Session A: Panel Discussion: Financing Energy Access
This panel will look at how innovative finance might address electrification in developing countries as a means of driving education, increased income levels, innovation, entrepreneurship and improved health.
Diana Noble, Former Chief Executive, CDC Group
Ron Margalit, Principal of Blended Impact Investments, Lumos Global
Moderated By: Andrew Jack, Head of Curated Content, Financial Times
Session B: Social Impact Bonds
Following the launch a decade ago of the world’s first social impact bond—designed to reduce recidivism at the UK’s HM Prison Peterborough—these financing mechanisms caught the market’s imagination as a new means of raising private sector capital for social change. Not all social impact bonds (which are not bonds but pay-for-performance contracts) have achieved their goals and their transaction costs are high. However, some see them as important tools, allowing governments and others to think more creatively about financing social change and measuring the results. This panel will assess the potential of social impact bonds as a financing mechanism.
Francois de Borchgrave, Founder and Director, KOIS Invest
Andrew Park, Senior Policy Advisor, Centre for Social Impact Bonds, UK Government Inclusive Economy Unit
Moderated by: Sarah Murray, Specialist Writer on Sustainable Development, Financial Times
Session C: From screens to impact, an investment spectrum
As sustainable investment strategies evolve, asset owners are moving from de-carbonising or screening out companies from their portfolios to actively picking stocks because of their positive impact through ESG (environmental, social and governance) or SRI (socially responsible investing) and investing in private companies whose primary purpose is to create impact. Is impact investing an activity that is separate from other forms of responsible investment or should it be treated as part of a broader total portfolio approach that includes SRI and ESG investing?
Philip Brown, Managing Director and Global Head of Green and Social Bonds, Citi Capital Markets Origination
Mahesh Jayakumar, Vice-President and Senior Environmental, Social and Governance Investment Strategist, State Street Global Advisors
Moderated by: Elaine Moore, Lex Writer, Financial Times