Business and Finance in the Face of a Changing Climate: Risks and Opportunities

The Paris Agreement entered into force on 4 November 2016. Since that time, national governments together with various stakeholders have initiated the process of adopting long-term GHG emission strategies and actions towards decarbonisation. However, climate risks continue to increase on a global scale, underlining the urgency of recognising climate change as both an economic and human security issue.

In this context, a growing number of large businesses and financial investors have endorsed climate interventions, ranging from putting a carbon price on business operations, disclosure on climate risks and opportunities as recommended by the Task Force on Climate-related Financial Disclosures (TCFD), and supporting divestment from fossil fuels, among others.

At the same time, there are notable examples of governments from emerging economies, such as China and India, working in partnership with the private sector on efforts to promote a decarbonised and sustainable future. Many industrialising countries are also following suit.

In this session, international experts, together with key actors from the business and financial sectors will gather to discuss global trends with regard to climate risks and opportunities, share lessons on integrating climate into business strategies (including associated benefits and challenges), and recommend policy options/considerations for promoting enabling environments aimed at encouraging a shift in investment practices.


Rintaro Tamaki

Deputy Secretary-General, The Organisation for Economic Co-operation and Development (OECD)


Ligia Noronha

Director, Economy Division, UN Environment

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Ma Jun

Chief Economist, Research Bureau, The People's Bank of China

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Yeo Lian Sim

Special Adviser Diversity, Singapore Exchange (SGX) / Vice Chair, Task Force on Climate-related Financial Disclosures (TCFD)

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Hideyuki Kanemitsu

Head of Unit, Corporate Environmental and CSR Strategy Unit, Fujitsu Limited

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Framing Presentation

Naoki Mori

Executive Coordinator, Strategic Management Office, IGES


Hironori Hamanaka

Special Research Advisor, IGES