Green Bonds  Ministerial Summit
New York, September 25th, 2010

Green Bonds Ministerial Summit 2010: from the UN to Wall Street and the World
Learnings, opportunities, risks and rewards in financing a New low-carbon energy economy
United Nations Center Midtown East, UN Plaza Building, New York, USA

 

 

AGENDA PROGRAM
 
Saturday, September 25th

8.00 - Registration & networking breakfast

8.30 - Chairman’s welcome address

8.45 KEYNOTE ADDRESS:
Green Bonds Energy & Carbon Reduction Financing policy at the international, federal & regional level. China, EU, US and the world.
Green Bonds for Change. Reed Hundt, President Green Bank Coalition.

• US climate change legislation – where are we now in Finance? Carbon Price?
• Recent legislative proposals: Kerry-Graham-Lieberman & Waxman-Markey bills for the Carbon Price and the Finance Opportunity for Energy through the Green Bonds Movement.
• Best Prospects for Renewable Energy Finance under the Clean Air Act vs Carbon Pricing
• The Mandatory Reporting of Greenhouse Gases Rule and EPA's incoming CO2 emission controls impact on New Energy Finance and old Energy transformation.
• Implications for Finance business, jobs and the Power & Utility Energy industry sectors to be affected by the Climate change legislation and the Green Bonds Innovation.
• Green Bonds as a Global Institutional Initiative vs Renewable and Efficiency Energy Finance Movement. Regional initiatives vs Global Initiatives – an overview

Answerer  {Sharing the stage} : Vinod Khosla, Chairman Khosla Ventures


9.30 - H.E. President of France Nicolas Sarkozy and the French Minister of the Economy, Christine Lagarde with the President of the United Nations general Assembly Dr Ali A. Treki, opening the Conference along with the United Nations Development Project Chief Helen Clark and the UN General Secretary H.E. Ban Ki-moon.

10.15 - PANEL DISCUSSION: How the White House, Wall Street and the Power Industry can cooperate to finance the Transformation, America is facing towards a low-carbon future?  Can the Carbon Price help or hinder the transformation?

• Industry consensus? Is there one?, What is it?
• What does business want in terms of federal action?
• Sector-specific initiatives
• Possibility of a utility-only trading program with carbon prices?
• Demand for voluntary carbon credits and Carbon Price, Economy wide.

Cass Gunstein, President Obama's Economic Advisor, Panel Chair.
Jeffrey Sachs, Director of the Earth Institute and Professor of Sustainable Development and Management at columbia University. Chair.
Bruce Braine, VP, Strategic Policy Analysis, American Electric Power
Steve Corneli, Senior Vice President, Market Climate Policy, NRG Energy
Pano Kroko, Chair Green Bonds
Jim Rogers, CEO, Duke Energy

11.15 - Financing Major Energy Coal Emissions Reductions and Replacement through long term Power Purchase Agreements and Emissions Trading Schemes under Carbon Credits: What are the lessons the US can learn from EU and China?

Henry Derwent, President, International Emissions Trading Association. Panel Chair.
George Soros, President, Soros Capital Management

Tracy Woolencot, Goldman Sachs, Energy and Climate Finance VP.
Lou Jiwei, CEO China Investment Corporation [China's Sovereign Fund].
Jeff Holzschuh, Chair Institutional Securities, Morgan Stanley, Climate Energy Finance


12.00 - Perspective on China’s and Europe's renewable energy finance and trading emissions programs. Carbon Price helps Finance Growth of Renewable Energy Base Load and the institutionalization of Efficiencies

• Business pressure for New Energy Finance system
• Proposed greenhouse gas regulations and Carbon Price
• PUI Electricity industry dialogue on Green Bonds
• Beijing and Hong Kong initiatives with Brussels EU New Energy Finance

Joelle Chassard, Manager, Carbon Finance Unit, World Bank
Gao Xiqing, President & CIO, China Investment Corporation, [China Sovereign Fund]
Gray Taylor, Chair, Climate Change & Emissions Trading Group
Pano Kroko, Chair, Green Bonds, Panel Chair
Tom Awls, Vice President, Native Energy

12.45 - Lunch

1.30 - Financing, Clean Coal, Carbon Capture & Sequestration and mitigating Power plant energy production emissions for the Coal Electricity Industry.
How does this compare to the Nuclear Industry renaissance and the New Nuclear Technologies Finance and Deployment?

• Understanding a Coal company’s carbon assets and liabilities
• Measuring, monitoring and reporting emissions as a financial tool
• Nuclear Industry Finance and Government Policy backing and process verification
Michael Gillenwater, Executive Director and Dean, GHG Management Institute

Paolo Frankl, Head of Renewable Energy Unit, IEAAEHI
Kevin Geniesser, Managing Director, Morgan Stanley
Don Gillispie, CEO, Alternate Energy Holdings, AEHI  & CEO, GreenWorld - H2O


2.15 - Carbon offset opportunities for the Coal and the Nuclear Energy sector and what the Future will look if we are willing to create it and build it, through Intelligent Energy Finance. How Green Bonds will finance the Nuclear and Coal Energy of the future?

• The importance of Energy sector voluntary participation in carbon offset markets
• Review of existing offset methodologies – what we’ve learned
• Assessment of offset opportunities in target sectors
• Challenges to scale-up and cost-effective implementation of new project types
• The need for buy-in from Energy credit and financing agencies
• Stakeholder roles in developing Renewable and traditional offset potential

John Kadyszewski, Director, American Carbon Registry, Winrock Capital International,
Joe Barton, USA Congressman (R-TX), House Energy and Commerce Committee
Dan Doctoroff, President, Bloomberg
Didier Houssin, Director of Energy Markets, IEA
Ambassador Jongyong Kim, Korean Ministry of Energy and Resources
 

3.00 -  PANEL DISCUSSION: State & regional emissions trading policies & initiatives and their effect on Green Bonds Finance of Renewable and Energy Efficiency sources and Technology

• Regional emissions trading programs already in place
• Update on RGGI (Regional Greenhouse Gas Initiative)
• Latest developments in the WCI (Western Climate Initiative)
• California’s AB32 regulations
• Other planned programs – eg Midwestern Greenhouse Gas Reduction Accord

Jonathan Schrag, Executive Director, RGGI Inc
Brian Bolster, Managing Director, Goldman Sachs
Mark Trexler, Director, DNV Climate Services
Mindy Lubber, President, CERES
Neil Auerbach, Managing Partner, Hudson Clean Energy Partners

3.45 - PANEL DISCUSSION: What will a US Energy Finance market will look like and what are the preferred positions for Energy Companies, Energy Finance Players and Policy Makers? With the advent of a Carbon Price and without?

• The likely Carbon price for Energy Power and Utility Industry.
• Carbon allowances – domestic and international - Finance & Carbon Credits.
• Tying up regional schemes or a national market? The EU or the UK model?
• The International Cooperation route for Energy Finance for the developing world.

Nathaniel Keohane, Director, Economic Policy, Environmental Defense Fund
Kedin Kilgore, Head of Trading, US Environmental Markets, Barclays Capital
Odin Knudsen, Managing Director, Environmental Markets, JP Morgan
Daniel Mallo, Director, Societe Generale Corprorate & Investment Banking
Ron Binz, Chair, Colorado Public Utilities Commission


4.30 - Chairman’s closing remarks followed by wine reception.

[ Parallel meetings for Green Bonds New Energy Finance, through GB, the Wall Street firm participants, the UNDP and Ambassadors and national Energy representatives and PUI with Finance Private Equity representatives, throughout the day ]

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Sept 25th Sat 2010
GREEN BONDS
Parallel Event
Government leaders
PRESS CONFERENCES [Pre-Accredited Press only]

INTERNATIONAL PRESS  - MAX 100 – News and Business 50/50

10-10.30 - Press Security Pre Registration – Coffee
10.45 - Press Comments on behalf of General Assembly of UN – H.E. President Dr Ali A. Treki
11.00 - Press Comments on Green Bonds & Energy Finance by UK Chancellor George Osborne
11.30 - Press Discussion and Q&A with the Greek Prime Minister George Papandreou
12.00 - Press Remarks and Q&A with the French Finance Minister Christine Lagarde
12.30 - Press Discussions with French Environment Minister Chantal Jouano
13.00 - Press Remarks and Q&A with the White House Economic Advisor Cass Sunstein
13.00 - 18.00 Private Meetings and Discussions between Ministers, Ambassadors, the national leaders in Energy from the developing world; and the Green Bonds representatives with Wall Street Finance participants in the Green Bonds Movement and UNDP officers with Wall Street Asset Manager Banks and Infrastructure finance Private Equity Representatives to attain project finance in the developing world for a lower Carbon Footprint Power and Utility Industry.