8:30 AM – 9:00 AM

Arrival, Registrations and Coffee

9:00 AM – 9:30 AM

Welcome and Introductions

• Aziz Durrani, Capacity Development Expert, AMRO
• Simon Dikau, Research Fellow, Grantham Research Institute (GRI) and Research Director, INSPIRE
• Conor Donaldson, CEO, GAIP

9:30 AM – 10:45 AM

Session 1: Environment and climate risks regional scenarios for Southeast Asia

The aim of this first session is to prevent the current status of environment and climate risks assessment for the Southeast Asia region. After brief introduction and an overview of current developments, the session will be opened up to the panelists to provide reflections and discuss technical challenges and conceptual issues that are specific to creating regional scenarios.

Moderator:

• Aziz Durrani, Capacity Development Expert, AMRO

Presentations (15 min)

• Simon Dikau, Research Fellow, GRI and Research Director, INSPIRE

Panelists:

1. Adam Ng, Greening Financial Regulation Initiative (GFRI) Asia-Pacific Lead and Sustainable Finance Advisor Malaysia, WWF
2. Thessa Vasudhevan, Research Associate, Asia School of Business, INSPIRE
3. Simon Dikau, Research Fellow, GRI and Research Director, INSPIRE
4. Fiona Stewart, Global Lead Insurance and Pensions, World Bank Group

Moderated Discussion (60 min)

10:45 AM – 11:15 AM

Coffee break

11:15 AM – 12:45 PM

Session 2: The role of the blue economy and ocean finance in the transition to sustainable, inclusive and resilient development and growth in the ASEAN region

In the Asia Pacific region, there is a strong dependency on a range of economic sectors on marine ecosystems. Asia is home to nine of the 10 busiest ports in the world, nearly half of all containerized shipping takes place on east-west routes that cut across Asia, and more than half of the world’s commercial fishing occurs in Asia. Coastal tourism is essential to many economies in the Asia Pacific, reliant on resilient marine ecosystems. However, the sector remains underfinanced, and SDG 14 Life Below Water remains the least funded of the UN Sustainable Development Goals. The announcement of the UN High Seas Treaty will bring additional focus to the blue economy. This session aims to discuss the role of blue finance to protect and promote the role of marine ecosystems and ocean ecosystem services in ASEAN, as well providing food and jobs for a significant portion of the population in Thailand, Indonesia, Malaysia and Singapore, and the Philippines. After a brief presentation, the panel will discuss emerging topics, opportunities and challenges.

Moderator:

• Prof. Darian McBain (LSE)

Presentations (15 min)

• Darian McBain (LSE)

Panelists:

1. Nikki Kemp, ex Director Asia Pacific for World Economic Forum on Sustainable Finance, and ex Regional Executive Director for ANZ bank
2. Vikalp Sabhlok, Asia Pacific Director of Origination, NatureVest
3. Nicholas Gandolfo, Sustainalytics/Morningstar

Moderated Discussion (75 min)

12:45 PM – 1:30 PM

Lunch break

1:30 PM – 3:00 PM

Session 3: Addressing climate-related financial risks in insurance

Insurers are regarded as ‘leaders’ in addressing climate-related financial risks due to their long experience in underwriting natural catastrophe risks. To what extent this is true? How are insurers taking account of financial risks arising from climate change in their pricing approaches, and how are they underwriting such risks? This panel will discuss how insurers are pricing and underwriting climate-related financial risks, the challenges involved, and the role of insurance supervisors in this area.

Moderators:

• Jeffery Yong, Principal Advisor, Financial Stability Institute (FSI), Bank for International Settlements (BIS) and Co-Chair of the NGFS Taskforce on Capacity Development – Felicia Khoo, Director, GAIP

Panelists:

1. Lee Jia Liauw, Chief Actuary, Prudential Singapore
2. Professor Benjamin P. Horton, Director, Earth Observatory of Singapore, Nanyang Technological University
3. Winnie Tan, SVP of Sustainability, Great Eastern
4. Nico Ahn, Regional Sustainability Lead, Allianz Asia Pacific

Moderated Discussion (90 min)

3:00 PM – 3:30 PM

Coffee break

3:30 PM – 5:00 PM

Session 4: Public-Private Partnerships – Applications in Asia

Public-Private Partnerships (PPPs) in the context of addressing protection gaps and managing risks are not new, albeit with a particular focus on natural disasters to date. This session discusses the different types of PPPs that have been implemented around the world, the lessons learnt, and what elements are applicable to the Asia region.

Moderator:

• Craig Thorburn, Consultant, GAIP

Presentation (15 mi)

• Craig Thorburn, Consultant, GAIP

Panelists:

1. Christopher Au, WTW – Associate Director, Climate Resilience Hub
2. Suraya Sani, Deputy Director, Sustainability, Bank Negera Malaysia
3. Kalpana Seethepalli, Director of ESG, Asia Pacific, Deutsche Bank

Moderated Discussion (75 min)