Global transition finance summit: on demand

The Global transition finance summit convened influential leaders from the public and private sectors for a high-level and proactive dialogue on meeting net-zero targets, while maintaining social and economic balance.

Centered on the key themes in transition finance, asset owners, pension funds, and sovereign funds joined policy-makers, central banks, development banks, fund managers, and corporations to delve into the financial solutions, products, and architecture required for the transition. We discussed how to facilitate the low-carbon transition by leveraging capital. According to the International Energy Agency’s Net Zero Emissions by 2050 scenario, the transition required an additional $126tn from then until 2050, with almost half of this investment needed in the Asia Pacific region.

The event took place in Singapore, which plays a key role between East and West as well as the developed and developing markets. Speakers and delegates were leveraged from the networks of the event’s founding partners: SGX Group, the leading global exchange in ESG and sustainability; and OMFIF, the independent think tank with a unique network among public sector financial institutions.

On demand

Welcome remarks

Opening keynote

Presentation: Defining implementable and credible transition finance

Presentation: OMFIF’s Global Public Investor survey on transition finance

Session I: Leveraging capital – the role of asset owners in transitioning capital markets

Session II: Evolving sustainable capital markets – the latest tools, products and standards

The role of transition finance in reforming the global financial architecture

Workshop: Global perspective on transition planning for corporates and financial institutions

Session III: Mobilising assets and portfolio allocation for transition

Session IV: The role of government and policy-makers in driving transition finance

Session V: Crowding private finance into emerging markets

Session VI: Solving the energy trilemma and driving decarbonisation

Gallery

11

Thought-provoking sessions

25+

Insightful speakers

250+

Attendees

1

Impactful event

Speakers

Thijs Aaten

Chief Executive Officer

APG Asset Management Asia

Usman Akhtar

Partner and Head, Southeast Asia Private Equity Practice

Bain

Amanda Blanc

Group Chief Executive Officer

Aviva

Katrina Cuthell

Senior Partner

Bain

Monica Bae

Director of Investor Practice

AIGCC

Aurelia Britsch

Global Head of Climate Research

Sustainable Fitch

Herry Cho

Managing Director and Head of Sustainability and Sustainable Finance

SGX Group

Thu Ha Chow

Head of Fixed Income, Asia

Robeco

Loh Boon Chye

Chief Executive Officer

SGX Group

Paiboon Dumrongwaree

Assistant Secretary General

Securities and Exchange Commission Thailand

Ma Jun

Founder and President

Institute of Finance and Sustainability

Ali Al Khalifa

Chief Executive Officer

Bahrain Future Generations Reserve Fund Council

Hiroshi Komori

Member

International Sustainability Standards Board

Beatriz Laranjeira

Policy Officer

European Commission

Weylin Liew

Portfolio Manager and Head Active Engagement

GIC

Cindy Lim

Chief Executive Officer

Keppel Infrastructure Holdings

Edmund Lin

Partner and Chairman, Southeast Asia

Bain

Leong Wai Leng

Managing Director and Regional Head of Asia Pacific

Caisse de dépôt et placement du Québec

Leslie Maasdorp

Vice President and Chief Financial Officer

New Development Bank

Emma McGarthy

Head, Sustainable Policy Institute

OMFIF

Carsten Mueller

Regional Industry Director, Manufacturing, Agribusiness and Services, Asia

International Finance Corporation

Liew Tzu Mi

Chief Investment Officer, Fixed Income & Multi Asset

GIC

John Orchard

Chief Executive Officer

OMFIF

Corrine Png

Regional Head of Equities Research and Stewardship

AIA Group

Kim Rosenkilde

Chief Investment Officer

Singlife

Nikhil Sanghani

Managing Director, Research

OMFIF

Tamara Singh

Strategic Adviser

OMFIF

HE Ambassador Majid Al Suwaidi

Director General and Special Representative

United Arab Emirates COP28 Presidency

Frederick Teo

Chief Executive Officer

GenZero

Thomas Venon

Executive Director

Centre for Development Finance Studies

Joachim von Amsberg

Special Adviser to the President

Asian Infrastructure Investment Bank

Gabriel Wilson-Otto

Head, Sustainable Investing Strategy

Fidelity International

Ridha Wirakusumah

Chief Executive Officer

Indonesia Investment Authority

Yuki Yasui

Managing Director, Asia Pacific Network

Glasgow Financial Alliance for Net Zero

Watch on-demand

08:00 - 09:15 Breakfast briefings (invitation only)

Stream one: Unlocking capital through transition benchmarks

The roles of indexes and passive investment
The latest disclosure requirements, standards and data capabilities to enable increased information sharing and transparency
Driving interoperability in sustainable finance products – the latest criteria and labelling

Speakers:

Ashish Goyal, Executive Vice President and Head of Asia Pacific, OMERS
Kim Rosenkilde, Chief Investment Officer, Singlife
Loh Boon Chye, Chief Executive Officer, SGX Group

Stream two: How private equity is adapting to climate change

Improving transition direction and performance – the role of private equity and shareholders
Roadmaps, metrics and tools to measure performance
Translating transition into value
Levelling up between private and public markets

Speakers:

Usman Akhtar, Partner and Head of Southeast Asia Private Equity Practice, Bain
Katrina Cuthell, Partner, Bain
Edmund Lin, Partner and Chairman of Southeast Asia Office, Bain

09:00 - 09:30 Conference registration

09:30 - 09:40 Welcome remarks

09:40 - 09:55 Keynote address: Transforming climate finance: COP28 and beyond

09:55 - 10:10 Presentation: Defining implementable and credible transition finance

10:10 - 10:25 Presentation: Findings of OMFIF’s Global Public Investor survey on transition finance

10:25 - 10:45 Refreshment and networking break

10:45 - 11:40 Session I: Leveraging capital – the role of asset owners in transitioning capital markets

Asset owners have the power to shape global markets and drive economy-wide climate transition. This panel discussion will examine the role asset owners can play in transitioning capital markets and how they can adapt to the threat of climate change. Panellists will discuss asset owners’ portfolio management, how to leverage and allocate capital to drive transition, innovating operating models and their role in the financial ecosystem.

Thu Ha Chow, Head of Fixed Income Asia, Robeco
Snorre Gjerde, Lead Investment Stewardship Manager, Corporate Governance, Norges Bank Investment Management
Leong Wai Leng, Managing Director and Regional Head of Asia Pacific, Caisse de dépôt et placement du Québec
Liew Tzu Mi, Chief Investment Officer, Fixed Income & Multi Asset, GIC

Moderator: Clive Horwood, Managing Editor and Deputy Chief Executive, OMFIF

11:40 - 12:45 Session II: Evolving sustainable capital markets – the latest tools, products and standards

The sustainability landscape has become a significant element of financial markets, with green financial products, taxonomy criteria, standards and regulatory developments increasing. Yet emission-intensive industries are often excluded from sustainability standards. This panel will discuss how to evolve sustainable capital markets to support mobilising capital for the transition, the necessary criteria, targets and tools required, and how the public and private sector can work together.

Aurelia Britsch, Senior Director, Global Head of Climate Research, Sustainable Fitch
Loh Boon Chye, Chief Executive Officer, SGX Group
Paiboon Dumrongwaree, Assistant Secretary General, Securities and Exchange Commission, Thailand
Don Guo, Group Chief Investment Officer, Prudential
Hiroshi Komori, Member, International Sustainability Standards Board

Moderator: John Orchard, Chief Executive Officer, OMFIF

12:45 - 12:55 The role of transition finance in reforming the global financial architecture

12:55 - 14:15 Lunch and networking break

13:25 - 14:05 Workshop: The next frontier – a global perspective on transition planning for corporates and financial institutions

14:15 - 15:10 Session III: Mobilising assets and portfolio allocation for transition

Investors play an enormous role in driving transition. This panel of investors will discuss how assets can be mobilised and allocated to the transition, and the investment mechanisms and products required. The speakers will touch upon the growing role of transition instruments, the risks of not transitioning assets, adapting to growing regulatory expectations and the returns of impact investment.

Thijs Aaten, Chief Executive Officer, APG Asset Management Asia
Corrine Png, Regional Head of Equities Research and Stewardship, AIA Group
Gabriel Wilson-Otto, Head of Sustainable Investing Strategy, Fidelity International
Ridha Wirakusumah, Chief Executive Officer, Indonesia Investment Authority

Moderator: Herry Cho, Managing Director and Head of Sustainability and Sustainable Finance, SGX Group

15:10 - 15:45 Session IV: Global perspectives - the role of government and policy-makers in driving transition finance

Governments must introduce more incentives for the financial sector and wider economy to transition, and unlock the capital required to fund important technologies. This panel will examine the latest policies and standards designed to drive transition, necessary public finance approaches and how taxonomies and similar tools should be integrated into criteria and frameworks.

Satoshi Ikeda, Chief Sustainable Finance Officer, Financial Services Agency
Ma Jun, Founder and President, Institute of Finance and Sustainability

Moderator: Tamara Singh, Strategic Adviser, OMFIF

15:45 - 16:05 Refreshment and networking break

16:05 - 17:00 Session V: Crowding private finance into emerging markets – the role of multilaterals and blended finance

Blended finance will play a huge role in attracting private finance and unlocking institutional capital, and the role of multilateral development banks in undertaking initial risk cannot be understated. This panel of MDBs will discuss the incentives and obstacles they encounter in scaling up private finance for sustainable development and the loans, guarantees and instruments required.

Leslie Maasdorp, Vice President and Chief Financial Officer, New Development Bank
Carsten Mueller, Regional Industry Director, Manufacturing, Agribusiness and Services Asia, International Finance Corporation
Joachim von Amsberg, Special Adviser to the President, Asian Infrastructure Investment Bank
Thomas Venon, Executive Director, Centre for Development Finance Studies

Moderator: Emma McGarthy, Head, Sustainable Policy Institute, OMFIF

17:00 - 17:55 Session VI: Solving the energy trilemma and driving decarbonisation

Amid the need to decarbonise and transition finance, the challenge of simultaneously achieving sustainable, cost-efficient and secure energy persists. This panel will discuss the latest in renewable energy investment and infrastructure development, the measures and policies required to support energy supply and efficiency and the implications of geopolitical uncertainty.

Ali Al Khalifa, Chief Executive Officer, Bahrain Future Generation Reserve Council
Cindy Lim, Chief Executive Officer, Keppel Infrastructure Holdings
Frederick Teo, Chief Executive Officer, GenZero
Beatriz Laranjeira, Policy Officer, European Commission

Moderator: Weylin Liew, Portfolio Manager and Head of Active Engagement, GIC