Finance & Supply Chains Theatre

Finance – Facilitating or Failing the Energy Transition?

Day 1 : 15:35 – 16:25

While we often hear that the energy transition represents an historic opportunity for the financial sector, funding is still not flowing fast enough to meet Paris targets in any area of the economy. Emerging zero-carbon technologies and the “brown to green” capital investments needed to facilitate the energy transition face both technology and market hurdles to access funding. Furthermore, the role of carbon offsets has come into question, with companies feeling compelled to adopt a “wait and see” approach while integrity concerns are resolved, rather than risk accusations of greenwashing. As a result, carbon markets are not scaling at the pace needed in order for companies to deliver on Net Zero commitments.

Learnings

  • Why aren’t bankers busier? What are the barriers to accelerating debt and equity funding for new energy technologies?
  • What is the role for multilaterals in de-risking such technologies and mobilizing private capital?
  • Will carbon offsets ever really become the “Net” in Net Zero?
  • Do companies need a carbon markets strategy as part of their decarbonization plans?

 

Speakers

Piers Touzel

ERM

Head of Advisory, Greater China

Piers has provided ESG advisory services across Asia for 25 years. He has advised multinational investors on managing ESG risks associated with inbound investments into Asia and Hong Kong-listed corporates on the ESG aspects of capital market transactions, outbound M&A and investor relations.

Piers leads ERM’s “decarbonisation” services across Greater China, working with clients across a range of industries to reduce greenhouse gas emissions in their own operations and in their supply chains.

My Sustainability Goals for 2024:

1) Cross-border collaboration on zero carbon power
2) Use of high quality carbon offsets to take action on hard to abate emissions, now

Lamiae Bouslikhin

HSBC

Vice President – Infrastructure Finance

Lamiae is a Vice President and carbon, capture, utilization and storage (CCUS) lead in the Asia-Pacific Infrastructure Finance team of HSBC, based in Hong Kong. She holds an Engineering Diploma and a Project Finance Master of Science from Ecole Nationale des Ponts et Chaussees in France. Lamiae has over 10 years of project finance experience across Asia Pacific, Middle-East and Europe having arranged or advised debt raising across infrastructure, power and utilities and energy transition sectors. Prior to joining HSBC, she has previously held roles at MUFG in London and Credit Agricole in Hong Kong and Paris. Lamiae is actively involved in working groups about decarbonization opportunities in the Asia Pacific region.

Fiona Chin

Templewater

Vice President, ESG

Fiona is the Vice President of ESG at Templewater, a Hong Kong-headquartered alternative asset manager.

She is primarily responsible for leading the development, implementation, and management of the firm’s ESG strategy throughout the entire investment cycle, aiming to drive the firm’s commitment to sustainable investing. She is responsible for overall ESG development, targeting hydrogen and decarbonization opportunities for the group and portfolio companies. Templewater manages one of Asia’s first decarbonization-focused investment funds, with a high conviction that hydrogen is a critical solution in global decarbonization initiatives and is spearheading the efforts in Hong Kong and the Asia Pacific region.

Prior joining the firm, Fiona has 9 years of experience in sustainability field. She is an experienced ESG and sustainability specialist, with a special focus in corporate sustainability strategy and climate change advisory. Fiona holds a Master in Corporate Environmental Governance from the University of Hong Kong and received a Bachelor of Science in Environmental Management and Technology from the Hong Kong University of Science and Technology.

Ken Chiu

Hong Kong Exchanges and Clearing Limited (HKEX)

Head of Carbon and ESG, Markets

David Rollinson

Asian Infrastructure Investment Bank

Senior Environmental Specialist

David Rollinson is a Senior Environmental Specialist at the Asian Infrastructure Investment Bank, who has been working in the Environmental and Social safeguards space for the last 12 years. Prior to joining the AIIB, David led the Environmental and Social assessment teams in Southeast Asia at the Consultancy Arup. David has extensive experience throughout Asia and the Pacific, working in numerous sectors throughout the project lifecycle ranging from undertaking impact assessments for large-scale infrastructure projects, through to E&S transaction advice. David is a Chartered Biologist.

With thanks to