Acclimatise, the European Investment Bank, and the Global Reporting Initiative would like to invite you to this panel discussion.
When: Tuesday 11 December from 15:00-16:30
Where: Room BUG, Area G, COP24 Conference venue, Katowice
- Dr Cinzia Losenno, Senior Climate Change Specialist, European Investment Bank
- Dr Craig Davies, Head of Climate Resilience Investments, European Bank of Reconstruction and Development
- Dr Hilen Meirovich, Climate Lead Specialist, IDB Invest
- Mr Remco Fischer, Head of Climate Change, UNEP Finance Initiative
- Dr Barney Dickson, Director of Strategy and Policy, Global Center on Adaptation, Co-Director of Global Commission on Adaptation
- Mr Alexis Bonnel, Lead of International Development Finance Club, Agence Française
Moderator: Mr John Firth, CEO of Acclimatise
Webcast: A live broadcast via Skype Meeting Broadcast will be available on-demand via the following
link to “Side Events Webcast Page”. Viewers will also be able to submit questions through the dedicated chat.
Contact: Dr Sara Venturini, firstname.lastname@example.org
Policies and investors play a key role in building climate resilience, including through climaterelated
financial disclosures. This event explores promising practices of national and capital market policies enhancing corporate reporting on climate action, and international finance institutions’ reporting on adaptation finance.
It has been over a year since the release of the Recommendations from the Financial Stability Board (FSB) Task Force on Climate-Related Financial Disclosures (TCFD). Across the world, leading initiatives have started to explore how different segments of the financial sector may respond to the TCFD Recommendations. Lessons from these pioneer initiatives show the need for collaboration between and within financial institutions, as well as for better guidelines and metrics to support risk disclosure processes.
Physical climate-related disclosures are part of an iterative process and constitute a learning exercise for corporations and financial institutions. Multilateral development banks (MDBs) have a role to play in ensuring that emerging economies are not left behind as new regulatory and market practices on climate-related disclosures emerge.
This event will discuss:
- How policy plays an important role in advancing corporate reporting on climate change related issues by exploring promising practices of national policies and capital markets regulation that enhance corporate reporting and climate action.
- How MDBs can work with commercial bank partners using the TCFD recommendations as a basis for engagement.
- How major financial institutions such as MDBs and International Development Finance Club (IDFC) members work jointly to develop principles and methodologies to report the level and the outcome of climate finance for adaptation and climate resilience operations in their development portfolios.
Cover photo by Umkatowice/Wikimedia (CC BY-SA 3.0): Katowice, Poland