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Supported by the Green Climate Fund:
Fruška Gora // September 9 // 2021 // PART ONE
The event will start with a high-level session during which the public sector leaders and the representatives of international financial/development institutions will address the audience.
Green Train is Leaving the Station. Are WB Economies on Board?
Greening the Financial System – Unlocking Sustainable Corporate Transformation
New Corporate Purpose between Profit and Planetary Boundaries
Navigating WB Corporate Sustainability - Business Call to Action
Institutional partners:
President of the
Government of the Autonomous Province of Vojvodina
State Secretary
Ministry of Agriculture, Forestry and Water Management Republic of Serbia
Deputy Executive Director
The Green Climate FundThe post pandemic recovery is getting up the speed. Learning on the pandemic inflicted failures, global leaders are reshaping political and economic foundations of the world. Incentives like Green New Deal prevail global economic transformation narrative, recently rooted in EU, the United States or South Korea. It emerged on the understanding that finance, economy and ecosystem are tightly bound together. The GND demands commitment to transformative overhaul of economy and financial system through responsible investment in decarbonisation and digitalization. Progressive transformation of international capital markets and sustainability regulations, as well as, availability of stimulus investment programs like EU Green Agenda for Western Balkans, pose both opportunity and risks for WB economies, seeking immediate attention. The opening panel explores the state of affairs in WB countries in understanding the global economic and policy overhaul in spearheading new sustainable perspectives within planetary boundaries, the risks if the policy and business stakeholders miss the opportunity to connect with the “train leaving the station” and the emerging opportunities to thrive if they timely embrace the change.
Chair
Western Balkans Sustainability Dialogue
Co-Host Head of Sustainable Finance Managing Director
Bank J. Safra Sarasin Ltd
Head of Regional Representation for Western Balkans
EIB
Regional Operations Officer for Central & Southeastern Europe
IFC
CEO
WWF AdriaThe transition to a green financial system means fundamental changes to the way decisions are made across the economy. To achieve the goals of the Paris Agreement and Western Balkans wider environmental ambitions, all finance will need to incorporate the financial risks and opportunities presented by climate change and other environmental challenges. Aligning private financial flows with clean, resilient and environmentally sustainable growth will require collaborative efforts across the public and private sector, and that leadership on green finance will in turn strengthen the competitiveness of the Western Balkans financial sector. This panel aims to discuss emerging topics, and provide opportunities for peer learning and exposure to latest practices on green finance.
Chair
Western Balkans Sustainability Dialogue
Co-Host Head of Sustainable Finance Managing Director
Bank J. Safra Sarasin Ltd
Director - Capital Markets
CDP Europe
President of the Managing Board Italian-Serbian Chamber of Commerce CEO
DDOR Novi Sad Gruppo UnipolIn new global economic perspective, higher company returns are strongly linked with integrating climate risks as material risks into corporate strategy. Environmental, social and governance (ESG) factors are at the heart of sustainability investing. Governments’ stimulus packages, as well as, institutional investors and asset managers are increasingly shifting from companies making profits at the expense of depleted natural resources and the planet and allocate funds towards companies with climate neutral and sustainable prospects. Top ESG propositions drive innovation, new markets and brand reputation, as well as, productivity uplift by instilling a sense of purpose. This panel explores the level of preparedness of WB corporate sector in shifting the decision making towards long term value creation and risk management.
Chair
Western Balkans Sustainability Dialogue
Co-Host Head of Sustainable Finance Managing Director
Bank J. Safra Sarasin Ltd
President of the Managing Board German-Serbian Chamber of Commerce
CEO - Siemens Serbia
President of the Managing Board French-Serbian Chamber of Commerce, CEO - Atos SEE Country Group
Atos SEE Country Group
Director in
Sustainability Services
Chair
German RETech Partnership e.V. Goduni International GmbhAs a conclusion of the conference, the session explores the concept of Western Balkans Green Navigator, a regional corporate flagship initiative, as a synergetic HUB at the intersection between international and WB business enabling environment, while nourishing and advancing corporate agenda.
