Agenda

Agenda

8:00

Registration & coffee

8:45

Opening of conference & chairman's welcome address

Peter Cripps, Editor, Environmental Finance

9:00

Keynote: Investing in a Sustainable World

  • Why has progress been so painfully slow ?
  • Are we seeing real momentum, or just rhetoric ?
  • Advent of the opportunists: good news or bad ?
  • What can we do to accelerate things ?
  • Where do green bonds fit in?

Dr. Matthew Kiernan, Chief Executive, Inflection Point Capital Management

9:30

Keynote: Environmental bonds go mainstream

  • The appeal for issuers and investors
  • Differences between environmental and climate bonds
  • Liquidity and the secondary market
  • Lessons for the green bond market from the carbon market

Erik-Jan van Bergen, Chief Investment Officer, ACTIAM

10:00

Panel session: The Green Bond Principles one year on. Have we agreed on a standard process now?

  • What do they aim to achieve?
  • What has been changed in the second iteration?
  • How did we get there?
  • Improving transparency and disclosure
  • Requirements for scaling up the green bond market and taking it mainstream
  • 2nd/3rd party green opinion and auditor statement needed or not
  • The use of proceeds versus pureplays
  • Capital Markets Union, Regulation and GBP
  • Where will we be in 3-5 years time?

- Heike Reichelt, Head of Investor Relations & New Products, World Bank
- Victoria Clarke, Sustainable Financing, Debt Capital Markets, HSBC Bank
- Henrik Guldbæk Welch, Senior Vice President, Group Treasury, Vestas 

- Nicholas Pfaff, Director, Market Practice & Regulatory Policy, International Capital Market Association (ICMA)

Moderator: Ulrik Ross, Managing Director, Global Head of Public Sector & Sustainable Financing, Capital Financing, HSBC Holdings plc

10:45

Morning coffee break

11:15

Panel session: Issuers' perspective

  • Reasons for issuing green bonds?
  • Changing face of issuers - from multilaterals and investment banks to corporates, municipalities and universities
  • Building demand - what types of issue are in demand?
  • Cost and pricing of issuance. Are the benefits tangible?

- Aldo Romani, Deputy Head of Funding, Euro, European Investment Bank
- Bodo Winkler, Head of Investor Relations / Credit Treasury, Berlin Hyp
- Laurent Machureau, Deputy General Manager, Finance, Audit and Management Control, Region Ile-de-France
- Sridhar Ramamurthy, Senior VP Finance, Treasury, Tax, Pensions & Insurance, Unilever

Moderator: Tanguy Claquin, Managing Director, Sustainable Banking, Crédit Agricole CIB

12:00

Panel session: The green bond investor's outlook

  • What is attracting more investors into Green Bonds?
  • What are investors' major areas of focus and where do they see change happening?
  • How are investors set up to undertake the 'green' part of the analysis?
  • The role of second party opinions, standards and third party verification
  • Different types of issuer – how will investors view them?
  • Impact reporting – the investor's view
  • Position on social bonds

- Christopher Wigley, Senior Portfolio Manager, Mirova
Colin Purdie, Head of Global Investment Grade Credit, Aviva Investors
- Mahesh Jayakumar, Senior Portfolio Manager, State Street Global Advisors
- Ulf Erlandsson, Senior Portfolio Manager, Global Macro Trading, AP4
Moderator: Martin Mills, Managing Director & Head of EMEA Product Solutions, Bank of America Merrill Lynch

13:00

Lunch

14:00

Panel session: What is 'green'? Developing standards and external assurance

  • Solving the "what is green?" dilemma
  • Outlook for standards, benchmarks and rating systems and what do they mean to investors?
  • "Controversial" case studies

- Justine Leigh-Bell, Senior Manager, Climate Bonds Standards Program
-
Alexandre Marty, Senior Investor Relations Manager, Finance, EDF 
- Ben Powell, Head of Funding, Treasury Market Operations, IFC
- Christopher Davis, Senior Program Director, Investor Programs, Ceres

Moderator: Jonathan Weinberger, Head of Capital Market Engineering, Societe Generale CIB

14:45

Presentation: International innovations and emerging trends

  • How is the market maturing?
  • Has growth begun to stall?
  • The growth of new sectors such as municipalities and cities
  • Emerging sectors, currencies, new regions e.g. Latin America / Asia
  • Growth trends and projections
  • Developing project bonds, securitisation and revenue bonds

Marilyn Ceci, Managing Director & Head of Green Bonds, J.P. Morgan

15:15

Panel session: Verifiers and opinions

  • Verification and certification
  • The role of second opinion providers
  • Different approaches by the second opinion providers
  • Verifiers versus second opinion providers

- Martina Macpherson, Managing Partner, SI Partners / oekom research UK
- Pernille Holtedahl, Principal Consultant, UK Sustainability, DNV GL - Business Assurance
- Damian Regan, Director, PwC
- Vikram Puppala, Manager, Advisory Services, Sustainalytics
Moderator: Graham Cooper, Consulting Editor, Environmental Finance

16:00

Afternoon coffee break

16:20

Panel session: Green bond indices

  • What impact will different indexes have on the market?
  • Is the data meaningful given the lack of secondary trading?

- Laura Nishikawa, Executive Director & Head of Fixed Income ESG Research, MSCI
- Phil Galdi, Head of Global Bond Index Research, Bank of America Merrill Lynch
- Scott Harman, Director, Index Research, Barclays
Moderator: Sophie Robinson-Tillett, Environmental Finance

16:50

Panel session: Optimising business opportunities in the Green Bonds Market in 2016 and beyond

  • Determining the future of the green bond market: What are the guiding points?
  • Joint effort: What needs to be done and achieved by all market participants before 2016?
  • Looking forward: Scaling-up market mechanisms and managing the major risks

- Jonathan Weinberger, Head of Capital Market Engineering, Societe Generale CIB
- Marilyn Ceci, Managing Director & Head of Green Bonds, J.P. Morgan
- Martin Mills, Managing Director, Bank of America Merrill Lynch
- Tanguy Claquin, Managing Director, Sustainable Banking, Crédit Agricole CIB
- Ulrik Ross, Managing Director, Global Head of Public Sector & Sustainable Financing, Capital Financing, HSBC Holdings plc
Moderator: Peter Cripps, Editor, Environmental Finance

17:30

End of conference & networking drinks reception