy and Sustainability at KfW Group
- François RIAHI, Chief Executive Officer, Natixis
- Rémy RIOUX, Chief Executive Officer, AFD & Chair, IDFC
- Matthias SEEWALD, CIO, Allianz
- Karien VAN GENNIP, CEO, ING France
2 | Dialogue
Philippe Brassac: Crédit Agricole’s commitment to align on Paris Agreement in a fair (just) transition. Discussion with Pierre Ducret
Philippe BRASSAC, Chief Executive Officer, Crédit Agricole SA and
Pierre DUCRET, Chair, Finance for Tomorrow & Chair, I4CE
Coffee break 11:15 - 11:30
PART 2: Financing a just transition
1 | Plenary discussion
Discussion’s leader: Nick ROBINS, Professor of Practice in Sustainable Finance, LSE
The transition to a low carbon economy will reshape large economic sectors during the coming decades: energy, automotive industry, agriculture… Two challenges will have to be met: one is to organize the future of workers and territories from declining activities toward sustainable activities, the other is to guarantee that new green activities will deliver social benefits. Policy makers, trade unions, companies, think tanks, financial institutions are more and more aware that the necessary green transition will be acceptable only if its social implications are taken into account. This session will showcase how new financial approaches make it possible to combine climate and social impact to create long term value.
Just transition and policy (40’)
- Ted DEUTCH, Member of the U.S. House of Representatives from Florida
- Ma JUN, Director of Tsinghua Center for Finance and Development, Chairman of China Green Finance Committee, Member of China Central Bank’s Monetary Policy Committee
Just transition and finance (35’)
- Carine de BOISSEZON, Chief Sustainability Officer, EDF
- José MEIJER, Vice-President of the Board of Trustees, ABP pension fund
- Olivier SICHEL, Head of Banque des territoires, Caisse des Dépôts
2 | Dialogue: Just transition and long term financial strategy
Fireside chat between
Jean- Laurent BONNAFE, Director & Chief Executive Officer, Bnp Paribas and
Nick ROBINS, Professor of Practice in Sustainable Finance, LSE
Networking lunch 13:00 - 14:00
Afternoon discussions 14:00 - 18:00
PART 3: Parallel sessions
Discussion’s leader: Jean-Jacques BARBERIS, Head of Institutional and Corporate Clients Coverage, Amundi
- Jean-Louis BANCEL, CEO Crédit Coopératif
- Valérie BAUDSON, CEO of CPR AM and ETF
- Sagarika CHATTERJEE, Director of Climate Change, Principles for Responsible Investment
- Mathias VICHERAT, General Secretary, Danone
Discussion’s leader: Claire TUTENUIT, General Secretary, EpE
As what has been done for climate since COP21, it is essential for the financial sector to address biodiversity issues in an international context where COP-15 on biodiversity, which will take place next year in China, represents a key step. Climate and Biodiversity are inseparable. The loss of biodiversity is not measurable with a single indicator. But systemic risks, including physical, transition and legal risks, are comparable to those associated with climate.
While profitable financial products dedicated to biodiversity and natural capital are emerging, they still remain niche markets. At the same time, thematic climate funds must incorporate biodiversity criteria to comply with the “do no harm” principle. How can we scale up on these subjects? What can be done in terms of blended finance as well as for the Investor/Issuer dialogue? Finally, to what extent can existing climate tools, and in particular the TFCD guidelines, be replicated and adapted to biodiversity issues?
- Dr Simon BUCKLE, Head of Climate Change, Biodiversity and Water Division, OECD
- Gauthier QUERU, Investment Director, Mirova Natural Capital
- Céline SOUBRANNE, Group Head of Corporate Responsibility, AXA
- Jeanne STAMPE, Founder of the Asia Sustainable Finance Initiative & Head of Asia Sustainable Finance and on the Global Finance Practice Leadership Team, WWF
The achievement of the objectives of the Paris Agreement on Climate and the Sustainable Development Goals (SDGs) will require a massive shift of financial flows. Faced with the magnitude of the challenges, it is essential to mobilize our capacity to innovate, to imagine new solutions, and to scale up. In this perspective, how can technological innovation be used to finance the ecological and energy transition?
It will be the main discussion of this parallel session which will aim to showcase fintech solutions able to transform financial sector practices and reorient capital flows and connect them with the actors of the French innovation ecosystem to support their development. It will also be dedicated to the Awards ceremony of the 2nd edition of the “Challenge Fintech for Tomorrow”, launched by Finance for Tomorrow with the support of ADEME and EIT Climate-KIC.
- Simon Zadek, Project Catalyst, UN Digital Financing Taskforce for the SDG’s
- Thanh-Tam LE, Managing Director, Climate-KIC SAS
- Arnaud LEROY, CEO, ADEME
Moderated by Philippe ZAOUATI, CEO, Mirova
- Eva SADOUN, CEO, LITA.co
- Martin Spolc, Head of the Sustainable Finance and Fintech, European Commission’s Directorate General for Financial Services
- Tanguy TOUFFUT, CEO, Descartes.Underwriting
- Philippe ZAOUATI, CEO, Mirova
Coffee break 15:30 - 15:45
- Frédéric OUDEA, CEO, Société Générale & CEO of the French Banking Federation
PART 4: Market authorities, a new stimulus?
1 | Plenary discussion
Discussion’s leader: Robert OPHELE, Chairman, AMF-French Market Authority
Initially identified as a financial stability risk, climate change has made its way in the agendas of securities markets regulators. The European Commission’s Action Plan in particular will lead to changes in several pieces of market regulation, from disclosures, risk management, financial advice, to benchmarks, ratings and investment processes. A number of market regulators have also started to integrate sustainability in their day-to-day supervision both to keep pace with the rapid changes in the market and to respond to growing expectations towards regulators. The panel will review how regulators see their role in relation to climate risk and for the development of sustainable finance, the challenges and the expected benefits of their intervention. It will also describe the initiatives taking place at international level.
- Nezha HAYAT, Autorité marocaine des marchés de capitaux (AMCC)
- Daniel KLIER, Group General Manager and Global Head of Sustainable Finance, HSBC & Chair, IIF Sustainable Finance Working Group
- Steven MAIJOOR, Chair of European Securities and Markets Authority, ESMA
- Martin SPOLC, Head of the Capital Markets Union Unit, European Commission
- Erik THEDEEN, Director General, Finansinspektionen and Chair of the IOSCO’s Sustainable Finance Network (SFN)