IBF ESG Connect: Water Risk Management Best Practices for Banks and Investors (22 Oct)

IBF ESG Connect with WWF: Water Risk Management Best Practices for Banks and Investors 

All industries rely on water for production, transportation, or extraction – either directly or in their supply chains – and climate change is exacerbating water-related risks. In his August 2019 remarks, Prime Minister Lee made it clear that both mitigating and adapting to the impacts of climate change must become a top priority for Singapore over the next few decades, and that managing water-related risks will be a critical part of this: requiring upwards of $100B of investment in the next 100 years. Yet while frameworks like the TCFD have begun to help mainstream the way that corporates and financiers think about climate change mitigation (in many cases, primarily in terms of GHG emissions reductions), there is currently less awareness of how they can integrate opportunities to catalyze adaptation efforts. By simultaneously exploring these opportunities, we can significantly reduce some of the potential financial impacts associated with growing water risks.

In this context, this session explores how Singapore’s companies and financial institutions can assess and manage their exposure to physical, regulatory, market, and reputational water risks. Participants will learn about leading water stewardship efforts to date, and how to use geospatial tools to manage this critical issue, including WWF’s newly updated Water Risk Filter. 

Event Details

Date:	22 October 2019
Time:	2pm - 5pm
Venue:	IBF Careers Connect #13-07/08 MAS Building Singapore 079117
Fee: (before GST)	$80 IBF-Member (2 complimentary tickets for IBF-Members) $160 IBF non-member
Attire:	Business Attire
CPD Hours:	Attendees who attend the full event will be accorded 2 CPD hours
Who should attend:	Sustainable Finance Professionals, Corporate Bankers, Risk and Compliance Professionals

Programme

1.30pm	Registration
2.00pm	Welcome Address by IBF
2.05pm	A brief introduction to water risk, why it matters to corporates and their financiers, and opportunities for adaptation in Asia Types of risk (regulatory, reputational, physical; basin vs. operational; sector-specific issues; direct vs. supply chain exposure Impacts of climate change and economic development – Case Study: Mekong River in the Economy Opportunities for adaptation and restoration: WWF’s Resilient Asian Deltas Initiative Growing interest in FIs Stuart Orr, Freshwater Practice Lead, WWF
2.25pm	Tools for managing water rissk and identifying opportunities: WWF's Water Risk Filter (WRF) 5.0 Introduction to the new features of WWF’s Water Risk Filter - short demo  How the WRF can be used by corporates and financial Institutions - Case Studies : Company/facility-level risk/opportunity assessments | Country-level/sovereign credit risk assessments Sneak preview of forthcoming report: Linking Water Risk and Financial Value Alexis Morgan, Global Water Stewardship Lead, WWF
2.50pm	Case Study: DEG Success stories using the WRF with customers Identifying and managing water-related risks in agriculture, power generation, manufacturing Jens Hoenerhoff, Vice President Sustainability, eutsche Investitions-und Entwicklungsgesellschaft (DEG)
3.05pm	Case Study: How FI integrates water risk assessments into expectations for clients
3.25pm	From identifying risks and opportunities to developing bankable solutions Water as leverage: How facility-level engagements can drive basin-wide collective action on stewardship Evolutions in the concept of water stewardship Financing water stewardship: Best practice case studies Growing interest from MDBs (e.g. ADB) Bankable solutions (highlight 1-2) Water-focused impact funds (e.g. the Dutch Fund for Climate and Development) Example projects, deal structures Water resilience in infrastructure (esp. cities) Stuart Orr, Freshwater Practice Lead, WWF
3.50pm	Infrastructure and water risk: Ensuring resilience AIIB’s approach to integrating water-risk analyses into investments in energy, transportation, and coastal infrastructure Involvement in “Water as Leverage” advisory group AIIB’s new climate bond portfolio Courtney Lowrance,Principle Environmental Specialist, AIIB
4.15pm	Q&A