During next decades the climate change will be one of the most prominent challenges that mankind needs to solve. Due to climate change and changing customer preferences firms need to adapt their technologies and business models. Also financial sector will be affected. To fulfill our duty towards future generations and to safeguard financial stability, it is important to take action. Substantial investments are needed in various sectors to counteract negative effects, to avoid economic costs and financial risks.
In order to enhance the exchange of views and ideas on these topical issues, the Bank of Finland and the Finnish Ministry of Finance are co-hosting a conference entitled Greener Finance for Sustainable Future. The conference will focus on issues with direct relevance to the green finance. Green financing will also be one of the priorities during the Finnish presidency.
TOPICS AND PROGRAMME
The program will deal with the following themes
- How the climate change will impact the financial industry
- How financial industry can support green financing
- The importance of digitalization, fintechs and information for green investments
- How to define what is green and what is not
- The importance of climate change for financial risks and supervision
The conference will take place on 30-31 October 2019 at Finlandia Hall in Helsinki. The registration for this event has already closed and the event is fully booked.
The conference will be streamed and following live stream does not require separate registration.
TARGET GROUP
We welcome central bankers, supervisors, market participants, fintechs, academics and experts of the conference topics to participate in the conference.
Programme
Conference day 1, Wednesday 30 October
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09:00-10:20 Conference opening, Presentations Introductory speech: Mika Lintilä, Minister of Finance, Ministry of Finance, Recording Introductory speech: Olli Rehn, Governor, Bank of Finland, Recording Keynote: Climate risk, Growth Opportunities, Public Policy and Finance Nicholas Stern, Professor, London School of Economics and Political Science, Recording |
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10:45-12:45 Session 1: Setting the Scene, Presentations Keynote: Redirecting financial flows Alexander Stubb, Vice President, European Investment Bank, Recording Keynote: The Finnish Presidency Priorities - Climate change and sustanable finance Leena Mörttinen, Director General, Financial Markets Department, Ministry of Finance, Recording Keynote: Adapting to climate change Jyri Häkämies, Director General, Confederation of Finnish Industries, Recording |
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13:45-15:15 Session 2: Panel on EU Taxonomy, Presentations, Recording Sirpa Pietikäinen, Member of the European Parliament Mika Anttonen, Founder and Chairman, St1 Nathan Fabian, Chief Responsible Investment Officer, Principles for Responsible Investment Katja Keitaanniemi, President and CEO, OP Corporate Bank Jochen Krimphoff, Deputy Director, Sustainable Finance and International Relations, WWF-France |
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15:45-17:00 Session 3: Panel on Green Investing, Presentations, Recording Anna Hyrske, Head of Responsible Investments, Ilmarinen Lars Eibeholm, Head of Treasury, Nordic Investment Bank Anu Sammallahti, Deputy Director, Funding and Investor Relations, State Treasury Torsti Silvonen, Deputy Director General, DG- Market Operations, European Central Bank |
| 17:00-17:15 Closing remarks |
Conference day 2, Thursday 31 October |
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08:45-10:30 Conference opening, Presentations Keynote: Climate change and need for action Petteri Taalas, Secretary General, World Meteorological Organization, Recording Keynote: Financial stability risks from cilmate change Marja Nykänen, Deputy Governor, Bank of Finland, Recording Keynote:How can finance help combatting climate change? Dirk Schoenmaker, Professor, Erasmus University, Recording |
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11:00-12:30 Session 4: Panel on ESG Information & Disclosure, Presentations, Recording Maximilian Horster, Managing Director, ISS ESG Lauri Rosendahl, President, Nasdaq Stockholm Ab Stanislas Pottier, Chief Responsible Investment Officer, Amundi Pasi Kyckling, SVP Group Treasurer, Stora Enso Oyj Antti Kontio, Head of Funding and Corporate Responsibility, Municipality Finance Leonie Schreve, Global Head Sustainable Finance, INGBank |
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13:45-15:15 Session 5: Panel on Financial Stability and Risks, Presentations, Recording Ilya Khaykin, Partner, Financial Services, Oliver Wyman Ari Kaperi, Head of Group Credit Risk Management, Country Senior Executive in Finland, Nordea Harald Francke Lund, Senior Adviser, CICERO Jukka Vähäpesola, Head of Equities, Elo Mutual Pension Insurance Company |
| 15:15-15:30 Closing remarks |