We are delighted to share more detail on the themes that will be covered by our expert speakers, joining us virtually for Ethical Finance ASEAN 2024 on Wednesday 8th May 2024.

This year’s virtual Summit, delivered in partnership with the Asian Institute of Chartered Bankers and UNEP FI, will evaluate the current position and urgent need for scaling up sustainable finance in the ASEAN region. Click here for further information and to register and read on to find out more about the topical themes we will be covering on the day.  

SCALING UP SUSTAINABLE FINANCE IN ASEAN

The opening keynote, entitled Scaling Sustainable Finance in ASEAN, will be delivered by Mohammed Rashdan Mohd Yusof (Chairman, Energy Commission Malaysia). Tuan Rashdan will provide an overview of the current state of sustainable finance in the ASEAN region, highlighting some of the challenges and opportunities in scaling up sustainable finance in the region and outlining the role of financial institutions and regulators can play in promoting sustainable finance.

Aries Poon (Director, Head of Asia-Pacific Insights and Analysis, S&P Global Market Intelligence) will further set the scene by presenting an Economic Outlook for the ASEAN region.

FINANCING THE ENERGY TRANSITION

Christopher de Vere Walker (Head of Power, and Utilities at Carbon Tracker Initiative) will share some data and analysis on the extent to which the power sectors in Indonesia and Vietnam align with the goals of the Paris Agreement, highlighting the risks and opportunities associated with the transition.

The Financing the Energy Transition panel will then consider the progress made to unlock investment and mobilise the funding required to successfully transition to cleaner and more sustainable energy sources. The panel will be moderated by Dame Susan Rice (Chair, GEFI) and feature Amanah Aboobucker, CB (Chief Sustainability Officer, AmBank Group), Muhammad Rizal Azmi (Assistant Vice President, Business Development and Sales, Carbon Market, Bursa Malaysia Berhad), Martijn Hoogerwerf (Head of Sustainable Finance APAC, ING), and Helga Birgden (Global Head of Responsible Investment, Partner, Mercer).

A SPOTLIGHT ON COP

UN Climate Change High-Level Champion, H.E. Razan Al Mubarak, will provide a summary of finance-related outcomes from COP28 and outline what financial institutions in ASEAN can do to support the transition. This will be followed by a Fireside Chat between Sagarika Chatterjee (Department Director, Climate Finance, UN Climate Champions), Azreen Idayu Zainal (General Manager, Sustainability, Securities Commission Malaysia) and John Murton (Senior Advisor, Standard Chartered) who will look at the key COP28 outcomes for ASEAN  from a climate finance perspective and expectations for COP29 in Baku.

An update on UNEP FI’s initiatives will then be delivered by Membership and Regional Co-ordination Manager, Maria Eugenia Sosa Taborda.

SUPPORTING SMEs ON THEIR JOURNEY TO NET ZERO

The Fireside looking at Greening Finance and Developing SME Resilience will be moderated by Carl Chan (Director, Accuracy) and include perspectives from Nurul Syaheedah Jes Izman (COO, Pantas Climate Solutions), Moreen Joseph (Chief Sustainability Officer, UOBM, JC3), and Datin Dorph Peng, Deputy President (SME Association of Malaysia). The speakers will discuss the extent to which SMEs are incorporating ESG principles in their business operations and highlight some practical actions are being taken by regulators, financial institutions and data providers to support SMEs on their journey’s to net zero

BEST PRACTICE APPROACHES TO FINANCING NATURE

To set the scene, Nicole Kozlowski (Head of Engagement, Planet Tracker) will introduce Planet Tracker’s Nature Scorecard and shine a light on the performance of ASEAN corporates

The Unlocking Finance for Nature-Based Solutions panel will then reflect on the risks that nature and biodiversity loss pose to ASEAN economies, before hearing about global / ASEAN best practice approaches to investing in nature and the latest developments in measurement and reporting.  The panel will be moderated by Laura Canas da Costa (APAC Policy Lead, UNEP FI) with insights shared by Satya Tripathi (President, Global Alliance for a Sustainable Planet),  Andy Turnbull (Senior Investment Manager, Natural Capital, Federated Hermes), Datuk Jeffri Abd Rasid (Chief Executive Officer, Malaysia Forest Fund), and Jurgita Balaisyte (Vice President, APAC ESG & Climate Research, MSCI).

OPPORTUNITIES IN ISLAMIC FINANCE

We will have two deep dive fireside chats on Islamic finance. The first, entitled Moving from Halal to Tayyib, will hear from Omar Shaikh (Managing Director, GEFI), Shereen Osman (Senior Manager – Islamic Finance, PwC Middle East) and Salman Siddiqui (Investment Manager – Global Emerging Market Equities, Jupiter Asset Management) on the fast emerging Islamic sustainable finance movement.

This will be followed by a second fireside, involving in Stella Cox CBE (Managing Director, DDCAP Group), Shrey Kohli (Head of Debt Capital Markets, London Stock Exchange Group), and Raja Amir Shah Raja Azwa (CEO, HSBC Amanah), who will discuss the role of Green Sukuk for Climate Action. This will include an update on the International Capital Market Association’s practitioner guidelines on green and sustainable sukuk as announced at COP28.

The Summit will conclude with a Closing Keynote from Dr Zamir Iqbal (Vice President, Finance, and Chief Financial Officer, Islamic Development Bank), looking at the role Islamic finance can play to help drive green economic growth in the ASEAN region.

This summit promises to be an insightful and thought-provoking event that will delve into the most pressing sustainability challenges facing the ASEAN region and the world at large.