Island Finance Forum 2022
About The Track
Climate Finance refers to financing that seeks to support mitigation and adaptation actions to address climate change.
The contribution of each country to climate change varies enormously. So does their capacity to prevent it and cope with its consequences. Some of the countries most seriously threatened by its effects tend to be those that cause the least pollution.
One example of this is Kiribati, a Pacific atoll nation that seems destined to become the first victim of climate change. Kiribati is responsible for approximately 0.0002% of world greenhouse gas emissions, but two of its uninhabited islands, Abanuea and Tebua Tarawa, have already disappeared under the waves.
Climate finance is needed for mitigation and adaptation, as significant financial resources are required to reduce greenhouse gas emissions and adapt to the adverse effects of a changing climate.
According to the principle of “common but differentiated responsibility and respective capabilities” set out in the United Nations Framework Convention on Climate Change (UNFCCC), developed country Parties are to provide financial resources to assist developing country Parties in implementing the objectives of the UNFCCC.
Stefan Kossoff is Development Director for the Foreign, Commonwealth, and Development Office (FCDO) in the Caribbean and UK Director to the Caribbean Development Bank. He is currently based in Bridgetown, Barbados, where he oversees the UK’s £450m bilateral development programme across the region. This includes major investments in climate resilience, infrastructure, inclusive growth, and governance and security.
Stefan joined the Department for International Development (DFID) in 1999 and is a professional specialist on governance issues. Prior to this role, he was Head of Profession for DFID’s 120-strong governance cadre. Stefan has worked on many UK development programmes in Africa, Asia and the Middle East, including long-term assignments in Tanzania, the Palestinian Territories, Afghanistan and Pakistan. He has also led teams working on governance policy, research, and multilateral effectiveness, and is well-known internationally for his work on “thinking and working politically” in development contexts.
Stefan has a BA (Hons) in Social and Political Sciences (Cambridge University) and an MSc in Development Studies (London School of Economics).
As PKA’s Deputy Executive Director I am Head of Sustainable Investments (ESG) and the Investment Secretariat where I work with integrating ESG in investments, exercising active ownership and optimizing the business through sustainable investments. I am responsible for climate related issues and implementing the UN SDG’s. In addition, I am at ensuring long-term value creation through an increased focus on implementing ESG factors as core elements in the investment strategy, policies and guidelines.
With a practicing certificate and +20 years’ business experience – including on executive level – I have a strong professional foundation with broad financial, legal and international experience from both the public and private sectors.
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Island Finance Forum 2022
Sponsors & Partners
Our central objective is to help transform the region’s economy by fast-tracking sound public and private investment opportunities that support climate action and economic growth through sustainable development.
Drawing on the deep experience of our nations and institutions, a group of twenty-seven visionary Caribbean Governments, alongside some of the largest global companies, financial institutions, and foundations have joined The Accelerator to make the Caribbean a beacon of climate-smart development.
Our mission is to promote Puerto Rico as a competitive investment jurisdiction to attract new business and capital investment to the island. Our vision is to be a transformational and results-oriented accelerator of economic development in Puerto Rico.
InvestPR works with diverse stakeholders to position Puerto Rico as a destination for investment. To this effect, we collaborate with Puerto Rico’s Department of Economic Development and Commerce, government agencies, trade organizations, industry partners, and academia, among others. We help companies get established on the island by assisting them to navigate incentives, connecting them to resources for real estate selection and access to talent, and providing introductions to key stakeholders like sector experts and industry associations.
We have deep experience providing government relations, public affairs, public relations, communications and advertising campaigns in dozens of small island developing states. In total, we've worked in 16 islands in the Atlantic and Caribbean and, beyond our island work, we've worked on every continent in the world. If you're looking to advocate for a policy change, advance an issue position, understand and engage with government and civil society stakeholders or win an election, we'd love to help.
STRATEGIC AND MEDIA PARTNERS
Supplementing our hard copy publications is ifcreview.com, which houses the monthly IFC Review E-Journal and the IFC Review digital library and archive. Created as an online resource for wealth management professionals, ifcreview.com combines reference materials with highly technical articles and thought-provoking commentary from industry leading contributors. With continually updated coverage from over 30 international finance centres and daily news bulletins, ifcreview.com is a one-stop-shop for wealth management professionals right across the globe.
IFC Media delivers an integrated knowledge base for the world’s leading IFCs and their wealth management professionals.
@SriEvent specializes in creating, searching and aggregating, valorizing and promoting Twitter-based contents for events on sustainable finance. #SriAgenda, #Livetweeting, #TwitterChat, #TwitterInterview are the main services provided by @SriEvent in the framework of a modular and customizable offer.
In May 2019 @SriEvent launched its first local chapter @SriEvent_It focused on the Italian landscape. @SriEvent is also present on Linkedin (since 2020) and Instagram (since 2021).
@SriEvent is part of a network of Twitter handles launched by @andytuit, a story-tweeter, blogger, journalist, writer, adjunct professor on sustainable finance, member of Managers For Future Pioneer Team, with 20+ years of experience in the field.
…basically, we travel around the world, chat to the best and brightest people in Fintech while making the most entertaining, exciting and insightful content in the industry!
The Royal Gazette also produces Navigate Bermuda, an e-newsletter which tells stories from across the broad tapestry of the island’s rich and varied business landscape, through relevant content that shows how the contrasts in markets are the islands strengths. Navigate Bermuda is a multiplatform commercial content engine across web, social, print and event marketing.
The agency conducts marketing, communications and business development on behalf of its members from Guernsey and overseas, with representatives also employed in our key markets globally.
Guernsey is strongly committed to the sustainable finance agenda as both a member of United Nation’s Finance Centres for Sustainability Global Network, the Network for Greening the Financial System and the UN’s Sustainable Insurance Forum. Guernsey Green Finance, established in 2018, is Guernsey’s sustainable finance initiative. Guernsey Green Finance’s objective is to leverage Guernsey’s expertise to help lead in routing capital to climate finance. Our approach has been to develop knowledge, services, tools and products to connect finance professionals to the climate change agenda.
Fintech as a definition started trending in recent years as the future of financial services, and of money itself. For those already in the know, this is not news.
Fintech isn’t a business sector; it’s dozens of sectors. Everything from high street banks, investment companies, money transfer, FX, fintech is re-engineering these sectors into their next generation.
And there are new kinds of businesses emerging: crowdfunding, peer2peer platforms, crypto currencies, AI and robo-advice... sectors that are digitally native, they didn’t exist before the internet.
Fintech is about new companies, and new technologies for old companies. It’s about inventors and visionaries, and everyday people creating something new. It’s about your bank, your phone, and your job. And it’s about the future.
Future, before it happens.
For the latest complimentary digital issue of The Fintech Times, please go to: https://thefintechtimes.com/publication
With our dedicated team of journalists working locally in each market, we strive to bring all the breaking and most up-to-date coverage from a team you can trust.
Loop News launched in April 2014 and quickly grew to have teams in six markets across the Caribbean: Jamaica, Trinidad and Tobago, Barbados, Haiti, Cayman and St Lucia. And in 2020 we launched the newest website in the Loop family – Loop Caribbean!
We became the Caribbean’s number one news app in the Google Play store and Apple App store within two months of launch, and with more than 1 million downloads, Loop News is still the number 1 today!
Island Finance Forum 2022
Frequently Asked Questions
The forum is the first of its kind, and totally free! You can learn from world-leading experts from diverse backgrounds about the latest projects being deployed in island communities, with applications far beyond. Each session will be interactive with opportunities to ask questions and make connections. This year we are expanding to have even more features!
All are welcome to participate in the forum – feel free to invite friends and colleagues. Participants can take part in every session, or simply choose the sessions most relevant to them and are all encouraged to join the social media conversation.
The forum will be broadcast LIVE, taking place over multiple days in various timezones. Ideally, we want guests to join live as there will be opportunities to ask questions and interact with fellow attendees. However, all sessions will be recorded and made available online a few weeks after the forum.
We are exploring opportunities to screen parts of the summits on islands around the world to ensure local communities can take part. If you would like to organize a screening on your island please get in touch.
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