Sustainable finance is gaining popularity as a means to fund projects that deliver better environmental and social outcomes in a manner that benefits both the funder and the recipient, whilst achieving a common good. What is driving this? Why is sustainable financing being touted as a solution to some of the most tricky environmental and social challenges confronting us today?
Businesses and investors are also looking to gain competitive advantage by integrating sustainability and environmental, social and governance (ESG) commitments and performance into funding and capital raising mechanisms. How can sustainable finance drive our progress on the Sustainable Development Goals?
This RiverTalk will explore where sustainable finance is today, what the aspirations are for the future, and how this may apply to our journey towards resilient rivers.
Speaker: Chi Mun Woo
Chi Mun Woo is a partner in Sustainability and Climate Change at Deloitte Australia. He has over 20 years’ experience in advising organisations in the private and public sectors in Europe, Africa, the Americas and Australia on sustainability strategy, implementation and disclosure matters. Chi is an expert panel member of The International RiverFoundation’s Resilient Rivers Blueprint initiative.
If we are to manage our waterways to achieve long-term sustainability, we need to recognise, value and incorporate the full suite of benefits provided into our planning, policy, investment and management decisions. In this presentation participants will be provided a brief overview of the linkages between waterways and their economic values and show how those values can be estimated in dollar terms. This will be explored through a case study journey from the top of the Brisbane River catchment down to the Ramsar-listed Moreton Bay.
Only though this understanding of the economic values of waterways, can innovative mechanisms be established to incentivise better management and ‘crowd-in’ private sector investment.
Keynote Speaker: Jim Binney
Jim Binney is a resource and environmental economic practitioner with over 25 years’ of postgraduate experience. A major focus of his work is the integration of environmental values into mainstream decision making and investment, and much of this work relates to the values of our waterways. Jim is a Director of Natural Capital Economics, a niche environmental and resource economics constancy business based in Australia. He has undertaken over 240 consulting assignments in all states and territories across Australia as well as numerous international assignments in Tuvalu, Vietnam, Papua New Guinea, Fiji, Myanmar, China, Federated State of Micronesia, and for multinational organisations (e.g. SPREP, UN, FAO, OECD, GIZ, World Bank). Prior to commencing his consulting career in 2006, Jim was the Director of Economics for the Queensland Department of Natural Resources.
How do we ensure our rivers are here for future generations? Rivers are complicated, intricate systems that are often managed by multiple organisations and utilized by communities, big and small. Some rivers flow through national and international borders, some flow through cities and towns while others are remote and wild. Some rivers are used for recreation and add to the livability of a city, whilst others are workhorses that are only used for transport, mining and water supply.
Many rivers are struggling to cope with the pressures we place on them, let alone coping with global changes such as climate variances. How do we transform our rivers to become resilient, to bounce back after a shock such as a flood or drought?
The International RiverFoundation’s May RiverTalk will cover many of these issues. Come and listen to Prof. Bill Dennison, Vice President for Science Application at the University of Maryland Centre for Environmental Science speak about River Resilience, Report Cards and the Resilient Rivers Blueprint.
Keynote Speaker: Professor Bill Dennison
Bill leads the Integration and Application Network, a collection of scientists interested in solving, not just studying, environmental problems. He is actively involved in the Chesapeake Bay Program, USA and had an active role in the Healthy Waterways Campaign of South-East Queensland, Australia. In his current role as Vice President for Science Application at the University of Maryland Center for Environmental Science, his focus is on developing ways to effectively communicate science and to create credible and rigorous environmental report cards.
Originally planned as a networking breakfast, Rivers on Fire is the first of IRF’s new monthly online RiverTalk series.
As Australia begins to recover from the devastating nationwide bushfires, this RiverTalk will focus on understanding the impacts, raising awareness, and creating a call for action to address the effects of fire on waterways.
Listen to our two keynote expert speakers and take part in an online Q&A session.