PIP22_Sustainable Finance Policy Conference_v2

Date: Tuesday, 29 November 2022
Time: 10:00 - 17:15 CET followed by a networking drinks reception nearby
Venue: CCIB, Plaça de Willy Brandt, 11-14, 08019 Barcelona, Spain
Fee: Complimentary

The PRI Policy Conference aims to convene, for the second time since 2019, leading policymakers, regulators, regulatory affairs professionals and investors to a one-day in-person event dedicated to sustainable finance policy, in the run up to the flagship PRI in Person conference.

This event wasl an opportunity to discuss ongoing sustainable finance policy reforms, policy effectiveness and address challenges in policy frameworks to bridge the gap towards sustainability outcomes such as the Paris agreement and the SDGs.

The Policy Conference included sessions on:

Shifting the baseline on sustainable finance: strengths and challenges of different policy approaches around the world, and the value of global alignment
Stewardship, duties and policy engagement: the key reforms to empower the pursuit of sustainability outcomes
Piloting an economy-wide transition: connecting finance and industrial policy

Registration for the Sustainable Finance Policy Conference has closed. Please contact [email protected] if you have any questions about the event.

Agenda

Times	Session
10:00	Registration & morning coffee
10:30	Welcome remarks David Atkin, CEO, PRI Keynote speech Ashley Alder, CEO of Hong Kong SFC
11:00	Session 1: Shifting the baseline: financial regulations in the 21st century This session will start with a brief introduction from the moderator of the latest update of PRI’s regulation database, summarising key policy developments around the world. It will be followed by a panel discussion taking a global look at regulatory tools developed to ensure a common language to guide the climate transition and address greenwashing concerns. The session will explore strengths, challenges of different approaches, why different markets are taking different strategies, and what they hope to achieve. Speakers: Natasha Cazenave, Executive Director, European Securities and Markets Authority Satoshi Ikeda, Chief Sustainable Finance Officer, Japan Financial Services Authority Ma Jun, Chairman of the Green Finance Committee of China Society for Finance and Banking, Co-Chairman of the G20 Sustainable Finance Working Group Ali Khawar, Principal Deputy Assistant Secretary, US Department of Labor, Employee Benefits Security Administration Moderator: Elise Attal, Head of EU Policy, PRI
12:30	Lunch
13:30	The Legal Framework for Impact: I ntroduction by David Rouch, Partner at Freshfields Bruckhaus Deringer, co-author of the report
13:40	Session 2: The next phase for financial regulations: bridging the gap to sustainability outcomes Building regulations that enable investors to understand, manage and account for sustainability impact of their investment decision-making is essential as an increasing number of investors are set to pursue sustainability targets such as net zero. How are policymakers addressing this need – and what does that mean for future financial policy reforms on investor duties, stewardship and policy engagement? This session will include a presentation of the latest findings of the Legal Framework for Impact project, and a brainstorming activity involving all attendees. Speakers: Claudia Chapman, Head of Stewardship, UK FRC Yasuyuki Konuma, Executive Officer, Tokyo Stock Exchange Fausto Parente, Executive Director, European Insurance and Occupational Pensions Authority Stephane Tardif, Managing Director, Climate Risks, OSFI Canada Moderator: Robert Nash, Head of Legal Framework for Impact, Policy, PRI
15:10	Break
15:40	Fireside chat: PRI’s Chief Responsible Investment Officer, Nathan Fabian, discusses the connection between financial and real economy policy with John Morton, US Treasury
16:00	Session 3: Piloting an economy-wide transition: connecting finance and industrial / real economy policy Shifting financial flows to address key societal concerns such as climate change, loss of biodiversity, increasing inequalities, requires a foundational change not only in financial but also in economic policy. We will look at how policymakers can link investment gaps for the transition with whole of economy policies, building on case studies of countries that are helping to catalyse private sector funding through industrial policy or other means to deliver on transition targets. The session will include roundtable discussions to gather feedback from the room, and a closing panel to discuss lessons learned and next steps. Speakers: Jean Boissinot, Head of Secretariat, Network for Greening the Financial System, Banque de France Tim Gould, Chief Energy Economist, International Energy Agency Zoe Norgate, International Green Finance Deputy Director, Department for Business, Energy and Industrial Strategy (BEIS). Helena Vines Fiestas, Commissioner of the Spanish Financial Markets Authority and member of the UN HLEG on Net Zero Pledges Moderator: Eliette Riera, Head of UK Policy, PRI
17:30	Networking reception, kindly hosted by Cardano ACTIAM Venue: Barcelona Princess, Avda. Diagonal, 1 – 08019, Barcelona
19:30	Event end