Session 5: Green and Sustainable Financing

DMOs, central banks and sovereign wealth funds are becoming more conscious of the effects of their economic footprint and of the benefits of integrating sustainability, mainly by adding ESG considerations into debt issuance and investment decisions. What initiatives have DMOs used to move towards more green and sustainable financing? What policy changes and investment strategies are driving reserve managers demand for green and sustainable bonds? OECD recommends as important actions for central bank asset managers to achieve SDG alignment of finance to

• Integrate SDG imperatives into macro prudential regulation
  
• Adapt eligibility criteria for quantitative easing actions
  
• Integrate sustainability factors into portfolio management
  
• Robust and consistent climate-related disclosure requirements
  
• Support and develop taxonomy of economic activities related to green transition
  

In this session, we will hear from experts covering the issuance and investment perspectives and see how a coordinated approach is being used to not only match supply and demand but also to assist with the global development of ESG financing.

Speakers:
Mr. Paroche Hutachareon, Senior Expert on Bond Market Development, PDMO, Thailand
Mr. Rick Lacaille, Senior Investment Advisor, Environmental, Social and Governance, State Street Global Advisors
Mr. Abhishek Dangra, Senior Director, Sector Lead, Infrastructure, S&P Global Ratings
Ms. Ebba Wexler, Managing Director, SSA Debt Capital Markets, Citibank

Moderator: Ms. Maria Lomotan, Assistant Treasurer, ADB