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DECEMBER 4

Climate Finance Flows and Loss & Damage

Paris alignment of Export Credit Agencies

The next frontier for realising the Nordic Vision 2030

DECEMBER 4, 9.30–10.00 (UTC+4)

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Perspectives Climate Research
Export Credit Agencies (ECAs) provide financial support to domestic companies involved in international trade. Aligning ECAs with the Paris Agreement's goals is essential to achieve the Nordic Vision's environmental and sustainable objectives. This event will present lessons from recent research by Perspectives on Paris alignment of export finance in nine countries, explore how Nordic ECAs can support and promote climate action and discuss the perspectives of civil society on this topic.
SPEAKER
Karin Wessman
Head of Sustainability, Swedish Export Credit Agency (EKN)  
SPEAKER
Davide Maneschi
Swedwatch  
MODERATOR/SPEAKER
Sherri Ombuya
Researcher, Perspectives Climate Research
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New SDG Tool for Article 6.4 Mechanism

Setting international best practice for integrated assessment of Sustainable Development impacts

DECEMBER 4, 10.30–11.15 (UTC+4)

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Sustainable Development Initiative for Article 6 of the Paris Agreement, (UNEP-Copenhagen Climate Center & Wuppertal Institute for Climate, Environment and Energy)
Prior to COP28 the Article 6.4 Supervisory Body will decide on the draft A6.4 SD Tool for assessing sustainable development impacts of mitigation actions, with the view of adapting the tool by early 2024.

This event will present what the draft SD tool looks like and invite stakeholder views on:
Robustness and reliability of the safeguards, minimum requirements to promote positive SDG impacts, the usefulness of the tool for host and acquiring parties and needs for capacity building.
SPEAKER
Marina Ädel
Programme Manager at the Swedish Energy Agency
SPEAKER
Karen Olsen
Senior Advisor, Carbon Market Coordinator at UNEP- CCC  
SPEAKER
Ousmane Fall Sarr
Coordinator at the West African Alliance for Carbon Markets and Climate Finance  
MODERATOR
Christof Arens
Senior researcher, Wuppertal Institute for Climate, Environment and Energy 
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Voluntary carbon markets 

Latest developments in best practices 

DECEMBER 4, 11.45–12.30 (UTC+4)

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Perspectives Climate Research 
The voluntary carbon market is evolving to be fit for the Paris era. This event takes stock of recent developments in best practices for the voluntary carbon market, and explores ways forward. After an introduction to the elements of the Nordic Code of Best Practice for the Voluntary Use of Carbon Credits, a panel of public and private sector experts discuss their experiences and recommendations on promoting best practices in the voluntary carbon market. 
SPEAKER
Malin Ahlberg
Germany  
SPEAKER
Owen Hewlett
Gold Standard  
SPEAKER
Teppo Säkkinen
Chamber of Commerce  
MODERATOR
Juliana Kessler
Perspectives Climate Research
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Art performance at the pavilion: Jessie Kleemann – “Arkhticós Dolorôs" (Arctic Pain)

Daily screening during week 1 of "Arkhticós Dolorôs” (Arctic Pain) by renowned artist and poet Jessie Kleemann (GL/DK)

DECEMBER 4, 12.30–13.00 (UTC+4)

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The Way Forward: Sources of Financing for Loss and Damage

Innovative financing solutions for the loss and damage fund

DECEMBER 4, 14.45–15.30 (UTC+4)

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Wenger Law & Nordic Council of Ministers
This side-event will launch a study commissioned by the Nordic Council of Ministers’ Working Group for Climate and Air (NKL) on new and innovative solutions and sources for financial support for responding to loss and damage. The event will present the key findings and potential ways forward, and includes a high-level political segment as well as an expert panel with leading international experts in the field. 
KEYNOTE
Ole Thonke
Under-Secretary for Development Policy, Denmark
KEYNOTE
Mattias Frumerie
Sweden’s Climate Ambassador and Head of Delegation for the UNFCCC
SPEAKER
Cathrine Wenger
Wenger Law
SPEAKER
Sönke Kreft
MCII
FACILITATOR
Frode Neergaard
Chief Adviser, Green Diplomacy and Climate, Denmark
PANELIST
Diann Black-Layne
Antigua and Barbuda’s Ambassador for Climate ChangE
PANELIST
Ali Mohamed
Kenya’s Special Climate Envoy
PANELIST
Jean-Christophe Donnellier
French member of the TC
PANELIST
Heike Henn
Germany/BMZ
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Blended finance to mobilize private investment to climate adaptation

DECEMBER 4, 16.00–16.45 (UTC+4)

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Nordic Development Fund
Although climate finance has reached its record high, it is still falling short of what is needed, especially in lower income countries and countries in fragile situations. Through Nordic action, we help unlock private sector investments through blended finance, public-private partnerships, and matching concessional grants for investments. In this event, we discuss how this can help the climate action.
SPEAKER
Ville Tavio
Minister of Foreign Trade and Development, Finland
SPEAKER
Karin Isaksson
Managing Director, Nordic Development Fund
SPEAKER
Joan Larrea
CEO Convergence
SPEAKER
Benjamin Diokno
Secretary of Finance, the Philippines
SPEAKER
Marc-Andre Blanchard
Executive Vice President, Global Head of Sustainability, CDPQ 
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Next-generation clean cooking solutions

Incentivising change with pan-Nordic results-based financing

DECEMBER 4, 17.00–17.45 (UTC+4)

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Nefco – the Nordic Green Bank
Lack of access to clean cooking is a global challenge. Supporting next-generation clean cooking solutions through results-based financing can accelerate the green energy transition and help combat climate change in Africa. 

The event will cover discussions on the need for financial support, access to carbon financing, policy advocacy and development of technology standards from a private-public angle. These measures can support the private sector to de-risk market expansion and scale up activities, promoting the creation of new markets for modern clean cooking solutions to strengthen climate resilience in Africa.
SPEAKER
Jakob Granit
Director-General of the Swedish International Development Cooperation Agency (Sida)  
SPEAKER
Per Fredrik Ilsaas Pharo
Director of Department for Climate and Environment, Norad 
SPEAKER
Jillene Connors Belopolsky
Chief of Staff and External Affairs at Clean Cooking Alliance  
SPEAKER
Sophie Odupoy
Group Head of Public Affairs at KOKO Networks 
MODERATOR
Ash Sharma
Head of Modern Cooking Facility for Africa and Vice President, Nefco 
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Climate Talk with Leaders of International Financial Institutions EBRD and NIB 

Insights & Strategies: Navigating Climate Finance and Global Challenges with EBRD and NIB leaders 

DECEMBER 4, 18.00–18.25 (UTC+4)

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Nordic Investment Bank (NIB)
Join an interview session with the European Bank for Reconstruction and Development (EBRD) and Nordic Investment Bank (NIB) to learn how they perceive global challenges, geopolitics, and climate change. Explore their climate finance initiatives, expectations for COP28, and strategies for enhancing the efficiency of international financial institutions. 
SPEAKER
Odile Renaud-Basso
President, European Bank for Reconstruction and Development (EBRD) 
SPEAKER
André Küüsvek
NIB President and CEO, Nordic Investment Bank (NIB) 
INTERVIEWER
Jukka Ahonen
Head of Communications, NIB
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