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Public event

COP28 Side-Event: Climate Risk and Long-term Financing

Integrating climate risk into DFIs’ risk management framework

This COP28 side-event, co-organised with the Brazilian Development Bank (BNDES) at the International Development Finance Club (IDFC) Pavilion, allowed development banks to learn from each other’s experiences with climate risk management, in particular to support climate risk assessment of long-term portfolios. 


  • Keynote: Luciana Aparecida da Costa, Director for Infrastructure, Energy Transition & Climate Change, BNDES 
  • Presentation on climate risk landscape by David Carlin, Head of Climate Risk and TCFD, United Nations Environment Finance Initiative (UNEP FI) 
  • Presentation on scenario analysis by Thomas Allen, Senior Advisor to the Head of Secretariat, Network for Greening the Financial System (NGFS) 
  • Experience-sharing between supporting institutions on their respective risk management practices and the special considerations for long duration portfolios: 
    • Ayşe Nazlıca, Sustainability Coordinator, Industrial Development Bank of Türkiye (TSKB) 
    • Laurent Bergadaa, Sustainable Finance Expert, Strategy Department, French Development Agency (AFD) 
    • Luiz Gabriel Todt de Azevedo, Chief Strategy Officer (a.i.), IDB Invest, Inter-American Development Bank (IDB)