Water Summit 2019 in association with WWF, BCG, Reuters Breakingviews, AB InBev and Deutsche Börse
Posted on 20 September 2019
Finance and Business Resilience under Climate Change: Water risk and opportunity
The Water Summit 2019 is a unique event on the global financial and water calendars. Targeted at CEOs and CFOs of financial institutions as well as companies that depend on water as an input in their products, processes and supply chains, the summit looks at water from an investment perspective.
Building on the success of the 2018 Water Summit in London, which brought together 29 global Leading Speakers and 185 participants, including 85 C-Suite delegates, this year’s highly anticipated event is supported by AB InBev and the global Valuing Water Initiative and will be hosted by the Deutsche Borse in Frankfurt on November 18 and will focus on the business and investment risks and opportunities linked to water and climate change, under the theme:
There is a growing understanding that climate-related risks go beyond exposure to fossil fuels and that the financial impacts of the climate crisis will primarily come through water. But current approaches to climate related financial risks are not handling water well, and current approaches to water are not handling climate risks well.
This year’s summit will highlight the need for financial institutions to adopt a new approach to water – one that incorporates a stronger approach to risk management while also supporting enhanced opportunities to mobilize debt and equity to invest and profit from the need for more resilient societies and economies.
The 2019 Summit will also focus on the Task Force on Climate-related Financial Disclosures (TCFD) and how it needs more tools that can help with water-related scenarios and that can translate risks into financial impacts. Current ESG approaches do not take into account the contextual dimensions of water Therefore the summit will also look at new, more robust approaches to integrate adaptation to climate change and account for risk, response and opportunity.
With water stress increasing, the Water Summit 2019 will provide investors and corporate leaders with another perspective – showing how investing in climate and water smart opportunities can waterproof their businesses and assets, contribute to climate resilience, enhance the health of freshwater ecosystems, and boost progress towards achieving SDG6 (Water for All) – a target many of the world’s leading companies have signed up to.
Draft Agenda for Water Summit (November 18)
09.00 Welcoming remarks Dr Joachim Faber, Chair of the Board, Deutsche Börse
9.10 Opening Address – Climate crisis: Water is the biggest risk but also the greatest opportunity 9.30The Water Challenge – How water impacts your business and investments Shalini Unnikrishnan, Managing Director and Partner, BCG 9.45 Keynote Address – Shifting financial flows for freshwater: new approach to managing risk & seizing opportunities Prof. Dr. Joachim Nagel, Board Member, KFW bank 10.05High-level Panel – Waterproofing investments as the climate changes: risks and responses Sasja Beslik, MD, Head of Sustainable Finance Development in J. Safra Sarasin Andre Fourie, ABInbev, Global Water Director Moderated by Margaret Kuhlow, WWF Global Finance Practice Leader 10.40 Keynote address – Full disclosure: TCFD needs better tools to deal with water-related climate risks
11.00 Networking coffee
11.20Panel discussion: What does the EU Sustainable Finance Action plan mean for water related sectors Shelagh Whitley, Director ESG, UN PRI Moderated by Adrien Portafaix, Partner, BCG 12.00Keynote Address – Banking on private finance: transforming funding for climate adaptation CEO FMO Peter van Mierlo leveraging private finance to fill investment gap 12.15Panel discussion – Funding the gap: how private sector investments in climate adaptation make business sense Andrew Johnstone, CEO Climate Fund Managers Tom Butler, CEO, International Council on Mining & Minerals Moderated by Callie Stinson, World Economic Forum
13.00 Networking Lunch
14.00 How do Water Stewardship thinking and Climate Change guide our investments Maurizio Paternello, CEO, Nestlé Watersinterviewed by Reuters Breakingviews 14.20Panel discussion – Transforming how water is valued in business and investment policies and practices to build climate resilience Philippe Prufier, CEO, SKP Investors Moderated by Henk Ovink, Dutch International Water Envoy 15.00 Introduction to Watershed Moments 15.10 Watershed Moments
Small group tables highlighting investment opportunities, innovations, solutions Table 1 – Game-changing opportunity for private finance: Dutch Fund for Climate & Development (DFCD) Table 2 – WAVE: Water and Valuation module within the Water Risk Filter Table 3 – Valuing Water Initiative: Case Study – Zambezi Table 4 - The all new Alliance for Water Stewardship (AWS) Standards 2.0 Table 5 – EU financial regulations: taking water seriously? Table 6 – Starting at the Source: how to introduce water into your decision making Table 7 – Blended finance toolbox Table 8 – Climate is Water: How climate change will increase water risks
16.00 Circular dialogues & networking coffee
16.30 Closing Address – Investing in the Climate and Water World We Want Pavan Sukhdev, WWF International President 16.45Chair’s closing remarks 17.00 AB InBevdrinks reception
Water Summit 2019 on water, climate change & finance