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Event details

30 June 2020
12:00 - 13:00
Executive Education

Event details

30 June 2020
12:00 - 13:00
Executive Education

Executives from HSBC, Ninety One (formerly Investec Asset Management), the Luxembourg Stock Exchange, the International Energy Agency and our Centre for Climate Finance & Investment discuss how investing in clean energy now makes financial sense.

The International Energy Agency and the Centre for Climate Finance & Investment at Imperial College Business School hosted discussion on capital allocation and financial performance as factors shaping the future of the energy sector.

Drawing upon insights from the IEA’s World Energy Investment 2020 and the recent IEA and Imperial joint report Energy Investing: Exploring Risk and Return in the Capital Markets, this event examined the extent to which investing in clean energy has made financial sense over time and how recent dramatic changes in market fundamentals is affecting the relative attractiveness of fossil fuels compared to renewables. 

It also explored the structural factors that may be holding back financing for renewables via the public markets.

The webinar included a brief presentation followed by a discussion with experts in the field who are mobilising investment towards a more sustainable energy system.

Agenda

Presentation – Imperial College Business School / IEA 

  • Charlie Donovan, Executive Director, Centre for Climate Finance and Investment, Imperial College Business School
  • Michael Waldron (IEA), Senior Energy Investment Analyst at International Energy Agency

Viewpoints from industry 

  • Zoe Knight, Managing Director, Global Head, HSBC Centre of Sustainable Finance at HSBC Holdings PLC
  • Deirdre Cooper, Portfolio Manager at Ninety One (formerly Investec Asset Management)
  • Mr Robert Scharfe, CEO at Luxembourg Stock Exchange (LuxSE)

Moderated Q&A

Speakers & Panellists

Charles Donovan Imperial College

Dr Charles Donovan

Charles is the Executive Director of the Centre for Climate Finance and Investment and Academic Director of the MSc Climate Change, Management and Finance at Imperial College Business School.  He is Principal Teaching Fellow in the Department of Finance.  In his corporate career, he was most recently Head of Structuring and Valuation for Global Power at BP plcHe was part of the strategy team that launched BP’s alternative energy division in 2005, with an $8billion funding commitment.  Charles began his career as an Energy Policy Analyst at the US Environmental Protection Agency during the Clinton Administration.  His experience includes several years in strategy consulting.  Charles holds a bachelor degree in Psychology from the University of Washington, graduated from the MBA program at Vanderbilt University, and completed a Doctorate in Management at the IE Business School. Charles is the editor and co-author of Renewable Energy Finance: Powering the Future, published by World Scientific.

Michael Waldron

Michael Waldron

Michael is a Senior Energy Investment Analyst, head of the investment team and project leader of the World Energy Investment report at the International Energy Agency. His work has mainly focused on investment in the electricity and renewables sector, cross-sector trends in energy financing and implications of energy investment for meeting energy security and sustainability goals. He was previously the project manager and a lead author of the IEA’s Medium-Term Renewable Energy Market Report. Prior to joining the IEA, Mr Waldron worked at Lehman Brothers in New York and London. Mr Waldron obtained his Masters in International Energy Policy & International Economics at Johns Hopkins University, School of Advanced International Studies (SAIS) and his Bachelor’s degree in Economics & Government at Cornell University.

Zoe Knight

Zoe Knight

Zoë is a Managing Director and Group Head of the HSBC Centre of Sustainable Finance which she set up in 2018.  The Centre collaborates with colleagues across HSBC and external partners to produce thought leadership on critical issues to scale up and mobilise capital to address sustainability challenges, particularly climate change.  Since joining HSBC in 2010, Zoë has co-authored reports on low-carbon opportunities in bond and equity markets, as well as long-term carbon and water risks. She has worked in financial markets providing advisory services to a global client base since 1997.  Zoë is a Commissioner on the Energy Transition Commission and is a Member of the WEF Global Future Council on Global Public Goods in the Fourth Industrial Revolution. In 2020, she was recognised as one of 275 Global female energy influencers by the Women’s Energy Council.

Deirdre Cooper

Deirdre Cooper

Deirdre is co-portfolio manager for the Global Environment Strategy in the Natural Resources team at Ninety One (formerly Investec Asset Management). Prior to joining the team in 2018, she was a Partner, Portfolio Manager and Head of Research at Ecofin. Before joining Ecofin, Deirdre was an investment banker at Morgan Stanley where she headed their European Renewable Energy coverage effort and built an investment banking and principal investing franchise. She has long had a passion for sustainable investing and has worked on a voluntary basis in the microfinance sector both in the US and in Pakistan. She is a member of the advisory board of Girls Who Invest, a non-profit organisation whose mission is to increase the percentage of the world’s investable capital run by women. She is also a member of the advisory board of the Shell Foundation’s Energy Company of the Future project, as well as the advisory board for Imperial College’s Centre for Climate Finance and Investment. Deirdre earned her MBA from Harvard Business School, where she was a Baker Scholar, and her BA from University College Dublin.

Robert Scharfe

Robert Scharfe

Robert has been at the helm of the Luxembourg Stock Exchange since 2012. He is a recognized expert in Capital Markets matters and a specialist in Green finance. Before joining the Luxembourg Stock Exchange, he spent 35 years in the banking industry, mostly in Corporate Finance and Financial Markets. Between 2000 and 2012 he was a Member of the Management Board of BGL BNP Paribas in Luxembourg. During that time he also assumed senior responsibilities within Fortis Bank in the areas of Institutional Banking and Global Markets. During his banking career, he acquired extensive knowledge in International Capital Markets and gained solid experience in the fields of Asset Management and Investment Funds. He holds a Master Degree in Economics from the University of Nancy, France, and he is an alumni of Insead, France and Stanford Graduate School of Business, Palo Alto, USA.

Event details

Date: 30 June 2020
Time: 12:00 - 13:00
Audience: Executive Education