Introduction to Sustainable Finance: Principles and Framework
March 11, 2024 - March 15, 2024
Schedule via Zoom:
March 11, 12, 14 & 15, 2024
Monday, Tuesday, Thursday & Friday
1:00 - 5:00 pm
Early Eagle Rate:
February 26, 2024
The global issue on climate change has enormously disrupted the way businesses across various industries perform.
The Paris Agreement is a global response by governments, corporations, financial institutions, regulators, NGOs and even investors and various other stakeholders, to address the imminent threat of climate change. Together, each stakeholder commits to deliver on actions that would hold the increase in global temperatures, promote resilience and low greenhouse gas emissions, and make finance flows consistent to a path to climate resilient development.
The Philippines, being one of the signatories, have undertaken a number of institutional and positive changes. Climate change has translated to more powerful typhoons, unpredictable weather patterns and massive devastation across many parts of the country.
This online program introduces you to the impact of climate change across various business sectors in the Philippines, and how sustainable finance principles and frameworks are changing the way the financial/banking industry, corporate sector and government regulators are collaborating to contribute to this important undertaking.
Who should attend
Senior managers looking to have a basic understanding of the Philippines’ efforts towards climate risk mitigation and ESG, particularly on the financial sector
Finance professionals from banking and corporations wanting to understand how sustainable finance products can be used as a tool to raise capital
Members of the public sector that find sustainable finance relevant to assist in future legislation / regulation of the industry they are supporting or covering
At the end of the course, you will:
- Understand the imminent threats of climate change to the world, and more specifically, in the Philippines;
- Appreciate what various Philippine regulators and lawmakers are doing to address climate change;
- Learn about the different sustainable finance solutions available and how they can be applied; and
- Determine how you and other institutions can participate in the deepening of the sustainable finance market that will help the Philippines’ strategy on climate change.
I. Climate Change Challenge
A. Paris Agreement
B. UN Sustainable Development Goals
C. Philippines Snapshot on Climate Change
D. Examples of initiatives undertaken by sovereigns
II. Philippines’ Commitment
A. Climate Change Commission
B. BSP – Sustainability Finance Framework
C. SEC – Sustainability Reporting
D. Amendments to the Agri-Agra Law
III. Sustainability Finance Products
A. Green / Social / Sustainability Bonds / Loans
B. Sustainability-linked Bonds / Loans
C. Green / Social / Sustainability Bonds / Loans Framework
D. Philippine specific Case Studies
1. AC Energy Green Bonds
2. Manila Water Social Bonds
3. RCBC Sustainability Bonds
4. BPI COVID-19 CARE Bonds
E. ESG Investments
IV. Challenges for the Philippines
A. Limitations as an emerging economy
C. Issuer motivations
D. Investor preferences
Ms. Jeanne Nicole Lizares is the Head of Sustainability for Security Bank Corporation, working with the organization towards Sustainable Development Goals (SDGs). She has experience working with various stakeholders including government, non-government, and community organizations, private companies, schools, women's organizations, and the youth.
Prior to her current role, she contributed her expertise as the Assistant Vice President of Corporate Sustainability of Hongkong and Shanghai Banking Corporation, Ltd. (HSBC) Manila, and as a Senior Specialist of Sustainability at B&M Global Services Manila, Inc. Ms. Lizares’ years of experience enabled her to have a strong background in environmental sciences, climate change, sustainability, environmental education, resource conservation, and the monitoring of environmental, social, and governance (ESG) issues.
Ms. Lizares obtained her Bachelor of Science in Environmental Sciences from the Ateneo de Manila University, and her Master of Education, major in Sustainability from James Cook University.