Rescheduling of SSIFC 2020
“…we will see changes in capital allocation more quickly than we see changes to the climate itself. In the near future – and sooner than most anticipate – there will be a significant reallocation of capital.”
Bridging the Gap – Advancing Asia’s Sustainable Future
Sustainable investing assets are now estimated at over US$30 trillion (as of 2018) and will continue to grow rapidly based on demand from investors, businesses and companies around the world. As the world grapples with climate change, we expect significant capital shifts into sustainable strategies. In ASEAN, it is estimated that US$200 billion flow of green finance is needed every year till 2030. Given current annual flows of US$40 billion, there needs to be a concerted effort in bridging this financing gap.
How can we enhance the role of capital markets to support the needs of this region? How can we accelerate sustainable investing? What are the regulatory hurdles to sustainable finance? What are the financing instruments available and how can we more effectively crowd in capital?
BlackRock, International Finance Corporation (IFC) and Temasek will convene the first-ever Singapore Sustainable Investing & Financing Conference (SSIFC) on 3 June 2021.
Themed “Bridging the Gap – Advancing Asia’s Sustainable Future”, the conference is designed to spark deep conversations about the drivers needed to catalyse sustainable investing and financing. Leveraging the combined networks and expertise across our three organisations, SSIFC will bring together key actors from the Asia-Pacific region, including senior level representatives from central banks, SWFs, financial institutions, private banks, government agencies and corporations.
Please check back for updates on the conference programme and speakers.
About the Organisers
- BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of December 31, 2019, the firm managed approximately US$7.43 trillion in assets on behalf of investors worldwide. www.blackrock.com/sg
- IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities where they are needed most. In fiscal year 2019, we delivered more than $19 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. www.ifc.org
- Temasek is an investment company with a net portfolio value of S$313 billion (US$231b) as at 31 March 2019. Our Charter roles as an investor, institution and steward shape our investment stance, ethos and philosophy, to do well, do right and do good. We actively seek sustainable solutions to address present and future challenges, as we capture investment and other opportunities that help to bring about a better, smarter and more sustainable world. Headquartered in Singapore, Temasek has 11 offices around the world. www.temasek.com.sg