13-14 October 2016 - Tokyo, Japan In association with the ADB Institute #OECDGIFF | Flickr

The Paris Agreement at COP21 marks a decisive turning point in our collective response to climate change. Each country must now spell out a credible roadmap for action consistent with the goal of holding the average temperature increase to well below 2°C above pre-industrial levels and pursuing efforts to limit the increase to 1.5°C. As countries formulate their strategies, it will be important to consider how policies can help investors seize opportunities presented by the transition to a low-carbon economy and overcome investment barriers.

Effective policies will unleash the transformational capacities and capital of the private sector and will allow investors and other actors including cities, to plan with confidence. The low carbon transition requires little more capital than the trillions that need to be invested anyway and comes with a wide range of returns. But it will require a massive shift towards low-carbon, energy efficient and climate-resilient systems.

Green finance and investment is becoming a mainstream theme for investors and policy makers globally, as underscored by the creation of the G20 Green Finance Study Group under the Chinese Presidency and the establishment of the Task Force on Climate-related Financial Disclosures by the Financial Stability Board.

AGENDA AND ISSUES FOR DISCUSSION

As part of its extensive work on green finance and investment, the OECD convened the inaugural 2014 Green Investment Financing Forum (GIFF) and the 2nd GIFF Forum in 2015 at OECD Paris. Building on the success of these events, the OECD held the 3rd GIFF Forum in Tokyo, in association with the Asian Development Bank Institute (ADBI). This event, gathered senior policy makers and key actors in financing green investment from around the world for a targeted discussion under the Chatham House Rule.

This year’s edition focused on Asia – a region with rapidly growing economies, developing financial markets and colossal green investment needs. Policy makers in Asia are increasingly examining ways to promote investment in high-quality, green infrastructure in order to achieve sustainable growth while ensuring the transition to a low-carbon economy.

ISSUES FOR DISCUSSION mobilising private investment in low-carbon and climate-resilient infrastructure; managing financial risks arising from climate change; challenges and opportunities for institutional investors; development of green bond markets; early stage equity finance; greening the traditional banking sector; role of public financial institutions including public green banks; the potential for local and retail green finance; new and emerging actors in green finance; and policies and regulation to get on a low-emissions pathway.   There was a session open to the press which participants used to release new analysis or make important announcements.

• Agenda
• List of participants
• Speaker biographies
• Presentations
• Event summary

 

GREEN INVESTMENT FINANCING FORUM - PAST EVENTS

• 2017 4th Forum
• 2015 2nd Forum
• 2014 Inaugural Forum 
• Related event: 2015 Workshop - OECD Green Investment Bank

 

further reading

• Progress Report on Approaches to Mobilising Institutional Investment for Green Infrastructure, 2016
• OECD Analytical Report on Investment Governance and the Integration of ESG Factors, 2016
• G20 Green Finance Study Group Document Repository
• Mapping Channels to Mobilise Institutional Investment in Sustainable Energy, 2015
• OECD work on financing climate change action 
• OECD work on investment for green growth and institutional investors and long-term investment

 

BLOG

• Let's talk money: what will it take to save our planet? OECD Insights
• All environment related blogs

 

CONTACTS

• For more information, please contact Robert Youngman and Hideki Takada, OECD Environment Directorate.
  
  

• The OECD Secretariat would like to thank Japan for their financial support for the Green Investment Financing Forum and for the activities of the Environment Directorate on green finance.