The conference is organised jointly by the Brevan Howard Centre for Financial Analysis at Imperial College Business School and the World Bank Group. It will be held in London at The Berkeley Hotel, Knightsbridge as a full day event on the 24th October 2019.
The World Bank Group and Imperial College London’s Brevan Howard Centre for Financial Analysis are holding a workshop on the use of public and private finance to accelerate green financial sector reform to help
developing countries meet their climate objectives.
The event will feature leading figures from the worlds of government, finance, academia and international institutions.
This event is part of an ongoing World Bank Group project on innovative uses of concessional climate finance for transformational climate action in developing countries under the Paris Agreement. It will tap expertise in London as a hub for green finance and be followed by outreach events in key developing countries and emerging economies.
Both private and public financiers are increasingly seeking clean investment opportunities.
More than 33% of AUM representing greater than $30 trillion is actively seeking environmentally sound investments to maximize growth and mitigate risk.
Without the type of green financial sector reform emerging in the global north, developing countries will miss out on these private investment as a source of climate finance.
Properly structured regulations in developing countries and emerging economies can attract this growing source of finance to increase needed investments
This workshop will look at:
- The latest developments in green finance reform and their impacts on climate action
- Climate finance needs in developing countries and how financial sector reform can help meet them
- Concessional finance sources available for climate action in developing countries
- Instruments to use public climate funds to catalyse green financial sector for developing countries and emerging economies
The closed-door event will feature 40 leading figures selected for their green finance expertise in developed, emerging, and developing countries. To stimulate cross-fertilization of ideas across different spheres, three categories of participants will attend.
Representatives from this group will share the latest developments from their respective countries. This will include banking regulators, implementation agencies, international financial institutions (IFIs) and central banks.
Business and finance sector
This group will share the investor perspective to understand the volume of green finance available and requirements for its investment. This will include asset managers and commercial banks.
Academia and NGOs
Representatives from academia and civil society will share the latest academic discourse on green financial sector reform, with focus on analyses of proper regulatory environment in developing countries to encourage greater flow of climate finance.
Any views expressed by our speakers are entirely their own and do not necessarily reflect those of the Centre, Imperial College Business School or any of their Sponsors