25 Jan SMU, UNEP and SIIA jointly hosted ‘Singapore, Green Finance and the Collaborative Challenge’ event
The Singapore Management University (SMU), United Nations Environment (UNEP) and SIIA jointly hosted a public event on green finance in January 2017. SMU has published a summary of the event on their website. The event was also covered by Eco-Business and Climate Action. Our own roundup of the event’s highlights is also available. An excerpt of the SMU summary is below.
- Insights on the nexus between sustainable finance and collaborative action, with the broader objective of delivering Sustainable Development Goals
- Panel discussion brought together key senior stakeholders in the growing dialogue on sustainable global finance
- Public event drew in part from workshop on GreenInvest – an initiative supported by Germany in its G20 Presidency, to provide a voice for non-G20 developing countries in green finance debates
The Singapore Management University (SMU), United Nations Environment (UNEP) and the Singapore Institute of International Affairs (SIIA) co-sponsored a public event themed ‘Singapore, Green Finance and the Collaborative Challenge’ on 10 January at SMU. The event offered insights on the nexus between sustainable finance and collaborative action, with the broader objective of delivering the Sustainable Development Goals.
Over 200 participants from the government, business, and non-profit sectors heard an overview of developments and core findings in green finance in the second edition of UNEP’s global report ‘The Financial System We Need: Momentum to Transformation’ and G20 plans, presented by Professor Simon Zadek, DSM Senior Fellow in Partnership & Sustainability, School of Social Sciences (SoSS), SMU.
The ensuing panel discussion brought together key senior stakeholders in the growing dialogue on sustainable global finance: Piyush Gupta, CEO, DBS Bank; Mohammed Omran, Executive Chairman of the Egyptian Exchange, Chairman of the Federation Euro-Asian Stock Exchanges (FEAS), and Professor of Finance at the Arab Academy for Science and Technology; Nuru Mugambi, Director of Communications and Public Affairs, Kenya Bankers Association; and Prof Zadek. The panel discussion was moderated by Professor Ann Florini, Academic Director of the SMU Master of Tri-Sector Collaboration (MTSC) and Professor of Public Policy, SMU.
Professor James Tang, Dean, SoSS, SMU, opened the event and workshops with UNEP and German G20 Presidency representatives. The closing remarks at the public event were shared by Ms Chen Chen Lee, Director, Policy Programmes, SIIA.
The panel discussion explored whether, why and how to foster cross-sector collaboration in the public interest in support of sustainable finance.
Key issues addressed include:
- A discussion of the ways in which sustainable finance may be advanced through direct market leadership or unilateral national policy and regulatory action; whether a ‘green’ finance agenda, and/or a green focus provide a market edge; and for market actors to note at what stage and why collaboration between state and market might be required.
- Whether today’s national collaboration and international/regional co-operation to advance sustainable finance is working to overcome bureaucratic silos and foster effective action, and what more action is needed.
- What Singapore’s role in international cooperation around sustainable finance was, and how it could best advance nationally and regionally through public-private collaboration.
Full Article: SMU, UNEP and SIIA jointly hosted ‘Singapore, Green Finance and the Collaborative Challenge’ event [SMU, 25 Jan 2017]