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

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

10:45-12:45 Session 1: Setting the Scene, Presentations
Keynote: Climate change and governance of forest resources                                                    Olli Tahvonen, Professor, University of Helsinki, Recording

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

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

15:45-17:00 Session 3: Panel on Green Investing, PresentationsRecording

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

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

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

13:45-15:15 Session 5: Panel on Financial Stability and Risks, PresentationsRecording

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

 

 

 

 

 

;