Page 1 Greenhouse Gas Risk Solutions Commercializing Swiss Re’s Sustainability Commitment.

Slides:

Advertisements

Similar presentations

Ongoing discussions on the formulation of National Appropriate Mitigation Actions (NAMAs) and their possible inclusion as market mechanisms in a post-2012.

Advertisements

The Investors Perspective Tony Bertoldi, Portfolio Manager.

Commercializing Swiss Re’s Sustainability Commitment via Innovative Financing Options.

EESE O&E Committee Update & Next Steps May 14, 2010.

The KfW Carbon Fund 37th REGULAR MEETING OF THE ALIDE GENERAL ASSEMBLY 2007 May 2007.

Kirt C. Butler, Multinational Finance, South-Western College Publishing, 3e 10-1 Chapter 10 Multinational Treasury Management 10.1Determining the Firm’s.

Energy Efficiency Financing: Which Financial Instruments Can Best Leverage Energy Efficiency Financing Dr. Xiaodong Wang Senior Energy Specialist EASIN,

Introducing ENWORKS By Todd Holden, Programme Director.

UNFCCC Secretariat Overview of the CDM and the CDM project Cycle Training-Workshop to support the “Uganda Municipal Waste Compost Programme” Kampala, Uganda,

Financial Solutions Unit, FEU Treasury Department PROPOSAL FOR CARBON MARKET DEVELOPMENT GUARANTEE Energy Unit, LCR Carbon Finance Unit 1 05/30/2011, HCC.

Unit 5 Microeconomics: Money and Finance Chapters 11.1 Economics Mr. Biggs.

Carbon Price and the Energy Sector June 2011 Kane Thornton Director of Strategy & Operations.

2 Disclaimer This presentation is for discussion purposes only. Second Nature is currently exploring the viability of formally establishing a Climate.

Francesca Romanin Jacur Milan University

Sustainable Energy at the World Bank: Policies and Experiences Anil Cabraal Lead Energy Specialist Energy and Water Department The World Bank Norway-World.

Funding community projects at scale Will Dawson, Principal Sustainability Advisor, Forum for the Future.

Heat Management – A business opportunity CONNECTIVE ENERGY A company developed by Carbon Trust Enterprises.

Managing for the Millennium

MAY 2015 CORPORATE OVERVIEW Supporting the International Development Sector.

INSTALLATION OF CAPACITOR BANKS IN COMMERCIAL/INDUSTRY BUILDINGS African Regional NAMA Workshop Kigali, Rwanda, 2015 By: Kennedy Amankwa, Energy Commission,

IFC Advisory Services Energy Efficiency and Renewable Energy Sources Programme - Introduction - Nebojša Aresnijević, Energy Efficiency Programme Manager.

Carbon Finance in Practice Public Heating Biomass Systems in Moldovan Rural Communities Project Anatol Gobjila, World Bank February 28, 2007, Tirana, Albania.

Investing in the Future London, December Climate Change Risks and Opportunities Oliver Dudok van Heel.

Carbon Finance Strategy the World Bank Carbon Finance Strategy the World Bank CHARLES CORMIER JULY 2005.

Getting Oil sands to Market Pipeline development must be supported by world class environmental response systems and a balanced risk-return structure.

Marrying Business with LEEF Finance Base London 2013.

Technology options under consideration for reducing GHG emissions SUSTAINABLE ENERGY ROUNDTABLE SERIES: Next Steps Post-Kyoto: U.S. Options January 13,

Emission reduction value in financing clean energy projects By Jan-Willem Martens EcoSecurities.

How to unlock the secrets of decarbonised buildings - what's holding you up? Annual EAUC Conference, March 2010.

Kenneth Langer, Ph.D. Global Environmental Investment Group Washington, D.C Insurance Mechanism To Facilitate Financing of Energy Efficiency Projects.

Financial Outlook for U.S. Not-for-Profit Healthcare Sector Drew Corrigan May 5, 2011.

FSSI OS2 Credit Card Reporting. 2 Citibank Custom Reporting for FSSI Office Supply Custom Reporting –Citibank EAS can be used for FSSI Office Supply Reporting.

International Climate Change Regime n UNFCCC – “stabilization of greenhouse gas concentrations at a level that would prevent dangerous anthropogenic interference.

1 Managing risk and utilizing opportunities in phase 2 of EU ETS Harri Roto, phone ,

Financing climate-friendly projects in the Balkan region DAC PROJECT CAPACITY BUILDING IN BALKAN COUNTRIES IN ORDER TO DEAL WITH CLIMATE CHANGE Prepared.

Retro-fitting Commercial Buildings A Financing Perspective Date: April 2011 Prepared by: Carbon Solutions Group.

100 Queen Street, Suite Ottawa. Ontario. K1P 1J9. Canada tel: fax:

COMMUNITY CHOICE AGGREGATION: TECHNICAL STUDY RESULTS Peninsula Clean Energy September 24,2015.

Kirt C. Butler, Multinational Finance, South-Western College Publishing, 2e 12-1 Part IV The Multinational Corporation’s Financial Decisions Chapter 12Multinational.

Carbon Finance Strategy the World Bank Carbon Finance Strategy the World Bank CHARLES CORMIER Sept 2005.

Financing of Low Carbon Energy (LCE) by Private Financial Institutions (PFIs) in Africa. Joint UNU-INRA And African Development Institute (ADI) of The.

Managing Risk in a Carbon Constrained World Presentation of Christian Mumenthaler, Chief Risk Officer, Swiss Re Ruschlikon, Switzerland 5 November 04.

Promoting increased nutrient use efficiency through carbon markets: Lessons learned and next steps C-AGG, November 2015.

De-risk the Defined Benefit Pensions – Collaboration of all stakeholders.

Carbon Project Financing. The Problem: Lenders perceive carbon markets to be risky, and therefore heavily or completely discount future revenues from.

Greening of Travel and Tourism Greening of Travel and Tourism Company Benefits   Improved Profitability   Enhanced Competitive Advantage   Increased.

Banking in the U. S. ECO 473 Dr. D. Foster. Institutions... Commercial Banks  “Money Center” banks  Regional (& Super-) banks  Community Banks Savings.

Finance CORPORATE FINANCE- METHODS OF FINANCING ENTERPRISES.

Environmental Industries Sector Unit CDM Opportunities in South Korea Greg Dunne, Director, ICECAP Ltd. Seoul, 25 th September 2006 EISU Seminar Mission.

H OST C OUNTRY C OMMITTEE M EETING I NNOVATIVE APPROACHES TO CARBON FINANCE.

Ideas to engage GEF and carbon finance under GEF-5 Input from IDB Washington D.C. 15 November 2010.

The Asian Banker Summit Hong Kong, April 7 th 2011 Ravi Saxena, Asia Trade Head, Citibank.

Assessing Geopolitical Economics in Securities A panel on the impact of economic and geopolitical forces.

Traversing New Waters: Eight Years Post-Crisis A Panel on the Impact of the Regulatory Tsunami on Securities.

REEEP/AEI/TERI Workshop

West and Central Africa Tropical Forest Investment Forum - August 2007 © EnviroMarket Ltd Forest-Backed Securities: alternative finance for tropical natural.

Clean Energy Finance Raising and Placing Capital in Energy SMEs World Bank Energy Week March 2006 Christine Eibs Singer

Transforming Emissions Reductions into Carbon Assets © CAMCO 2003.

Green Investment Green Investments are normally of a long term nature and requires sustainable long term financing. Green Finance covers the financing.

Energy Services Company Models: Opportunities for Transit

INNOVATIVE FINANCIAL INSTRUMENTS TO SUPPORT ENERGY EFFICIENCY:

Company Selection: Integrating sustainability criteria

Banking in the U. S. I. Structures II. Management

CP: a successful strategy towards sustainable banking

Energy Services Company Models: Opportunities for Transit

Banking in the U. S. I. Structures II. Management

Banking in the U. S. I. Structures II. Management

ניהול סיכונים משפטיים ופיננסיים

Net Zero Carbon Buildings Commitment

KHULA ENTERPRISE FINANCE LIMITED 2007 ANNUAL FINANCIAL RESULTS

Presentation transcript:

Page 1 Greenhouse Gas Risk Solutions Commercializing Swiss Re’s Sustainability Commitment

Page 2 Greenhouse Gas Risk Solutions Targeted Emission Reduction Business Activities Asset Management Project Finance Re/insurance ECO Portfolio Carbon Disclosure Project 3rd Party Asset Management - consumer products Hedge Fund Risk Management - D&O and PD/BI Delivery Guarantees Professional Indemnity Weather Derivatives Credit Guarantees Structured Finance Revenue Stream Enhancement

Page 3 Asset Management - “greenhouse neutral” products Emission Offset Fund Projects to offset Consumers emissions Consumer Choice Swiss Re as Independent Fund Manager Asset Management ECO Portfolio Carbon Disclosure Project 3rd Party Asset Management - consumer products Hedge Fund

Page 4 A “greenhouse neutral” Swiss Re The programme structure To reduce internal emissions by 15% over 10 years by implementation of energy efficiency measures at owned locations To invest $2,5 million over 10 years in the World Bank Community Development Carbon Fund (CDCF) Any deficit after 10 years to be made up from internal hedge fund

Page 5 Insurance - the Value of Swiss Re’s Balance Sheet to a Delivery Guarantee Re/insurance Risk Management - D&O and PD/BI Delivery Guarantees Professional Indemnity Biomass Energy Project 100 t SWISS RE Nets $75 Plus 15 t for reserves COMPLIANCE BUYER t 85 t = $ t Without SwissRe 50 = $200 = t Benefits from higher cash flow Benefits from guaranteed delivery by SR

Page 6 Insurance - Professional Indemnity for Certification/Verification Additional Risk to existing Professional Indemnity Insurance carried by Auditing Firms New Risks for New Entrants Validation Verification Certification Emission Certificate Re/insurance Risk Management - D&O and PD/BI Delivery Guarantees Professional Indemnity

Page 7 Project Finance Application of structured project finance and carbon delivery guarantees to a new sector: emissions reductions / renewable projects The benefits of extracting these risks from a project are: –Raises the project investment rating –Increases ROE –Reduces financing costs –Frees up capital for other investments Swiss Re acts as a facilitator of projects by structuring out the risk elements and thus attracting the financing Project Finance Structured Finance Revenue Stream Enhancement

Page 8 So where are we going? ANTICIPATE & MITIGATE FUTURE LOSSES Improvement of identification and management of environmental and social/societal risks FIND NEW SOURCES OF REVENUE Identification of market opportunities and development of new products contributing to the mitigation of environmental and societal exposures SAVE COSTS Improvement of environmental performance of internal operations and logistics