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.

This meeting will take place as part of the "Paris for Tomorrow" Week, a series of events focused on the design of solutions to transform economic and social activity, under the patronage of the City of Paris.
Transforming mobility is essential to the success of the Paris Agreement, as well as to reaching the 17 SDGs . For that, a good coordination between all of us - state and non state actors - on a regional, national, international scale, is more than ever necessary to prepare 2020 and to avoid a dispersion of efforts.

We propose 4 specific objectives for this meeting:
1 / Share an assessment of the national "Mobility" approaches observed throughout the world, as well as a report on supra-national action (UN, EU, etc.) based notably on the Climate Chance annual report
2 / Analyze the lessons learned from the various existing roadmaps and notably the Global Roadmap of Action developed by the Sustainable Mobility for All (SuM4All) consortium, under the aegis of the World Bank, indicating to countries what to do by 2030 in the Mobility field to reach their SDGs. How can we best use them broadly to speed up coordinated action?
3 / take stock of the international Mobility Initiatives launched since 2015
4 / decide on a "Mobility" action program for 2020, bringing together state and non-state actors, from which governments, cities and businesses can get pragmatic inspiration for action.

The conclusions of this meeting will also be a major contribution
- for the next steps of the COP process, unfortunately hindered by the cancellation of the Santiago Summit
- to help craft the 2020 International Mobility Summit whose format will strive to re-energize the dialogue between state and non-state actors on the most pressing issues.

The concepts of impact investing or impact projects are a response to the social divisions in developed countries as well as the needs of populations in emerging countries, including the development of the inclusive economy. Companies' CSR strategies are changing in scope to go beyond simply identifying and managing negative impacts. It is then a question for French actors operating in Africa to acquire a proactive ambition, in search of positive impacts.

A challenge that calls for social and even technological innovation, but above all requires a clear and robust assessment of the impacts. While there is not a week without announcing impact projects, many questions remain unanswered: What are the challenges and priority projects to have a rapid and effective social impact? How do they relate to the SDGs? What are the most successful or promising methodologies?

L'Orse (French Study Center on CSR) is organizing its upcoming meeting in partnership with the consulting firm Carbone 4. The event will discuss the need for a common language on carbon neutrality.

This is now one of the hottest topics in the corporate world. However, this concept is still suffering from major conceptual blur and gray areas that tend to discredit new announcements. Plus, the connection with local or national carbon neutrality targets is not always in the picture.

It seems necessary to optimize tools and indicators used by companies to monitor their ‘neutrality’ in the sense of a contribution to the net zero emissions target of territories (whether local, national or global).

Methodologies are being tested to meet this need. This is the case for the methodology currently being created by the Net Zero Initiative (NZI), an initiative led by Carbone 4 together with companies (BPCE, EDF, Engie, Orange, RATP, etc.) and a high-level scientific committee.

Promoters of this new frame of reference will participate in this meeting to present the methodology and discuss it with the audience.

Program :
- Introduction by Alain Grandjean, founding partner of Carbone 4
- Presentation of the NZI methodology by César Dugast, co-founder of the Net Zero Initiative – Carbone 4
Round table - Businesses, territories: carbon neutrality as a common ground
- Yann Françoise, Head of climate, energy and circular economy strategies – City of Paris
- François Garreau, in charge of the CSR mission for the Executive committee – Generali
- Aurélia Menacer, Energy climate & eco-conception Manager – RATP
- Thibaut Brac de La Perrière, Head of Sustainability Issues – EDF Group
Moderator: Renaud Bettin, Carbon Neutrality division manager - Carbone 4

The financial sector, at the heart of climate negotiations since 2015, is transforming itself in the context of the ecological transition. The challenge is twofold: to support the economy towards a more inclusive low-carbon model and to face the risks induced by climate change.
Beyond the progressive evolution of their practices, the business lines evolve and others emerge, the actors get mobilized and initiatives multiply, because this transition can not be done without the recourse to new expertise.
In this context, it is essential that the numerous and recognized finance programs in France prepare students for the evolution of competitive and regulatory contexts related to climate integration in the sector's priorities.

Join us for an exchange on sustainable finance, to better understand the evolution of training and expertise in the sector, and the dynamics of the associated job market!

Let’s shake the city!

“What mobility modes for tomorrow?”
Some new multimodal ways of moving, personalized and shared, some futuristic vehicles, an improved customer experience, but also new ways of life, of work and of innovative consumption, some flagship projects concerning paris ring, the olympic games, the “grand paris express”…

So many mutations that will have an important impact on our transportation and supply habits, in and around the paris of tomorrow.

At stake, main transportation actors, from car manufacturers to organizing authorities, passing by soft mobility operators will have to innovate and create a new modernized governance, new ways of financing and new sustainable economic models.

All those themes and many others will be discussed on november 26th and 27th at the paris hotel de ville with the presence of many public and private, french and international actors of urban mobility.

Le café économique de Bercy - Towards a greener financial system: what are the challenges for professionals and citizens?

The Action Plan for the Growth and Transformation of Enterprises (known as the "PACTE Law") introduces advances in sustainable finance into legislation: the law will oblige all life insurance policies, the preferred investment of the French, to now offer subscribers to invest either in solidarity funds, energy transition funds or responsible investment funds.

In order to take a new step towards greening the financial system, the players in the Paris financial Center will promote, from 2020, the marketing of green and socially responsible financial products to the public, within the framework provided by the PACTE law. Indicators will be defined, within the framework of a new market observatory, to report on the achievements of financial actors in favour of the climate.

In addition, a majority of French people are increasingly sensitive to the need to take environmental issues into account in savings products*.

This "Cafe Economique" will be an opportunity to exchange views on these topics with ministerial experts and other stakeholders in the green finance ecosystem in the private sector.

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

“Climate Impact” is an event curated by AXA, in association with the UN Principles for Sustainable Insurance Initiative, on November 27th 2019 in Paris.

It will gather representatives from global companies, from government, and distinguished figures from the academic world and civil society.

Building on our pioneering action against climate change and protecting biodiversity, we would like to share our convictions and experience.

Our goal is to discuss the measures necessary to accelerate the transition to a low-carbon economy. To conclude this event, new tangible commitments will be announced.

The conference will begin at 9:30am and will be followed by a cocktail lunch.

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.

Finance for Tomorrow, Paris EUROPLACE’s initiative dedicated to green and sustainable finance, and the Research for Green Finance Development (Tsinghua University) held the second France-China Green Finance Joint Conference on November 28 in Paris, France.

With the support from the People’s Bank of China and Banque de France, this conference has vocation to strengthen the bilateral cooperation on green finance between France and China. Both countries are strongly committed to promoting the establishment of a green financial system, with a view to contributing to the implementation of Paris Agreement and the UN Sustainable Development Goals.

The Global Observatory on non-state climate action is presenting the second edition of its annual report on the concrete climate action of non-state actors by sector, territories and a special book on adaptation in partnership with Comité 21.

This event will gather experts to discuss about the findings of this report. Roundtables about adaptation, energy, building and construction, waste, industry and LULUCF will be organized with different stakeholders representing local governments, businesses, ngos and civil society organisations

During Paris for Tomorrow week, 2°ii and Beyond Ratings are organizing an event on November 28th, 2019 to discuss the financing of the energy transition and launch the new online platform NCTIP (National Climate Technology and Investment Pathways) which allows you to map country level sectoral technology pathways consistent with a 2°C scenario, as well as explicit investment options in climate relevant sectors.

The audience will be invited to participate in panel discussions on the following topics:

1. Transition strategies: How can we accelerate the energy transition through innovative investment strategies and products?
2. Transition monitoring: What are the indicators and tools available to track progress and ensure our actions are taking us toward greater alignment with the Paris Climate Goals?

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

A few years after the Paris Agreement, a growing number of asset owners have developped their engagement policies and practices to adress the climate crisis and associated risks. Besides individual bilateral engagement, the financial sector has seen the rise of significant investor coalitions, as well as methodological coalitions being formed within industries. Meanwhile, civil society and customers are increasingly challenging investors to demonstrate the impact of climate engagement pratices.

This roudtable aims to provide investors and corporates with a stocktake of methodologies for defining expectations and insights into pratical engagement experiences, as well as current feedback on ongoing collaborations. It aims to debate if and how currrent strategies and results can achieve a material contribution to the Paris climate targets.

In emerging countries, the risk/return trade-off often limits the opportunities for private capital to contribute for a fair transition for a more sustanaible economy. However, infrastructure projects and the private institutions that finance them have a crucial role to play in acheiving the Sustainable Development Goals and the success of the Paris Agreement. Consistent ESG risk management and the search for impact aligned with the SDGs must become essential in-put.

This side event will bring together experts, developpers and project managers, investors and financiers around two round tables in order to :
1) Identify a common understanding of good ESG and impact practices aligned with the SGDs for infrastucture investment
2) Illustrate the application of these principle by infrastructure practitioners
3) Stimulate debate.
Infrasctructure and impact : wich impact criteria for wich resilience?
ESG risk management : the basic principles of sustainable infrasctructure

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.

The achievement of the objectives of the Paris Agreement on Climate and the Sustainable Development Goals (SDGs) will require a massive shift of financial flows. Faced with the magnitude of the challenges, it is essential to mobilize our capacity to innovate, to imagine new solutions, and to scale up. In this perspective, how can technological innovation be used to finance the ecological and energy transition?

It will be the main discussion of this parallel session which will aim to showcase fintech solutions able to transform financial sector practices and reorient capital flows and connect them with the actors of the French innovation ecosystem to support their development. It will also be dedicated to the Awards ceremony of the 2nd edition of the “Challenge Fintech for Tomorrow”, launched by Finance for Tomorrow with the support of ADEME and EIT Climate-KIC.

Introduction

• Cédric O*, Minister of State for the Digital Sector, attached to the Minister of Economy and Finance and the Minister of Public Action and Account 
 
Award Ceremony

• Thanh-Tam LE, Managing Director, Climate-KIC SAS  
• Arnaud LEROY, CEO, ADEME  

Panel

Moderated by Philippe ZAOUATI, CEO, Mirova  
• Omri BAL*, CEO, Tech for Good  
• Cecilia REPINSKI, CEO, Stockholm Digital Finance
• Tanguy TOUFFUT, CEO, Descartes.Underwriting  
 
Conclusion

• A representative of the UN Taskforce on Digital Financing for the SDGs*