Sustainable Banking Network (SBN) 5 th Annual Meeting AGENDA Venue: IFC Auditorium, 2121 Pennsylvania Avenue, N.W. Washington DC DAY ONE - October 16, 2017 8:00 9:00 Registration, Breakfast 8:30-9:00 Panel Preparation Meetings: Venue: Green Room next to Auditorium 9:00-9:20 Opening Remarks: Mr. Ethiopis Tafara, Vice President & General Counsel, IFC of World Bank Group Keynote Speaker: Dr. Wimboh Santoso, Chairman, Indonesia Financial Service Authority (OJK) 9:20-10:50 Panel 1: Leadership Panel: From Vision to Action Moderator: Ms. Bongi Kunene, World Bank Group Executive Director for Angola, Nigeria and South Africa Mr. Koba Gvenetadze, Governor and Chairman of the Board of the National Bank of Georgia Dr. P Nandalal Weerashinghe, Deputy Governor, Central Bank of Sri Lanka Mr. Syed Samar Hasnain Executive Director, State Bank of Pakistan Mr. Ganbaatar Jambal, Chief Economist and Advisor to the Governor of the Bank of Mongolia Mr. Giorgio Trettenero, Secretary General of Latin America Banking Federation Felaban (representing banking associations from 19 countries) Dimitris Tsitsiragos, Vice President, New Business, IFC Celebrating its 5-year anniversary, SBN as a community of financial regulators and banking associations from emerging markets have been catalyzing adoption of sustainable finance practices by creating the right enabling environment and developing market capacity. SBN members have employed a variety of approaches to set ESG standards for local financial markets, inspire innovation in green and climate finance, and strengthen reporting and disclosure. The panel convenes senior representatives from SBN member countries that have successfully launched sustainable finance initiatives in the past year. Panelists will share their vision and latest market progress in mobilizing finance as a means to catalyze sustainable economic growth and mitigate risks. The panel provides a timely opportunity for global financial sector leaders to discuss a realistic and powerful 1
vision for even greater impact. 10:50 11:10 Group Photo and Coffee/Tea break 11:10-12:30 Panel 2: Defining, Measuring and Reporting Sustainable Finance Progress Moderator: Mr. Jamie Fergusson, Manager of Sustainability Leadership, IFC Mr. Yanfei Ye, Deputy Director-General, China Banking Regulatory Commission, co-chair of SBN Measurement Working Group Mr. Edi Setijawan, Sustainable Finance Director, Indonesia Financial Authority (OJK), co-chair of SBN Measurement Working Group Reshma Sheoraj, Director, Financial Sector Policy of National Treasury, South Africa Mr. Samuel Maimbo, Practice Manager of Finance and Markets, World Bank Through SBN, 34 countries are learning from each other s experiences in developing, implementing and measuring the success of sustainable finance policies and frameworks. What has emerged is a set of common factors that characterize the sustainable finance journey reflected in different national approaches. A SBN Working Group on Measurement was established in December 2016 to develop a common measurement framework to help SBN members assess their progress and compare their initiatives with those of their peers. Considerations include the depth of engagements between regulators and financial sector institutions on this topic, the types of disclosure requirements introduced, and the extent to which ESG is embedded in policies and institutional capacity. This panel will introduce the first SBN Sustainable Banking Progress Report, which captures and explores SBN members sustainable finance national initiatives through three lenses: enabling environment context, ESG factors, and green finance flows. 12:30 13:30 Lunch 13:30-14:50 Panel 3: ESG Risks and Returns Moderator: Ms. Alzbeta Klein, Director, Climate Business Mr. Morgan Landy, Director of Environment, Social and Governance, IFC Mr. Rodrigo Pereira Porto, Head of Division, Financial System Regulation Department, Central Bank of Brazil Mr. Santiago Castro, President, Colombia Banking Association Mr. Tony Campos, Director, ESG Product Management, FTSE Russell Environmental, social and corporate governance (ESG) considerations are increasingly central to effective lending and investment decisions by financial 2
14:50-15:10 Coffee Break institutions and investors. As more institutions integrate ESG, evidence is emerging of the link with financial outperformance. This session looks at practical examples of regulators and FIs in quantifying the financial returns and economic value created through sustainable finance and related E&S benefits. The session discusses how ESG integration works across the financial sector, in banking, insurance, pension funds, and capital markets. 15:10-16:30 Panel 4: Financing Opportunities in Sustainability and Launch of Green Bond Working Group Moderator: Mr. Peer Stein Global Head of Climate Finance, IFC Ms. Nezha Hayat, CEO, Moroccan Capital Markets Authority (AMMC) Mr. Sean Kidney CEO of Climate Bonds Initiative (CBI) Mr. Mario Sergio Fernandes de Vasconselos, Head of Institutional Partnerships, FEBRABAN, Brazil Ms. Nuru Mugambi, Director, Kenya Bankers Association Mr. Piotr A. Mazurkiewicz, Principle Environmental and Social Specialist and Global Lead for Financial Institutions Business, ESG Department, IFC The risks presented by climate change, pollution, resource depletion, and other environmental challenges also offer business opportunities for the financial sector. Early focus has been on renewable energy generation, energy efficiency, and lowcarbon technologies. Other growing areas of green investment are green buildings, waste management, sustainable agriculture and sustainable transport. These new areas of investment growth are critical to building green economies in emerging markets. This session will showcase innovative products and tools that facilitate green and climate finance, leveraging market principles. The significant growth in green bonds in recent years is evidence of the demand from existing and a growing class of new investors interested in financial products that have environmental benefits. A new SBN working group on Green Bond will be discussed and launched during this session. 16:30-16:50 Closing Remarks: Mr. Morgan Landy, Director of Environment, Social and Governance, IFC 17:00-17:40 Green Bond Working Group The newly established Green Bond Working Group will organize a kick-off meeting to map out the scope and focus. 18:00-20:30 Cocktail and Welcome Dinner Venue: Dinning Hall, C-2 level, World Bank Main Complex, 1818 H Street, N.W, Washington DC 3
DAY TWO - October 17, 2017 8:00 9:00 Breakfast 8:30-9:00 Panel Preparation Meetings: Venue: Green Room next to Auditorium 9:00-9:30 Reflection of Day One and Ideas for the Future Ms. Ceyla Pazarbasioglu, Senior Director, Finance and Markets, World Bank Mr. Morgan Landy, Director of Environment, Social and Governance, IFC SBN Member 9:30 10:20 Updates from SBN members Facilitator: Ms. Rong Zhang, SBN Global Coordinator, IFC This will be an interactive session for SBN members to share the latest development of country-led Sustainable Finance initiatives and put forward ideas and suggestions for SBN strategy and work program 10:20 10:40 10:40 12:00 Coffee Break Breakout Learning Sessions: SBN members can select the following breakout sessions: Session 1. Designing a national framework for sustainable finance Moderator: Mr. Roland Gross, Head, Competence Center Financial Systems and Insurance, German Agency for International Development (GIZ) GmbH Mr. Narayan Prasad Paudel, Executive Director, Central Bank of Nepal Dr. Sushanta Kumar Kar, Chief General Manager, Department of Banking Regulation, Reserve Bank of India Ms. Gladys Awuku, Assistant Director, Secretary's Department, Bank of Ghana Ms. Rochelle Tomas, Deputy Director, Policy and Literacy Group, Central Bank of Philippines (BSP) Dr. Dalia A. Kader, H Head of Sustainable Development Committee, Federation of Egyptian Banks This discussion will focus on successful strategies applied by SBN members to establish national sustainable finance definitions and priorities and direct the financial sector through policy, regulatory and voluntary frameworks. 2. Deepening technical support for sustainable finance implementation 4
Moderator: Mr. Jamie Fergusson, Manager of Sustainability Leadership, IFC Mr. Unenbat Jigjid, CEO of Mongolia Banking Association Mr. Franklin Ahonkhai, Director, Financial Policy and Banking Supervision, Central Bank of Nigeria Mr. Pierre Venter, General Manager, South Africa Banking Association This session will focus on techniques and tools developed (or needed) by SBN members to advance sustainable finance practices among FIs. These include sector-specific guidance; monitoring platforms; capacity building; data aggregation; and systemic risk modeling. As regulators more actively engage with FIs on the risk management systems that underpin sustainable finance, key considerations are emerging during the supervision process. This session provides an overview of good practice in E&S risk management systems for FIs and explores how regulators and supervisory agencies can effectively evaluate FI management systems and capacity while supporting them to improve their performance over time. It includes examples of voluntary or mandatory reporting guidance for local FIs across different asset classes, such as the FSB Task Force on Climate-related Financial Disclosures Guidelines (FSB TCFD Guidelines). 12:00-12:30 Future of SBN This is a facilitated group discussion of all participating SBN members and partners, focusing on high-level strategy direction and focus areas for the next 3 years. 12:30 12:40 12:40-13:30 Closing Remarks Lunch 13:00-14:30 Measurement Working Group Lunch meeting (Measurement Working Group members, SBN Secretariat, EY): 2017-2018 review and planning meeting The Measurement Working Group will meet to discuss progress achieved in 2017 and plan activities for 2018. 5