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Monday, September 27, 2021

 zoom me up dubai october  

https://www.aiib.org/en/news-events/news/2021/UAE-AIIB-Sign-MOU-to-Host-Sixth-AIIB-Annual-Meeting.html  https://www.aiib.org/en/news-events/events/2021-annual-meeting/program/index.html

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a Memorandum of Understanding (MOU) committing to work together to support energy transition and promote renewable energy.

The MOU was signed on Sep. 20 by AIIB President, Jin Liqun, and IRENA Director-General, Francesco La Camera, at a virtual ceremony to mark the new partnership. President Jin remarked upon how AIIB and IRENA will work together to accelerate investment and enhance awareness of renewable energy solutions, particularly in Asia.

“With Asia’s growing energy demand, and the rising challenges from climate change, we need to ensure the region invests more than ever in renewable energy and energy efficiency to facilitate its transition to a low carbon energy mix. This partnership is part of the Bank’s journey toward realizing the goals set out in the Paris Agreement,” said President Jin.

Under the terms of the MOU, both AIIB and IRENA jointly decide to scale-up their efforts to unlock capital and accelerate the uptake of renewable energy by their members. Mr. La Camera highlighted that this Memorandum bolsters IRENA’s efforts to facilitate the flow of low-carbon capital into the energy transition where it is needed most, including through the Climate Investment Platform, a multi-stakeholder initiative designed to mobilise climate capital, of which IRENA is a founding member.

“The energy transition is the centrepiece of global efforts to achieve sustainable development, address climate change and accelerate a new age of inclusive, low-carbon growth,” said IRENA Director-General Francesco La Camera. “Through partnerships like this, we can catalyse the flow of capital towards renewables and energy transition related infrastructure in order to build a more resilient and sustainable energy system that delivers significant socioeconomic benefits to people and achieves global climate objectives.”

Today, Asia is home to about 60 percent of the world’s population and contributes to almost 50 percent of global energy-related greenhouse gas emissions. The region accounts for nearly half of global renewable-energy capacity, according to IRENA, up from less than one-third a decade ago. However, relative to its size, Asia still lags behind, with renewables accounting for less than 15 percent of total primary energy consumption in 2020.

Furthermore, developing countries in Asia are expected to account for about two-thirds of global energy growth by 2040. With its vast wealth of affordable and sustainable energy resources, such as hydropower, wind and solar, it is essential that this growth is met by renewable energy capacity.

Under its Corporate Strategy, AIIB aims at reaching or surpassing by 2025 a 50 percent share of climate finance in its actual financing approvals, reflecting its commitment to support the Paris Agreement. Its Sustainable Energy for Asia Strategy (2017) also sets out a clear framework for how the Bank will invest in energy projects that increase access to clean, safe, affordable and reliable energy for millions of people across Asia.

The Bank is partnering with IRENA to support AIIB’s mandate and help the Bank achieve its ambitious climate finance targets. AIIB is already playing an important role in increasing private sector investment in the renewable energy sector. Over the last five years, AIIB has invested in 12 renewable energy projects, amounting to USD 1.25 billion in Egypt, India, Kazakhstan, Maldives, Oman, Pakistan, Tajikistan, Turkey and Nepal.

Further, 71 percent of AIIB-financed installed power capacity was in renewable energy, with about 940 MW renewable energy capacity added annually. AIIB has also invested at least USD 500 million in on-lending for renewable energy projects through financial intermediaries such as the Tata Cleantech Sustainable Infrastructure On-Lending Facility in India and the SUSI Energy Transition Fund dedicated to Southeast Asia.

IRENA has been instrumental in mobilizing finance for renewable energy deployment. Through its partnership with the Abu Dhabi Fund for Development (ADFD), under the IRENA/ADFD Project Facility, it has supported transformative renewable energy projects in developing countries across Africa, Asia, Latin America, the Caribbean and the Pacific. Under the Facility, USD 350 million in concessional loans was committed over seven annual funding cycles, assisting 32 projects in 26 countries.

The Climate Investment Platform (CIP) was launched at the United Nations Secretary General’s Climate Action Summit in 2019, as an inclusive partnership to scale-up climate action and translate ambitious national climate targets into concrete investments on the ground. The founding partners include IRENA, SEforALL and the United Nations Development Programme in coordination with the Green Climate Fund.

Thursday, September 2, 2021

 Asian Infrastructure Investment Bank (AIIB) President Jin Liqun has announced changes to the Bank’s Senior Management Team effective August 1, 2021.

Joachim von Amsberg will step down as Vice President for Policy and Strategy

After more than five years leading the Strategy, Policy and Budget Department, von Amsberg will step down as Vice President to be closer to his family. He will transition to become Special Advisor to President Jin.

Von Amsberg led AIIB in the development of its first Corporate Strategy and the crafting of all of the Bank’s sector strategies. He shepherded the Bank through the COVID-19 pandemic, launching a Crisis Recovery Facility that has supported many of AIIB’s members. Under his leadership, a revised Environmental and Social Framework was approved, as was the negotiation of AIIB’s participation in international partnerships, including the Global Infrastructure Facility and the Multilateral Cooperation Center for Development Finance.

“The impact Joachim has had on our Bank cannot be overstated, particularly his role in guiding AIIB’s first Corporate Strategy into existence,” said President Jin. “He brought to AIIB deep expertise of how multilateral development banks operate, which was critical in our startup years. We will think of him for years to come when we talk about the origins of our mission to invest in the Infrastructure for Tomorrow.”

Sir Danny Alexander to become Vice President for Policy and Strategy

As approved by AIIB’s Board of Directors, Sir Danny Alexander, Vice President and Corporate Secretary, will take over as Vice President for Policy and Strategy, reporting to President Jin.

As a member of the Senior Management Team since 2016, Alexander has played a pivotal role in establishing AIIB’s governance structure and shareholder relations program, including leading the negotiations on the Accountability Framework. AIIB’s membership has grown from 57 founding members to 103 approved members under his tenure.

“AIIB is poised to help our members battle the dual emergencies of climate change and the pandemic and Danny has demonstrated a keen understanding of the impact AIIB can play in this transition. He is also an excellent negotiator and leader who will bring passion to his new role,” said President Jin. “I believe Danny will help strengthen our ability to serve our clients and I want to congratulate him on this new opportunity.”

Ludger Schuknecht to be appointed as Vice President and Corporate Secretary

Schuknecht has been appointed by AIIB’s Board of Directors to the position of Vice President and Corporate Secretary, reporting to President Jin. He will also become a member of the Bank’s Senior Management Team.

Schuknecht has held important leadership posts at the national and international levels. Most recently, he was a Visiting Professor at the Lee Kuan Yew School of Public Policy. Prior to this role he was Deputy Secretary-General at the Organization for Economic Co-operation and Development and was previously Chief Economist and Director General of Germany’s Federal Finance Ministry. He has extensive experience working with international financial institutions, including the IMF and World Bank, and acted as the Chief Negotiator for Germany in the founding of AIIB. In addition, Schuknecht was Co-chair of the Infrastructure Investment Working Group of the G20, which gives him deep understanding of the sector and its needs.

“As one of the architects of the founding of AIIB and the drafting of its Articles of Agreement, Ludger is uniquely qualified to take on a leadership position responsible for the Bank’s governance and member relations,” said President Jin. “He is also a thought leader in the areas of international finance and fiscal policy, which are skills that will help AIIB as it moves from startup to growth phase. I look forward to hearing his perspectives and ideas as a member of my Senior Management Team.”


Beijing, July 13, 2021

UAE, AIIB Sign MOU to Host Sixth AIIB Annual Meeting

Mr. Jin Liqun, AIIB President and Chair of the Board of Directors and H.E. Dr. Sultan Al Jaber, the UAE’s Minister of Industry and Advanced Technology and Chair of the AIIB Board of Governors, signed the MOU confirming that the UAE will host and chair the 2021 AIIB Annual Meeting virtually on Oct. 26-28.

The United Arab Emirates (UAE) will host the Sixth Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) with the theme “Investing Today, Transforming Tomorrow” virtually on Oct. 26-28, 2021.

A Memorandum of Understanding (MOU) confirming that the UAE will host and chair the Annual Meeting virtually was signed on July 13, 2021 by AIIB President and Chair of the Board of Directors Jin Liqun and His Excellency Dr. Sultan Al Jaber, the UAE’s Minister of Industry and Advanced Technology and Chair of the AIIB Board of Governors.

The virtual MOU signing was witnessed by H.E. Dr. Ali Obaid Al Dhaheri, Ambassador of the UAE to the People’s Republic of China, at the AIIB headquarters in Beijing.

“As one of the founding Members of AIIB, the UAE has provided staunch support for the Bank since its foundation and played a crucial role in shaping AIIB as it has grown and developed,” said President Jin. “We are committed to continuous collaboration with the Government of the UAE to deliver a highly productive and effective Annual Meeting in a virtual format.”

H.E. Dr. Sultan Al Jaber said, “The Annual Meeting of AIIB’s Board of Governors provides a great opportunity to foster collaboration, forge new partnerships among the international development community and affect positive change. Overcoming our global social and economic development challenges requires a cohesive community of like-minded thinkers and doers acting in the best interests of all. As the host of this year’s meeting, the UAE is committed to chairing a highly engaging and inclusive Sixth Annual Meeting to enable all participants to realize the best possible outcomes.”

To foster wider engagement with the Middle East, a series of virtual lead-up events targeting specific Members’ business communities will be organized in the months preceding the Annual Meeting. The first lead-up event will take place on July 28, 2021. The event will introduce the AIIB Corporate Strategy to audiences in the UAE and identify potential areas for collaboration.

 

ABOUT AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 103 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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Home News and Insights Media Center News UAE, AIIB Sign MOU to Host Sixth AIIB Annual Meeting

Tuesday, July 13, 2021

jin liqun at g20 finance summit venice

 participants handbook

Press Conference by the G20 High Level Independent Panel (HLIP) Presentation of the report on financing the global commons for pandemic preparedness and response. Introductory remarks from: • Daniele Franco, Minister of Economy and Finance, Italy With the presence of the Co-chairs of the G20 HLIP: • Ngozi Okonjo-Iweala, Director General of the World Trade Organization and former Foreign and Finance Minister, Nigeria; • Tharman Shanmugaratnam, Former Deputy Prime Minister and Minister for Finance, Singapore; • Lawrence Summers, Former United States Treasury Secretary. 


Saturday 10 July 2021 9.45am – 5.15pm G20 Finance Ministers and Central Bank Governors Meeting Closed-door meeting 5.30pm Giudecca Room – 

 G20 Presidency Press Conference With: • Daniele Franco, Minister of Economy and Finance, Italy; • Ignazio Visco, Governor of the Bank of Italy. 


Sunday 11 July 2021 09.15am - 5.30pm Venice International Conference on Climate Event open to accredited journalists only. Accredited journalists can follow the event in the Media Centre or remotely. Credentials to access the event virtually will be sent one hour before the event starts to the same email address used for accreditation. 


g20 finance ministers Daniele Franco Minister of Economy and Finance Italy Martin Guzman Minister of Economy Argentina Simon Birmingham Finance Minister Australia Paulo Roberto Nunes Guedes Finance Minister Brazil Chrystia Freeland Minister of Finance and Deputy Prime Minister Canada Kun Liu Minister of Finance China Bruno Le Maire Minister for the Economy and Finance France Olaf Scholz Federal Minister of Finance Germany Nirmala Sitharaman Finance Minister India Sri Mulyani Indrawati Finance Minister Indonesia Tarō Asō Finance Minister Japan Arturo Herrera Gutiérrez Finance Minister Mexico Anton Siluanov Finance Minister Russia Mohammed Al-Jadaan Finance Minister Saudi Arabia Tito Mboweni Finance Minister South Africa Nam-Ki Hong Minister of Economy and Finance Republic of Korea Lütfi Elvan Minister of Treasury and Finance Turkey Rishi Sunak Chancellor of the Exchequer UK Janet Yellen Secretary of the Treasury United States Paolo Gentiloni Commissioner for Economy European Union Andrej Šircelj Finance Minister Council of the EU (Slovenia’s Presidency) 


 G20 central bank governors Ignazio Visco Governor Italy Miguel A. Pesce Governor Argentina Philip Lowe Governor Australia Roberto de Oliveira Campos Neto Governor Brazil Tiff Macklem Governor Canada Gang YI Governor China Francois Villeroy De Galhau Governor France Jens Weidmann Governor Germany Shaktikanta Das Governor India Perry Warjiyo Governor Indonesia Haruhiko Kuroda Governor Japan Alejandro Diaz De Leon Governor Mexico Elvira Nabiullina Governor Russia Fahad Almubarak Governor Saudi Arabia Lesetja Kganyago Governor South Africa Juyeol Lee Governor Republic of Korea Sahap Kavcioglu Governor Turkey Andrew Bailey Governor United Kingdom Jerome H. Powell Chair United States Christine Lagarde President European Central Bank


 invited ministry of finance beyond g20  José Sele Yalaghuli AU Chair and Finance Minister African Union (AU) Amin Liew Abdullah ASEAN Chair and Minister of Finance and Economy Association of Southeast Asian Nations (ASEAN) Ukur Yatani Cabinet Secretary of the Ministry of Treasury and Planning Kenia Charles Adu Boahen President’s Representative in the Ministry of Finance Ghana Uzziel Ndagijimana NEPAD Chair and Minister of Finance and Economic Planning New Partnership for Africa's Development (NEPAD) Wopke Hoekstra Finance Minister Netherlands Lawrence Wong Finance Minister Singapore Nadia Calviño Third Vice President and Minister for Economy and Digitalization Spain Ueli Maurer Finance Minister Switzerland


 G20 INTERNATIONAL ORGANIZATIONS 

Asian Infrastructure Investment Bank (AIIB) Jin Liqun President and Chair of the Board of Directors

 Bank for International Settlements (BIS) Agustin Carstens General Manager 

European Bank for Reconstruction and Development (EBRD) Odile RenaudBasso President 

Financial Action Task Force (FATF) Marcus Pleyer President of Financial Action Task Force 

Financial Stability Board (FSB) Randal K. Quarles Chair 

Global Infrastructure Hub (GIH) Marie Lam-Frendo Chief Executive Officer 

The Group of 24 Marilou Uy Director 

12 G20 INTERNATIONAL ORGANIZATIONS PARTICIPANTS

 High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response Tharman Shanmugaratnam Co-Chair High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response Ngozi OkonjoIweala Co-Chair 

High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response Lawrence Summers Co-Chair 

International Monetary Fund IMF Kristalina Georgieva Managing Director 

International Monetary and Financial Committee (IMFC) (Chair - Sweden) Magdalena Andersson Finance Minister 

Organization for Economic Co-operation and Development (OECD) Mathias Cormann Secretary General 

United Nations Development Programme (UNDP) Achim Steiner Administrator 

World Bank Group WBG David Malpass President 

rough transcript from today's bloomberg live summit

https://www.bloomberg.com/news/videos/2021-07-13/asian-infrastructure-investment-bank-chair-on-asia-s-climate-priorities-video



#sustainablebizsummit

with president jin liqun aiib--- interviewer Haslinda Amin

Singapore   linkedin    …Joined February 2012 insta: @haslindatv
LinkedIn Top Voices 2020| BloombergTV Anchor| Chief International Correspondent for SE Asia| Host & Executive Producer of 'High Flyers'| 975 Following

links  sustainable business summit bloomberg live day 1 --6 hour tape

aiib and amundi

aiib and amundi cbi - climate bonds initiative

Yves Perrier, CEO of Amundi, added: “We are proud to launch this Framework with AIIB as we continue to make strides in the field of climate finance. Mobilizing key stakeholders in supporting the Paris Agreement in Asia is in line with Amundi’s commitment to ESG investing and reflects our extensive commitment to the region. This new Framework will further help the investment community address climate change through the mobilization of capital to emerging markets where it is much needed.”

Sean Kidney, CEO, Climate Bonds Initiative, commented: “Action on climate means action on investment and private sector involvement to create green capital markets. With this Framework, AIIB and Amundi are laying a new foundation for the development and growth of climate finance and transition investment in the region.”

This Framework builds upon AIIB’s climate finance milestones to date. In 2019 AIIB’s climate finance amounted to USD1.7 billion or 39 percent of total financing approved—an increase from USD2.5 billion or 35 percent of total financing approved over the previous three years combined (2016-2018). In 2019 the Bank launched the USD500 million AIIB Asia Climate Bond Portfolio to accelerate members’ climate action, catalyze  emerging market investment and address the underdeveloped climate-aligned bond market, providing a working model for the Framework. The portfolio will also function as the investment case for the Framework.

Amundi has been at the forefront of Climate Finance development, creating innovative solutions to bring new large-scale funding dedicated to financing the low-carbon economy across asset classes and geographies. As a responsible investor, Amundi seeks to fulfil its role by supporting investor mobilization and market development through flagship initiatives (such as the Portfolio Decarbonization Coalition) and partnerships with multilateral finance institutions. As of June 2020, climate finance solutions represented EUR19 billion in assets under management.

For more information about the AIIB-Amundi Climate Change Investment Framework visit: https://www.aiib.org/en/policies-strategies/framework-agreements/climate-change-investment-framework/index.html

 For climate change.  President jin of the Asian infrastructure Investment Bank, it's committed to being a green Bank. President always good to have you with us.

Thank you very much. I'm very happy to see you and answer your questions. First up, president Jin, you attended the just concluded, G20 meeting. Climate was among the top of its agenda for the first time, G20 members, recognize carbon pricing as a climate tool. Is it a game changer, you think? R.

 we are being hit by the very ferocious storm starting from last night. So we are really in the midst of the impact of the climate change and all the last three nights. I was involved in the G20 meetings focused on the climate change, mitigation adaptation and the transition to low carbon.

Economy as you know there's some discussions with regard to the carbon Taxation and pricing. I also made some comments on this because you see this is very much important and to mitigate the climate change by reducing the emissions. And moving quickly to Net, Zero is very much important and in this regard and carbon Taxation and carbon prIcing are considered one of the

Measures to deal with that. So I think this is a very important initiative, of course, it will take some time for Sovereign governments to reach consensus, so that they will be very good carbon market and Taxation. And also I think this would be very important to incentivize the private sector

 we in aiib families are watching this very closely. And if this this International agreement of this, I do believe International financial institutions should follow

Looks good on paper.

 Jin  how much Global coordination is there?  so far as the MDBs are concerned, I think we have worked very closely together as a team we in aiib have worked with the World Bank ,ADB particularly and working with other institutions to Enhance investment in climate change mitigation adaptation. L in 2020, there is about sixty six billion dollars provided by the mdbs along with the co-financing from the private sector of 85 billion dollars. A total about over a hundred fifty billion dollars of the resources are allocated for climate change mitigation and adaptation. So this is quire a big amount but I think is not enough so far as adaptation is needed Asia. As you know, stands at the Gap of 70 billion dollars a year. So  lots remains to be done. So there's cooperation among MDB's and cooperation between mdbs and the private sector.

Its not just about mitigation is also about adaptation. The pandemic has provided an opportunity to look at things differently. Resources have been reallocated from energy, intensive sectors to Greener sectors like health care. How can we build on that Asian countries are faced with a dual challenge of recovery from the pandemic and also to sustain economy in the countries which are highly indebted. In our view, it is very much important for many countries to deal with the both, in my view, climate change, mitigation adaptation and growth are not mutually exclusive indeed, they are mutually enhancing based on very good policies.

At this moment, it is very much important to ramp up efforts to contain the pandemic which is still raging with the new variants but with the vaccines rolling out, I think probably before the end of this year or early next year we can basically bring the pandemic under control and the next issue is how to sustain economy recover from the pandemic. So I think in Emerging from the pandemic, The Human Society should be well advised to pay more attention  to improve the ecosystem for the economic development and Environmental Protection.  How should we look at developing green and sectors? Like renewables.

That is key because of the insatiable appetite for energy. And looking at human capital to support such cleaner sectors. Of course. It's very important for us to improve the quality of the human resources at this moment. Our focus is on the Health Care System. Health Care system is considered one of the productive, sectors and only  healthy Nation can be productive. So I think it's appropriate to allocate certain amount of resources for Health Care system, which a really a big challenge for number of countries in Asia wITH Healthcare deficit. But education is also important. We at this moment do not allocate resources for education but I think our resource allocation for healthcare can help the government to allocate their own resources for education and education should be catered for with new development, the high-tech and in digital era. As you know the Industrial Revolution warmed up the planet and now the Technological Revolution must reverse the trend. And, we need to cool with the planet down to pre-industrial level, but all this involves, I think high-tech and basically education.

Aiib has said that 50% of its financing will be directed towards climate change by 2025, where are you on this and talk to us about some of the innovative solutions that you're looking at? How can technology and digital infrastructure be the answer to the 21st century green development. At this moment, we have already 45% of the financing for climate change. And by 2025,

50% of the approved  for climate change mitigation and adaptation. There are various ways to achieve that objective. First of all, it's very much important for us to mobilize private sector resources because as you know our resources are very limited and when we do infrastructure projects we make it we want to make sure that Infrastructure projects be done in an environmentally benign way. It will not increase emission on the contrary it should reduce emission and we also have some very Innovative approaches. As you know, we have investing climate resilience Partners a private Equity Fund, to mobilize the private resources to bring Climate technology.

Member countries. This is the way we work with the private sector and also, we have launched two portfolios under the sustainable Capital marketing initiative. One is the well receive ESG  portfolio with amundi as our asset manager and the other is Asia, climate Bond portfolio with amundi as the asset manager and actually ataiib the climate changing.

framework. I announced our bank, would not do any coal based  plants. And we will not do any projects which are related to coal. I made that very much clear in the meeting. As, you know, this is aiib among the CBI climate change,  Investment framework is very much important. It is to translate the key Objectives of Paris agreement iIn two fundamental metrics to assess the issues level of alignment with climate change, mitigation adaptation and transition to Net Zero. And all these efforts are very, very important for the climate change, mitigation. And that also indicates that aiibis the very creative and Innovative in doing everything possible to leverage our resources for that purpose. You talked about the need To collaborate with a private sector to mobilize private Capital. This has been the case for a very long time. Can you give us perhaps even anecdotal evidence as to how much progress has been made? I mean to get their investment more in line with the Paris agreement. You see, the progress is very obvious as I indicated in our efforts, we find very enthusiastic partners.

The private sector to work with us. I can see a heightened awareness of the importance of the investment in this on the part of the climate investors. We also know strong sense of social responsibility demonstrated by the private sector companies is very important for their reputation for the ability to raise capital in the market. And nowadays.

If the private sector, is only focused on making money to the neglect of the climate change impact. I don't think they will be welcomed. And so you see, I would say, broadly speaking, the heightened awareness of promoting climate change mitigation and adaptation it's really the consciousness of the private sector. So we have no difficulty working with them and Also, as you see,

It is very important for all of the asoan members of our bank, to create enabling environment for the private sector to enhance the investment. That's why I said propitious that the G7 says it will end overseas funding for coal.

 Is that all enough to force, a shift to clean energy and or is there a chance that some of  Asia May pivot or look towards the likes of Korea for those fundings? You see the Asian country are faced with the challenge? Because it's the populous region and Full poverty reduction programs imply, increased demand for energy because as more people are lifted out of poverty, they need a more decent life and they need more energy. So it's really a very big Challenge and while the mdbs Are allocating resoure For that purpose is still not a very much  and insufficient so we need to do a lot of things. Promoting Renewables is important and in our view to improve Energy Efficiency is also very important. You know, you simply cannot produce energy without looking atthe efficiency side, and in this regard, Mass transition systems in Asian Metropolis is Very  important and I would say they are lots of things these countries need to do with the support of the model of our Banks and and other institutions. So the challenges is there, the consensus is that right? I'm just wondering if there's one step that needs to be taken one. Would that be? Because the likes of the US China. India, they're set to burn more coal this year than ever. There's been an unrelenting called demand pushing prices. Prices to record levels.

The big economies. I think certainly have a big responsibility as I said during the G20 meeting. And when I was asked about the Chinese government's program and I would say China is a big country with a large population, starting from a very low development point and this ambitious objective of achieving carbon peeking by 2030 and carbon neutrality by 2060

This is ambitious but given the track record of China, you can believe if the government is committed to do something, they would do it. What India is going to do. It is I think important in terms of the demonstration effect when countries like China and India with lots of challenges facing them can still.

Try to achieve the objective. That should be a huge incentive to other countries to do the same.

President Jin, Always great to have you with us. Thank you so much for your insights today.
====================================
full agenda

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8:00 AM - SBS Global Open 

8:05 AM - Getting to Net Zero: Oil & Gas 

  • Bernard Looney, CEO, BP
  • Moderator: Alix Steel, Anchor, Bloomberg TV

8:30 AM - Getting to Net Zero: Setting & Achieving Corporate Commitments

  • Xavier Denoly, SVP, Sustainable Development, Schneider Electric
  • Jim Whitehurst, Senior Advisor, IBM
  • Moderator: Kyle Harrison, Head of Sustainability Research, BloombergNEF

8:55 AM - Getting to Net Zero: The Role of Policy

  • Gina McCarthy, National Climate Advisor, The White House
  • Moderator: Jennifer A. Dlouhy, Energy & Environment Reporter, Bloomberg News

9:25 AM - Natixis Investment Managers Advisory Board Spotlight: ESG Investing – What’s Working and What’s Not

  • Ed Farrington, EVP, Institutional and Retirement, Natixis Investment Managers
  • Harald Walkate, Head of ESG, Natixis Investment Managers
  • Moderator: Lauren Kiel, General Manager, Bloomberg Green

9:35 AM - Getting to Net Zero: Mobilizing Capital

  • Matt Christensen, Managing Director, Global Head Sustainable & Impact Investing, Allianz Global Investors
  • Hervé P. Duteil, Chief Sustainability Officer, Americas, BNP Paribas
  • Moderator: Francine Lacqua, Editor-At-Large & Anchor, Bloomberg TV
10:00 AM
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10:05 AM - Getting to Net Zero: EV’s

  • Makoto Uchida, Director, Representative Executive Officer, President & CEO, Nissan Motor Co., Ltd.
  • Moderator: Haslinda Amin, Anchor, Bloomberg TV

10:20 AM - Schlumberger Advisory Board Spotlight: Committing to Climate Action - in oil and gas and beyond

  • Lees Rodionov, Director, Sustainability, Schlumberger 
  • Moderator: Lauren Kiel, General Manager, Bloomberg Green

10:30 AM - Getting to Net Zero: Aviation Decarbonization

  • Jimmy Samartzis, CEO & Board Director, LanzaJet
  • Brian DiMarino, Head of Operational Sustainability, JPMorgan Chase
  • Kelley Kizzier, Vice President for Global Climate, EDF
  • Moderator: Leslie Kaufman, Reporter, Bloomberg Green

11:00 AM - Increasing Supply Chain Emissions Transparency 

  • Jules Kortenhorst, CEO, Rocky Mountain Institute
  • Rebecca Marmot, Chief Sustainability Officer, Unilever
  • Dickon J. Pinner, Senior Partner, Global Leader Sustainability Practice, McKinsey
  • Moderator: Claire O’Neill, Managing Director, Climate & Energy, WBCSD 

11:30 AM - The Race to Zero

Immediately following the Formula E ABB New York City E-Prixe, we'll talk to top executives involved about how they are advancing the transition to electric vehicles, one race at a time. 

  • Dilbagh Gill, CEO & Team Principal, Mahindra Racing
  • Julia Pallé, Sustainability Director, Formula E
  • Theodor Swedjemark, Chief Communications & Sustainability Officer, ABB
  • Moderator: Jason Kelly, Chief Correspondent, Bloomberg QuickTake
12:00 PM
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12:00 PM - Building a Just Transition

  • Brandon Dennison, Founder & CEO, Coalfield Development
  • Suzanne DiBianca, Chief Impact Officer & EVP, Corporate Relations, Salesforce
  • Peggy Shepard, Co-Founder & Executive Editor, WE ACT for Environmental Justice
  • Moderator: Jillian Goodman, Editor, Bloomberg Green

12:30 PM - RBC Advisory Board Spotlight: Putting Purpose into Practice

  • Melanie Adams, VP & Head, Corporate Governance and Responsible Investment, RBC Global Asset Management
  • Lindsay Patrick, Managing Director and Head of Strategic Initiatives & ESG, RBC Capital Markets
  • Moderator: Lee Ballin, Head of Business Development, Sustainability, BloombergNEF

12:40 PM - The Next Wave of Sustainable Finance

  • Audrey Choi, CEO, Institute for Sustainable Investing & Chief Sustainability Officer, Morgan Stanley
  • Valerie Smith, Chief Sustainability Officer, Managing Director, Citi
  • Moderator: Katie Greifeld, Reporter, Bloomberg News and Anchor, Bloomberg QuickTake

1:05 PM - Committing to Progress: Sustainability Linked Loans

  • Ezgi Barcenas, Chief Sustainability Officer, AB InBev 
  • Fernando Tennenbaum, Chief Financial Officer, AB InBev
  • Moderator: Carol Massar, Anchor, Bloomberg Businessweek TV and Radio

1:30 PM - Asia’s Climate Priorities 

  • Jin Liqun, President and Chair, Asian Infrastructure Investment Bank
  • Moderator: Haslinda Amin, Anchor, Bloomberg TV

1:50 PM - Day One Mainstage Programming Concludes

2:10 PM
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2:10 PM - Editors Overtime

This exclusive session is available to premium event ticket holders. 

Bloomberg Intelligence's Shaheen Contractor and Eric Kane introduce us to the newest suite of ESG Scores. We'll cover the new offerings available in the Environmental, Social, Governance and BI Carbon categories, and take your questions live.

  • Shaheen Contractor, Research Analyst — Environmental, Social and Governance, Bloomberg Intelligence
  • Eric Kane, Head of ESG Research, Americas, Bloomberg Intelligence
  • Moderator: Meg Szabo, Senior Programming Director, Bloomberg Live

2:40 PM - Day One Programming Concludes

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