March 18 19, 2019 Sponsors and Organizers Summit Objectives - - PowerPoint PPT Presentation

March 18–19, 2019

Sponsors and Organizers

Summit Objectives

• Facilitate information exchange
• Build connections and community
• Explore specific challenges
• Launch ongoing collaboration
• Accelerate GB development globally

Agenda: Day 1 (Monday 18)

9:00 Introductions & Framing 11:45 Photo Lunch 13:00 Green bank Fundamentals –breakout rooms Reflections –plenary 17:15 Depart for boat Dinner Cruise 21:15 or 22:15 Return to Hotel

8:45 Day 2 Welcome –plenary Content Workshops –breakout Clinics, Peer Coaching and Roundtable Discussion –breakout 13:30 Lunch 14:30 Summit insights & Ongoing collaboration – plenary Champagne toast 17:30 Return to Hotel

Agenda: Day 2 (Tuesday 19)

Nametags

Angela WHITNEY

Rocky Mountain Institute

ORGANIZER

PERSONALIZED SCHEDULE FOR ANGELA WHITNEY Please see your workbook for a full schedule and venue map DAY ONE: MONDAY, MARCH 18 9:00 – 10:30 Session 1: A Vision for Country-Driven Climate Finance Plenary Group: Gibbon, Table 1 10:45 – 11:45 Session 2: Green Banks in Theory and Practice, Plenary 13:00 – 16:30 Session 3: Fundamentals Topics Fundamentals 1, Gibbon Room Fundamentals 2, Gibbon Room 16:30 – 17:00 Day One Wrap Up, Plenary DAY TWO: TUESDAY, MARCH 19 8:45 – 9:00 Day Two Kickoff, Plenary 9:00 – 11:00 Session 4: Workshops Workshop A, Plenary Room 11:30 – 13:30 Session 5: Green Bank Clinic and Individualized Action Plans 11:30, Piranha Room 12:30, Angel Fish Room 14:30 – 15:30 Session 6: Collaborative Mapping, Plenary 15:45 – 16:30 Session 7: Ongoing Collaboration, Plenary

Group Table number Room Day 2 Room

Workbook

Resource to use at the Summit and beyond

Media

#GreenBankSummit19

Ground Rules

• Be present
• Keep confidences
• Support a learning environment
• Help us keep time

Check-in

Share with your table:

• Name, role, and organization
• One thing you hope to take

away from the Summit

Check-In

Organize yourselves by where you primarily work from

Check-In

Organize yourselves by how many languages you speak

Check-In

Organize yourselves by when you heard about green banks for the first time

Check-In

Organize yourselves by how long you have been working on issues relating to climate change

Financial systems must evolve to accelerate national climate investment

• More money than ever is flowing to low-carbon investments in

emerging markets BUT

• The system for mobilizing and allocating green finance into developing

countries is complicated, inefficient, and poor at leveraging private capital.

• The Paris Agreement is a milestone that shifts focus to national
• implementation. This is an opportunity for stronger national
• wnership. National institutions for climate finance must evolve

accordingly.

The public climate finance system today (!)

Source: ODI and Heinreich Boell Stiftung

Emerging markets need tailored financial institutions

• Most capital allocation (especially private) does not happen at the global level.
• The challenges of scaling up finance are country-specific.
• Local institutions are better at assessing and pricing local risk – and more

effective at pushing local regulators to improve enabling environments.

• Foreign investment, while essential, is harder to secure and comes with

complex challenges such as currency convertibility.

• In the long-term, a sustainable green finance system requires mobilizing local

savings.

Green banks offer a replicable model focused on national ownership of climate finance

• Green banks and other catalytic green finance facilities can mobilize the

investment needed for help countries to achieve Nationally Determined Contributions under the Paris Agreement, related Sustainable Development Goals, and other national commitments.

• Green banks are an institutional solution that accelerates and complements

existing efforts to accelerate climate-aligned investment.

• Green banks allow countries to increase national ownership over climate

finance processes and outcomes while also increasing the efficiency of the system as a whole

Green banks drive investment to spur new markets by acting as…

• 1. Capital mobilizer: blend domestically issued green bonds with international

concessional capital

• 2. Capital provider: long-term anchor investor deploying a variety of instruments to

crowd in private capital

• 3. Lead arranger: build pipeline and structure deals
• 4. Financial innovator: pioneer first-of kind deal structures that can be replicated by

private sector

• 5. Capacity-builder: build in-country financial capacity including in local banks
• 6. Supporter of enabling environments: work with policymakers to implement

regulatory reforms that enable successful green investment

Reflection Question How could a green bank help you achieve your climate and development goals? – OR – What is the most significant barrier a green bank could help your country overcome?

Country Reflections

• 1. Mrs. Bulgan Tumendemberel (Mongolia)
• 2. Mr. Cristóbal Peña Liberona (Chile)
• 3. Mr. Hubert Ruzibiza (Rwanda)
• 4. Mr. Manish Chourasia (India)

Session 2

Green banks are a powerful tool for scaling up climate finance in emerging markets

Green banks will help countries achieve their climate goals by increasing national ownership, scaling up private investment, and creating a more efficient climate finance system.

Green banks can foster strong national financial capacity to mobilize investment

Source: Coalition of Green Capital (CGC), Rocky Mountain Institute (RMI), Natural Resources Defense Council (NRDC)

A simplified and efficient global climate finance system can be centered around national green banks

Growing interest in green banks as a strategy to scale up climate investment in emerging markets

Most green bank activities are happening in isolation. A systematic approach could help take this opportunity to scale

Existing Green Banks have delivered strong results

Green banks lower CO2 emissions and act as innovators to mitigate risks in local markets through financial solutions that can be replicated by other market actors.

Green Bank Network (GBN) Impact www.greenbanknetwork.org through July 2018

Source: Green Bank Network

Reflection

In your workbook:

• What is one insight you are taking from the

experience of other countries and markets?

• What is one question you have for these

practitioners that you might answer over the next two days?

Day 1 Close

Day 1: Reflection

What is one thing that surprised you about what you learned today? What is one question you hope to have answered tomorrow?

Day 2 Opening

Check-In

Discuss with your neighbor:

• What is becoming clearer to

you after a night of rest?

Day 2 Agenda

9:00 Workshops A – Plenary then breakout rooms Piranha, Orca, Angel Fish B – Breakout rooms Dolphin, Tiger Shark 11:30 Clinic – Piranha, Peer Consulting – Angel Fish Roundtable Discussion – Plenary 13:30 Lunch 14:30 Summit insights & Ongoing collaboration – plenary 16:45 Celebratory Toast 17:30 Return to Hotel

Session 5

ID the Conversations

• This is an opportunity to have the

conversations needed to advance key challenges the GB ecosystem faces

• Given the people in this room, what

conversation do you propose?

Select the Conversations Vote with your feet!

• Join the conversation of your choice
• What conversation do you have interest, expertise,
• r energy for?

Need at least 4 people per group

• License to recruit/sway
• If groups are too large, we may need to divide or

divest

Table Host Responsibilities ID someone to be the "table host." This person will:

• Deliver a verbal report to plenary in next session (or

find a volunteer to do so)

• Keep time
• Keep the conversation on track and oriented to the

desired outcomes

There are experts and facilitators at your table to assist

Report Format

• 1. Title
• 2. What did your table discuss?
• Why is this a critical topic?
• How does this relate to the focus of the Summit?
• 3. What should people in the room hear?
• Insights
• Questions
• Next steps

Session 6

Country-Based Insights

Gallery #1: Insights across countries Gallery #2: Comparative insights Gallery #3: Non-country responses

Reflection

In groups of three discuss:

• What do these results tell

me as a country or as a practitioner?

Reflection

For countries:

• Which table topic is most

critical to advancing your green bank development efforts?

Discussion

At tables, discuss the following: Based on what you have heard over the last two days, including the insights from this session, what are key needs and opportunities for action to accelerate green bank establishment?

Action by:

• Countries
• Summit organizers
• TA providers
• DFIs and other donor institutions
• Private investors
• Others

Session 7

Country Support: Key themes

• Knowledge sharing and best practice
• External expert support on GB design and structuring
• Options for financial instruments
• Methods for risk management and impact management
• Support in education and stakeholder support
• Training of staff
• Capitalization

Potential Functions of a GBD Platform

Country-driven strategies to accelerate green banking

Countries interested in green bank formation Outreach via the green bank community members and the annual Green Bank Design Summit

• Community
• f

Practice

• Green

bank Incubator

• Global

Knowledge Hub Green Bank Network

• Professional guild
• Source of expertise
• Gateway criteria

for new members

Global Green Bank Design Platform

A mechanism to systematically create green banks

Global Green Bank Design Platform

Steps to Platform creation

Timeline and Stakeholders

48

Timeline Green Bank Design Summit: confirm country needs, engage support partners, announce formation

• f

an Organizing Committee for the Platform

• Announce

the launch

• f

Global Green Bank Design Platform with country pilots Launch Mar. Committee Members Planning Phase: Starting in April, the Committee will assess Summit

• utcomes,

and articulate the Platform concept, structures, and funding structures.

• Developing

country representatives

• Summit
• rganizers
• Philanthropies
• Donor

governments

• Multilaterals

Apr.

INTER-AMERICAN DEVELOPMENT BANK

DEVELOPMENT BANKS OF THE FUTURE

What to do NOW?

Direct Financing: Was easier, But available money is not enough. No choice but to

• ptimize

NDBs FINANCIAL ENGINEERING

Regulations and Legal Frameworks (APP’s) Guarantees Transfers (& Contingent) Development of ESG and MRV Credit Enhancements Blended Financing Off Balance Operations Development of Smooth Project Pipeline

Supporting National Development Banks all along the issuance process: Greeen / Sustainable Bonds / Structure / Guarantees

• Existing portfolio

and potential pipeline identification

• Application of

existing taxonomy and standards

• M&E design
• Institutional

capacity building across departments

• Development of

methodologies for specific sectors

• Sustainable

framework preparation

• Feasibility study for

credit enhancement (IDB Group or external)

• Feasibility study for

anchor investment (IDB Group or external)

• Technical support

to Treasury and Financial departments

• Design of the final
• ffer
• Support to

communication plan & roadshow

• Knowledge sharing

1

Portfolio identification

2

Bond structuring

3

Second Party Opinion

4

Roadshow

5

Issuance

• SPO
• CBI certification

when relevant

THANK YOU!

Next steps from organizers

• List of commitments and next steps made

during this Summit

• List of existing TA resources by institution
• Overall Summit insights
• List of names and contact info for participants

to stay in touch?