Green Investment

The role of fiscal policies in the transition to an inclusive green economy and achieving the Sustainable Development Goals is increasingly recognised and momentum for action is growing among governments and the private sector.

This session examined how fiscal policies through pricing measures, can mobilize public resources and incentivise private investment to support the Sustainable Development Goals and the Paris Climate Agreement.

It also expored issues around the efficient and equitable allocation of public and private finance for delivering the Sustainable Development Goals and the Paris Agreement. 

1/ Starts at home?: Finance, fiscal policy and leveraging domestic resources

Chair: Lars Andrea Kunde, State Secretary, Ministry of Climate and Environment of Norway

Speakers: Rofyanto Kurniawan, Director of Center for State Budget Policy, Fiscal Policy Agency, Ministry of Finance of Indonesia; Christoph Beier, Vice-Chair, GIZ Management Board; Helen Mountford, Director of Economics at World Resources Institute and Program Director for the New Climate Economy initiative; Elliott Harris, UN Assistant Secretary-General, Director, New York Office, UN Environment; Luis Neves, Chairman, Global e-Sustainability Initiative of the Information and Communication Technology (ICT) Industry

Intervention by: Paul Steele, Chief Economist, International Institute for Environment and Development (IIED); and Timo Mäkelä, Senior Advisor, The Finnish Innovation Fund


2/ Sustainable supply chains and trade

Chair: Ignatius Baffour-Awuah, Minister of Employment and Labour Relations of Ghana

Co-Chair: Wolfgang Lehmacher, Head of Supply Chain and Transportation Industry, World Economic Forum

Speakers: Astrid Schomaker, Director for Strategy at the European Commission's Directorate; Ligia Noronha, Director Economy Division, UN Environment (tbc); Dolika Banda, CEO of Africa Risk Capacity Insurance Company (tbc); Scott Vaughan, CEO, International Institute for Sustainable Development; Pedro Jardim, Co-Founder, Agora, WEF Global Shaper


3/ Transparency and transformation: How can the financial sector support sustainable development?

Chair: Xia Guang, Deputy Director General, Policy Research Center for Environment and Economy, Ministry of Environmental Protection of China

Co-Chair: Eric Usher, Head of UN Environment Finance Initiative

Speakers: Aisha Al Abdooli, Chief Innovation Officer and Director of Green Development, Ministry of Climate Change and Environment of the United Arab Emirates (tbc); Martin Lok, Program Manager at Netherlands Ministry of Economic Affairs supporting natural capital accounting; Doris Kramer, Director of Investment Strategies, Sustainability, KfW; Amal Benaissa, Senior Project Manager in Sustainable Finance, BMCE Bank of Africa Group; and Marlehn Thieme, Chair of the German Council for Sustainable Development

Interventions by: Richard Spencer, Institute of Chartered Accountants; Mark Gough, Executive Director of Natural Capital Coalition; Marcos Eguiguren, Executive Director Global Alliance for Banking on Values