Stephen Peters, CEO, joined Melissa on The Home Stretch on Today Radio to discuss the event.
“Climate is a topic that needs a lot of investment flowing into big projects,” he explains. “A lot of people are seeing the effects and the impacts, like more floods and longer droughts.” Current investment strategies are not sufficient to solve all of the emerging challenges effectively.
“What sustainable investors are looking for is beyond the traditional risk and return perspective. We want to have a positive environmental impact, a positive impact on society,” says Peters.
ICFA assists climate fund managers in Luxembourg to formulate their investment and impact strategies, structure their vehicles, guide operational implementation, and secure financing.
Listen to the interview here:
The Climate Finance Forum on 26 May will bring together development financial institutions, foundations, impact fund managers, fund investors, policy makers, and other climate actors. The aim is to connect, share insights on trends, and forge partnerships.
“We’re looking to finance climate solutions,” says Peters. One group is climate change mitigation, reducing greenhouse gasses and pulling them from the atmosphere. The other group is resilience: adapting to change, like building infrastructure for the future.
“You always see with conferences, especially in a growing field like this, that it starts to create bubbles of people from certain areas. We need to puncture those bubbles, get people to learn from each other.”
People are also invited to join virtually besides the 150 guests attending physically.
The event will welcome speakers like Yuriko Backes (Luxembourg’s Minister of Finance), Joëlle Welfring (Luxembourg’s Minister for the Environment, Climate and Sustainable Development), Piet Colruyt (Impact Capital), and Patrick Losch, as well as representatives of the European Investment Bank (EIB), the European Investment Fund (EIF) and others.
