Sustainable Forestry Funds 2011
 

Climate Finance 2010, 9 & 10 November

Keynote address by Greg Barker MP, Minister of State for Energy and Climate Change

London, UK

Programme

Day One - Tuesday 9 November

8.00
Registration & networking

8.45 Chairman’s opening remarks
Gareth Phillips, Chief Climate Change Officer, Sindicatum Carbon Capital

9.00 KEYNOTE ADDRESS
• UK business opportunities
• Public and private finance
• Long-term finance
• Cancun
Greg Barker MP, Minister of State for Energy and Climate Change

9.30 PANEL DISCUSSION: Outlook for the UN climate change negotiations in Cancun
• Update on the Copenhagen Accord
• Progress on fast-start finance? How much has been pledged and how much is new money?
• What can the private sector hope for at Cancun?
• What needs to be resolved outside the UN process?
Miles Austin, Director, Carbon Market & Investors Association
Michael Jacobs,
Visiting Fellow, Grantham Research Institute
on Climate Change and the Environment, LSE
John Curtis,
Senior Partner, Sustainability and Climate Change, ERM

10.15 Morning break & networking

10.45 Green banks – new channels for climate change finance?
• The World Bank and other multilateral development banks
• UK Green Investment Bank: ideas and proposals
• US perspective and the Senate’s proposed Green Bank
• The Global Climate Fund and UNFCCC
Abyd Karmali, Global Head of Carbon Markets,
Bank of America Merrill Lynch;
President, CMIA

11.15 Green fiscal stimulus packages
• How to screen and preserve green finance in the light of budget cuts
• Who has promised what?
• Who has delivered what?
• Successes and failures
Sam Fankhauser, Principal Research Fellow,
Grantham Research Institute on Climate Change and the Environment, LSE

11.45 PANEL DISCUSSION: Carbon Markets 2.0
• CDM re-think/reform?
• Beyond CDM: complementary/alternative mechanisms – REDD+ etc
• Post-2012: options for dealing with price and regulatory risk
• Proposals for sectoral crediting
Gareth Phillips, Chief Climate Change Officer, Sindicatum Carbon Capital
Tobias Pantenburg,
Head of Sales & Marketing, Greenmarket
Sven Kolmetz,
Head of Carbon Management Services, TUV SUD

12.30
Lunch & networking

13.45 Adaptation finance
Lit Ping Low, Assistant Director, Sustainability and Climate Change, PWC

14.15 PANEL DISCUSSION: Green bonds – fixed returns to fix the planet
• Recent proposals for climate bonds
• Who is issuing and who is buying?
• Governance and how to structure?
• Public versus private sector issuance
Sean Kidney, Europe Manager, Climate Risk & Chairman, Climate Bonds Initiative
Ben Caldecott,
Head of UK & EU Climate Change and Energy Policy, Climate Change Capital
Henry Derwent,
President, International Emissions Trading Association (IETA)

15.00 Private sector investment to tackle climate change
• Equity vs debt finance for developing countries
• Role of pension funds, insurance funds etc
Murray Ward, Founder, G triple C

15.30
Afternoon break & networking

16.00 Long-term investments for a sustainable economy
• Leveraging private sector capital from public sector funds
• Infrastructure investment requirements
• Opportunities for pension funds and other long-term investors
• Investments in climate change mitigation and adaptation
• Direct investments vs carbon/clean energy funds
Pierre Ducret, Chairman, CDC Climat

16.30 PANEL DISCUSSION: Investment opportunities in climate finance
• Leveraging public sector funding – opportunities for charitable and semi-
charitable organisations to fund projects
• Carbon/climate funds
• New developments in Clean Energy Funds
• Private sector involvement/integrating with government pledging resources
• Project equity finance and funds to invest in clean tech
Gus Hochschild, Alternative Energy Equity Analyst, Mirabaud Securities
Thomas Stetter,
Member, Executive Board, First Climate
Will Oulton,
European Head of Responsible Investment - EMEA, Mercer
Karin Mulder,
VP, KfW Carbon Fund, KfW Bankengruppe

17.15
End of Day One

-------------------------------------------------------------------------------------

Day Two - Wednesday 10 November

8.30
Registration & networking

9.00 Chairman’s opening remarks
Dr Niklas Höhne, Director Energy and Climate Policy, Ecofys

9.15 OPENING PANEL SESSION: EU Emissions Trading Scheme – outlook for Phase III
• Auctioning regulations and impact. What are the rules in reality?
• Commercial issues e.g. likely restriction on use of offset credits
• New mechanisms e.g. REDD+ and sectoral crediting
• Business implications if EU emissions reduction target increased to 30%
• Aviation and other new sectors: impact on the ETS and potential litigation
Alessandro Vitelli, Director of Strategy & Intelligence, IDEAcarbon
Henrik Hasselknippe,
 MD, Global Product Development, The Green Exchange
Bjorn Struck,
Senior Emissions Portfolio Manager, RWE Supply & Trading
Damien Morris,
Campaigns Manager, Sandbag

10.00 Outlook for US carbon markets

• Prospects for a federal carbon reduction regime
• Regional initiatives: RGGI, WCI etc
• Action by the EPA: controlling carbon under the Clean Air Act
Michael Adams, Managing Director, Corporate Trust, BNY Mellon

10.30
Morning break & networking

11.00 Emerging markets
• New Zealand: climate policy and potential links to Australia
• Japan: implications of a changing political climate?
• South Korea: plans for emissions trading

11.30 Current status and future perspective of Joint Implementation
• JI in Ukraine: market, regulations and perspectives
• JI in Russia: market, regulations and perspectives
• Pricing of ERUs on the secondary market
• JI post-2012: perspectives, worries, suggestions, solutions
Armen Stepanyan, Commercial Director, Global Carbon

12.00 AAU sales

• Who’s selling; who’s buying?
• Will the boom continue?
• Green Investment Schemes – what’s actually happening?
David Ungar, Managing Director ECA Climate Solutions, AES Corp

12.30 Lunch & networking

13.45 ROUNDTABLE DISCUSSIONS – TOPICS INCLUDE:

CDC post-2012
Dr Niklas Höhne, Director Energy and Climate Policy, Ecofys

Curbing emissions from the transport sector
Steve Purnell,
Partner, Impact Assessment and Planning, ERM

Auctioning and trading strategies in Phase III of the EU ETS
Henrik Hasselknippe,
 MD, Global Product Development, The Green Exchange

Pre-compliance action
Jonathan Shopley,
Managing Director, The Carbon Neutral Company;
Founder & Co-Chair, International Carbon Reduction and Offset Alliance (ICROA)

UK's Carbon Reduction Commitment
Jenny Harrison,
Director, Deloitte

Carbon capture & storage

14.45 Afternoon break & networking

15.15 PANEL DISCUSSION: Forestry finance – the roles of public and private sector finance
• Status update for REDD+
• Fast-start finance for REDD+; sources and routes to deployment
• Potential sources of demand for REDD+ credits (Voluntary, US, EU-ETS); how can policy makers
stimulate sufficient private finance?
• Is the private sector ready for REDD+ (can a for-profit model co-exist and meet the needs of
local stakeholders)?
Christian del Valle, Director, Environmental Markets, BNP Paribas
Jan Fehse,
Head of Forestry Services, EcoSecurities
Clément Chenost,
Head of Business Development, ONF International
Mark Tarry, Director, Canopy Capital

16.10 PANEL DISCUSSION: Forestry in practice – issues on the ground; how will it work?
• Managing safeguards and implementation risks (stakeholder engagement; governance structure,
land tenure)
• Host country perspectives
• How to integrate carbon revenues with traditional forestry revenue streams – environmentally certified products, biodiversity and other ecosystem services
• Brazilian/USA legal update
• Project and transaction structures
Forbes Elworthy, CEO, Craigmore Funds
Stefan Salvador,
Policy Manager, FSC International Centre
Leslie Durschinger,
Founder, Managing Director, Terra Global Capital

17.05 End of Conference

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