Workshop I: Introduction to Natural Capital – Understanding Risks and Opportunities
23 September 2014, São Paulo
Uwe Wolfgang Heye, German Consulate São Paulo
Carlos Nomoto, Director of Sustainability at Santander and head of the CEBDS Sustainable Finance Working Group
|09:15-10:00||Introduction to Natural Capital
What is Natural Capital? Expected major changes in ecosystems and their impact on ecosystem service provision and economic activities.
Speaker: Daniela Lerda, PADMA
|10:15-11:30||Why is Natural Capital relevant for Financial Institutions? Risks and Opportunities
Speaker: Liesel van Ast, Natural Capital Declaration
|10:15-11:30||Environmental Risks and their Increasing Relevance in Credit Ratings
Speaker: Julyana Yokota, Standard and Poor’s
|12:15-13:30||Case Study Banorte: Why does a Financial Institution Strive to Integrate Natural Capital Considerations?
Speaker: Marcos Mancini, Banorte
|13:30-14:15||Quantifying Natural Capital Risks and Integrating them into Valuation and Risk Management
Speakers: Liesel van Ast (NCD) and Simone Dettling (GIZ)
|15:00-15:30||Joint Study on “Quantifying the Natural Capital Risk Exposure of Financial Institutions in Brazil”
Maria Eugenia Taborda, Itaú
|15:45-16:45||Round Table: Going Beyond Compliance
What is still missing for mainstreaming environmental risks into investment valuation?
Discussants: Carlos Nomoto (Santander), Maria Eugenia Taborda (Itaú), Daniela Lerda (PADMA), Liesel van Ast (NCD), Julyana Yokota (S&P), Marcos Mancini (Banorte)
Moderator: Simone Dettling
|16:45-17:00||Outlook Workshops II & III and Concluding Remarks
Fernanda Gimenes (CEBDS) and Simone Dettling (GIZ)