ReThink 2020 on-demand
Day 1 – 28th October
Title: Responding to change: how to finance it
Overview:
Change needs resources – what is happening in the world of financing that is helping and hindering green growth?
Learnings:
– Finance and economics have been going the wrong direction for over a century; it has not valued the planet or it’s finite resources
– Innovation-driven financing: the imperative to think of new ways to close the $2.5 billion per year SDG Gap – public financing is not enough
– Private sector financing will move the needle, but we but we need fundamental change from the top which means stricter laws, policy and regulation
– Sustainable investing is already mainstream, the next step is to make it mainstream in Asia – we need better data and disclosure
Post-event actions for delegates:
– Without proper legislation, progress will always be hindered – an educated populace needs to drive change §Institutional investors need to drive change by moving away from short-termism and demanding better ESG standards and disclosure
– Mobilize private capital, by breaking down old barriers and vested interests through innovative thinking
Jean-Marc Champagne, Head of Environmental Finance, Asia-Pacific, WWF-Hong Kong (Moderator)
Tracy Wong Harris, Deputy Secretary General, Hong Kong Green Finance Association
Bill Kentrup, Co-founder & Head of Origination, Allinfra
Francis Ngai, Founder & CEO, Social Ventures Hong Kong