Agenda - Expert Forum Adaptation and Mitigation Finance

8:30 - 9:00 Registration and welcome coffee

9:00 - 9:15:

Jörg Rocholl, President, ESMT

Olga Almqvist, Senior Manager, Societal Impact Financing Initiative (SciFi)

Moderation of the day

Simon Hicks, Product Advisor, Inhabit & MBA Student, ESMT Berlin

9:15 – 9:30

Opening keynote: Axel van Trotsenburg, World Bank

Axel van Trotsenburg, Senior Managing Director, Development Policy & Partnerships, World Bank

The opening keynote will address climate action for a livable planet

Curated literature: Within Reach: Navigating the Political Economy of Decarbonization, published by The World Bank 

9:30 – 10:30

Panelists

Session chair: Merih Sevilir, Professor of Finance, ESMT, Head of the Department of Laws, Regulations and Factor Markets at IWH Halle Institute for Economic Research, ECGI member

• Andrea Clerici, Director of the Corporate Finance and Global Activities Department, European Investment Bank (EIB)
• Marcel Haag, Director, DG for Financial Stability, Financial Services and Capital Markets Union, European Commission
• Marie Lam-Frendo, Chief Strategy Officer, Meridiam
• Avinash Persaud, Special Advisor on Climate Change to the President of the Inter-American Development Bank 

• Finance for climate action: Scaling up investment for climate and development, published by  Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science
• A climate finance framework: decisive action to deliver on the Paris Agreement, published by  the London School of Economics and Political Science (LSE)
• State and Trends of Carbon Pricing, by World Bank  
• Strengthening the Role of Ministries  of Finance in Driving Climate Action, by The Coalition of Finance Ministers for Climate Action
• The Green Swan: Central Banking and Financial Stability in the Age of Climate Change, published by Bank for International Settlements (BIS)
• Report from the commission on the monitoring of climate-related risk to financial stability, published by the European Commission
• A primer on green finance: From wishful thinking to marginal impact, published by Leibniz Institute for Financial Research
• Third G20 Finance Ministers and Central Bank Governors Meeting, published by Federative Republic of Brazil
• Making the global financial system work for all, published by Global Financial Governance
• Readying the Multilateral Development Banks for the Climate Fight, by Project Syndicate
• Sustainable infrastructure for the climate transition, by The Global Infrastructure Hub
• Avinash's TED talk "The climate crisis is expensive — here's who should pay for it"

10:30 – 10:45

Lars-Hendrik Röller, Chairman of the Green Guarantee Group, Founder & Chair, Berlin Global Dialogue

The Expert Forum Insights will address the role of guarantees in climate finance.

11:00 – 11:15

Political keynote: Jörg Kukies, German Chancellery

Jörg Kukies, State Secretary, German Chancellery, G7 Sherpa

The political keynote will address how to strengthen international and cross-sector collaboration to achieve climate goals

11:15 – 12:30

Panelists

Session chair: Raji Jayamaran, Professor of Economics, ESMT, Co-Director, Forward Society Lab

• Margarita Cabrera, Senior Underwriter – Climate Finance, MIGA-World Bank
• Christian Krämer, Member of Management Committee, KfW Development Bank
• Jörg Kukies, State Secretary, German Chancellery, G7 Sherpa
• Anja Langenbucher, Europe Director, Bill and Melinda Gates Foundation

• Financing Nature-Based Solutions for Adaptation at Scale: Learning from Specialised Investment Managers and Nature Funds, published by Global Center on Adaptation and Environmental Change Institute, University of Oxford
• Climate Finance Provided and Mobilised by Developed Countries in 2013-2022, by The Organisation for Economic Co-operation and Development (OECD)
• The (in)coherence of adaptation taxonomies, by Spacey Martín, Roberto and Ranger, Nicola and England, Kit, June 24, 2024. Available at SSRN: https://ssrn.com/abstract=
• Taxonomies Database, published by Resilient Planet Finance Lab, Environmental Change Institute, University of Oxford
• Global Landscape of Climate Finance 2023 , by Climate Policy Initiative (CPI)
• Guarantee Platform, by World Bank
• The Climate Financing Roadmap:  How development finance institutions can build bridges to unlock private capital, by BCG and KfW

13:30 – 13:45

Academic keynote: Ottmar Edenhofer, Potsdam Institute for Climate Impact Research

Ottmar Edenhofer, Director and Chief Economist, Potsdam Institute for Climate Impact Research

The academic keynote will address carbon pricing in climate finance

13:45 – 14:45

Panelists

Session chair: Leila Pourarkin, Partner, Kaya Partners

• Morgan Després, Executive Director International Finance, Economy & Nature Programmes, European Climate Foundation
• Anmay Dittman, Head of the Climate Finance Partnership, BlackRock
• Bernhard Lorentz, Chairman of the Advisory Board, Stiftung Klimaneutralität
• Dharshan Wignarajah, Director, Climate Policy Initiative

• The Bigger Picture, by Howden and Boston Consulting Group (BCG)
• Guide for Adaptation and Resilience Finance by Standard Chartered, KPMG, and the United Nations Office for Disaster Risk Reduction (UNDRR)
• Investing in Climate Resilience: Unlocking a Growing Market of Adaptation Solutions by Global Adaptation & Resilience Investment Working Group (GARI)
• Systematic review and meta-analysis of ex-post evaluations on the effectiveness of carbon pricing, by Döbbeling-Hildebrandt, N., Miersch, K., Khanna, T.M. et al.
• Climate policies that achieved major emission reductions: Global evidence from two decades, published by Science

14:45 – 15:15

Session chair: Lachlan Cameron, Director, Green Finance Center, Finance in Motion

• Case study on mitigation finance: PtX Development Fund, Thomas Engelmann, CEO
• Case study on adaptation finance: EIB Financing instruments for adaptation finance, Esther Badiola, Principal Climate Action Adviser, EIB

15:45 – 16:00

Investor keynote: Günther Thallinger, Allianz and Net Zero Asset Owners Alliance

Günther Thallinger, Member of the Board of Management and Chair of the Investment Board, Allianz. Chair of the Steering Group, Net Zero Asset Owners Alliance

The investor keynote will address how to move the needle to adaptation and mitigation finance from an investor perspective

16:00 – 17:15

Panelists

Session chair: Chris Clubb, Convergence

• Martin Ewald, Managing Director, London Office, Allianz Global Investors, OECD Senior Expert Group on Blended Finance and Adaptation
• David Kujper, CEO, European DFIs
• Malango Mughogho, Managing Director, ZeniZeni Sustainable Finance
• Patrick Nussbaumer, Strategic Partnerships Director, UBS Optimus Foundation 

• Scaling Up the Mobilisation of Private Finance for Climate Action in Developing Countries, by Organisation for Economic Co-operation and Development (OECD)
• State of Blended Finance 2024 by Convergence, Climate Edition
• Adaptation & Resilience Impact: A measurement framework for investors, published by the United Nations Environment Programme  - Finance Initiative (UNEPFI)
• Concessional finance: The key to securing a resilient future, published by ZeniZeni
• The underappreciated trade-offs at the frontline of development finance, published by Grantham Research Institute on climate change and the environment
• Maximising DFI impact in the era of climate change, published by EDFI

17:30 – 21:00

We will offer a guided tour of the historical ESMT building, which used to be the State Council building of the former German Democratic Republic, from 17:30 – 18:00.