THURSDAY 10 MAY

Green Infrastructure: Setting High Quality Standards For The Emerging Asset Class
EBRD/WEF event

Al-Harannah 2,
Level 1

In the context of global infrastructure investment focus, with needs estimated by the G20's Global Infrastructure Hub at nearly US$ 1 trillion each year, a consensus has formed that emerging market (EM) countries in particular will not only need to foster increased levels of investments but must do so with the significant participation of high-quality private sector institutional investors, such as pension and insurance funds.

In order to do so, EM infrastructure will need to become a recognised asset class for institutional investors, who have assets under management of over US$ 50 trillion.  In addition, the UN Sustainable Development Goals (SDGs) lay out the challenge of green investments on top of this imperative of accelerated investment to close the global gap.  Finally, there is a need for further efficiencies gains by governments and their operators (whether public or private) to deliver more efficient public services. Therefore, the solution in broad terms is to attract a significantly increased level of high-quality, efficient, investment by the private sector and institutional investors into emerging markets to meet the simultaneous challenge of the global infrastructure gap and the SDGs.

However, the task is challenging on several fronts: first, increasing investment will require significant engagement with private sector investors, with Public-Private Partnership (PPPs) arrangements still too bespoke given risks, real and perceived; second, EM countries charged with organising infrastructure investment often lack experience with such complex programmatic efforts and with PPP preparation, tendering and monitoring; and lastly, the ‘translation’ of the SDGs into a practical set of actions with indicators is still a work in progress.  

This panel will bring together experts and institutions dedicated to the tasks of private sector investments in infrastructure, standard setting for infrastructure sustainability and public sector preparedness.  

Panellists will discuss practical examples of how green investments are being made in the sector, as well as the trends in standardisation to help ensure both high-quality and broad levels of investment as EM infrastructure moves toward an asset class category.

For more information, please contact:

Timea Nagy: NagyT@ebrd.com

Moderator

Alex Wong

Head, Global Challenge Partnerships, World Economic Forum

Keynote

Suma Chakrabarti

President, EBRD

Imad Fakhoury

Minister of Planning, International Cooperation and Tourism, Ministry of Planning & International Cooperation

Speakers

Susan Goeransson

Director, Head of MEI, EBRD

Sultan Mashakbeh

Deputy Secretary General, Water Authority of Jordan (WAJ)

Lasse Ringius

Head of Green Investment Services, Global Green Growth Institute

Katharina Schneider-Roos

CEO, Global Infrastructure Basel

Dragan Tevdovski

Minister of Finance, Ministry of Finance of Macedonia

Anne de Pazzis

Senior Director, leader in the field of water & waste PPPs

Suma Chakrabarti

President, EBRD

Sir Suma Chakrabarti is the sixth President of the EBRD. He has held the position since 2012.
Suma has spent a great deal of his professional career working in the British civil service, international development economics and policy-making, as well as in designing and implementing wider public service reform.
Prior to joining the EBRD, he was Permanent Secretary at the British Ministry of Justice and, earlier, headed the UK’s Department for International Development. He also worked in the UK Treasury and in the Cabinet Office.
After studying politics, philosophy and economics at the University of Oxford, Suma took a Masters in development economics at the University of Sussex.  He holds honorary doctorates from the Universities of Sussex and East Anglia, as well as Bucharest’s University of Economic Studies.

Imad Fakhoury

Minister of Planning, International Cooperation and Tourism, Ministry of Planning & International Cooperation

Susan Goeransson

Director, Head of MEI, EBRD

Ms. Susan Goeransson is the Director for the Municipal and Environmental Infrastructure team at the EBRD, covering water, wastewater, waste management, urban transport and district heating projects located in eastern Europe, the CIS, Turkey and the southern and eastern Mediterranean countries. Having joined EBRD in 1993 she has worked in a variety of sectors, including infrastructure, agribusiness and general industry. Prior to joining EBRD, she worked at the Overseas Private Investment Corporation as a senior banker and the Securities and Exchange Commission as a financial analyst. She has a Master’s degree in public policy from Harvard University’s Kennedy School of Government and is a chartered financial analyst. She has a joint Bachelor’s degree in urban studies and history from Northwestern University.

Sultan Mashakbeh

Deputy Secretary General, Water Authority of Jordan (WAJ)

Lasse Ringius

Head of Green Investment Services, Global Green Growth Institute

Dr. Lasse Ringius is Director/Head of Green Investment Services, Global Green Growth Institute, Seoul, South Korea, since November 2016. Lasse is responsible for the GGGI team tasked with identification, design and development of bankable projects and green fund structures in GGGI member countries. Lasse combines more than 25 years of professional experience in green infrastructure and climate finance at, among others, IFC, the World Bank, and UNEP Risø Centre

Katharina Schneider-Roos

CEO, Global Infrastructure Basel

Katharina's team has assessed over one hundred infrastructure projects across the world applying the GIB Grading for Sustainable Infrastructure. She was responsible for organizing an annual investment forum during GIB Summits, and led the publication of the Sustainable Infrastructure Capacity Building Handbook and a Scoping Study for the Early Stage Project Preparation Stage. She co-chairs the Cities Climate Leadership Alliance’s (CCFLA) Working Group on Project Preparation Facilities, is member of the CCFLA Steering Board and a member of the ICLEI Resilient Cities Conference Program Committee. She worked with a project team to establish SuRe® – The Standard for Sustainable and Resilient Infrastructure. Katharina is member of the Steering Board of the Resilience Measurement, Evidence and Learning Community of Practice.

Dragan Tevdovski

Minister of Finance, Ministry of Finance of Macedonia

Alex Wong

Head, Global Challenge Partnerships, World Economic Forum

Alex is a member of the senior leadership, an international organization for public private cooperation with a mission to improve the state of the world. Since joining the World Economic Forum in 2000, Alex’s responsibilities have included: co-leading the development and implementation of the Forum's industry strategies as head of the Center for Global Industries in the World Economic Forum's Geneva headquarters; leading the Forum’s activities in the Basics & Infrastructure industries from 2006-2015 and IT & Telecoms, Media & Entertainment industries from 2000-2006; leading the Future of the Digital Economy & Society initiative; leading many Forum’s large multistakeholder global initiatives including the Partnership Against Corruption Initiative

Anne de Pazzis

Senior Director, leader in the field of water & waste PPPs

Anne Lardoux-de Pazzis is a global leader in investment portfolio for Built-Operate-Transfer and Public-Private-Partnerships (BOT/PPP) contracts, focused in water, waste and circular economy. Her 20 years of senior roles in SUEZ, mostly abroad, included leadership positions in corporate strategy and institutional relations, and as global head of BOT/PPP most recently. Her key expertise comprises origination, financing, negotiation, investment approval, closing, construction management, operation and refinancing of large capital projects across the globe, in the context of multicultural and long term partnerships, especially with governmental bodies, Development Financial Institutions, investors and lenders. She led transformation initiatives and drove business restructuring throughout major organizational evolutions of Degremont and SUEZ International. Anne serves as Board Member of companies and joint venture investment projects around the world.