Paris For Tomorrow Week

The objective of this conference is to bring academics, finance practitioners and regulators to discuss together the recent research advances in the field of modelling climate-related financial risks, provide a better understanding of the role of central banks in addressing these risks, and formulate the relevant research agenda for the years to come.

Le café économique de Bercy - « Vers un système financier plus vert ? Quels enjeux pour les professionnels et les citoyens ? »

What does a global 1.5 degree target mean for investors ? What are the associated risks and opportunities? What tools are
available to manage and report climate risk and impact?

On November 26 we will discuss how the sustainability disclosure standards developed by the Sustainability Accounting Standards Board (SASB), recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) as well as tools and climate-titled strategies can help investors to address climate change. Investors, SASB and ISS ESG will share insights, thoughts and latest research results on this topic. The presentation will include a panel discussion and will be followed by a get-together afterwards.

Beyond Ratings - FTSE Russell European 'Understanding green revenues and climate risk exposure' breakfast event in Paris. During this targeted event our research and sustainable investment specialists will provide their insights on the following key areas:
- Climate risk: A new dimension within Government Bond portfolios
- EU Taxonomy Report: What does your green revenues dataset look like?
- Case study: How businesses are integrating sustainable investment and green revenues

Given the scale of today's environmental challenges, the mobilisation of private finance for sustainable land use and so-called ‘Nature Based Solutions’ will be essential to preserve biodiversity and climate. Biodiversity is critical to the sustainability of life on Earth, helping to stabilise the climate, and secure the well-being of human societies. Healthy ecosystems provide shelter, food and medicine, while forests and oceans act as huge carbon sinks. Unfortunately, natural habitats and unique landscapes are being destroyed at an alarming rate, and the cost of inaction is rising. Nature suffers from over-exploitation and underinvestment.

As a result, there is an urgent need to mobilise finance at scale to invest in Nature Based Solutions to the ongoing climate and biodiversity crises.
On the international stage, global responses such as the "New Deal for Nature", including all stakeholders, need to be supported. The private sector has a key role to play, alongside scientists, civil society and governments. The meetings of IPBES in 2019 and IUCN in 2020 in France are intended to accelerate the momentum from the private sector, towards the COP15 of the Convention on Biological Diversity in China in 2020.

Financial actors are already exposed to the impacts of climate change on the real economy as illustrated by PG&E’s bankruptcy in early 2019. While financial institutions need to prepare for physical climate risks now, they face a lack of science-based information relevant for their decisions.

*What are the needs of financial institutions to integrate physical climate risks in their decisions? What solutions are already emerging to fill these needs?*

To answer these questions, the European ClimINVEST consortium will share the results of a 2-year collaboration between financial institutions and climate change specialists. The research institutions and partners in the financial sector will explain how they clarified their needs and present their solutions to help integrate physical climate risk in investors’ decisions.

This event is an opportunity for financial practitioners to learn science-based and pragmatic recommendations about what physical climate risk assessment should look like, what kind of scientific information can be used and why, but also pave the way forward.

Brune POIRSON, Minister of State attached to the Minister for the Ecological and Inclusive Transition, is delighted to invite you to the ceremony for the second edition of the International Climate Reporting Awards in presence of Olivier GUERSENT, Director General of DG FISMA, and Arnaud LEROY, ADEME CEO and Thomas LESUEUR, Commissioner-General for sustainable Development. In addition to announcing the winners, a series of high-level conversations and panels will provide an overview of some of the key reporting drivers, best practices and challenges which international financial institutions are currently working on.

The Awards build on the French Article 173, European Action Plan and TCFD guidelines aims to stimulate innovation and recognize the best climate reporting practices of international financial institutions. The 2019 awards are awarded by an independent jury and will highlight collective efforts and knowledge across different institutions and regions.
This initiative is jointly organized by ADEME (French Environment & Energy Management Agency) and the French Ministry for the Ecological and Inclusive Transition (CGDD), with the support of 2° Investing Initiative, EUROSIF and the European Commission’s DG-FISMA

Placed under the High Patronage of Mr Emmanuel Macron, President of the French Republic and under the Patronage of the French Minister for the Economy and Finance, the 5th edition of the Climate Finance Day will be dedicated to the theme “Financing a Just Transition”.

It will take stock on the main achievements to date and showcase the most recent initiatives and innovations of the financial sector to accelerate the adoption of forward-looking strategies for a fast-changing world and a more inclusive economy, both for developing and developed countries.