Public event

Mainstreaming the Paris Agreement in the Financial Sector

The Climate Action in Financial Institutions Initiative has high potential to aid the implementation of the Paris Agreement.

During this COP23 official side-event, representatives from member institutions presented how financial institutions are moving forward in the implementation of the 5 voluntary Principles for mainstreaming climate action in financial institutions both individually and through the Initiative’s 4 Work Streams for 2017-2018.

Through a panel discussion with UNFCCC Party representatives and civil society actors, this session aims to share and discuss the financial institutions vision to make financial flows ‘consistent’ with article 2.1(c) and to identify how the Initiative can make an even greater impact to support the implementation of the Paris Agreement.

Keynote Address: Felix Bergel, Director of Institutional Funding, Banco de desarrollo de América Latina (CAF)

****

Panel Discussion: The challenges ahead for the systematic integration of climate change within financial institutions

Moderator: Benoit Leguet, Managing Director – I4CE – Institute for Climate Economics

Agence Française de Développement – Damien Navizet, Head of Climate Division
European Bank for Reconstruction and Development – Terry McCallion, Director, Energy Efficiency and Climate Change
HSBC – Stewart James, Managing Director, Group Government Affairs
Green Climate Fund – Pa Ousman Jarju is Director of GCF’s Country Programming Division
World Resources Institute – Gaia Larson, Senior Associate Climate Finance

****

Conclusion: Monica Scatasta, Head of Environment, Climate and Social Policy
European Investment Bank
representing EIB Vice President Jonathan Taylor