Resilient Cities - Bonn 2013 - Banner
Resilient Cities - Bonn 2013 - Banner

E5 - Closing the financing gap: Investing in cities

Session Description

Facilitator: Butch Bacani, Program Leader, UN Environment's Principles for Sustainable Insurance Initiative, Geneva, Switzerland

Invited Panelists:

  • Andrew Leonard Mua, Mayor, Honiara City Council, Solomon Islands
  • Kobie Brand, Regional Director, ICLEI Africa, Cape Town, South Africa
  • Simone Ruiz-Vergote, Managing Director, Allianz Climate Solutions GmbH, Munich, Germany
  • Matt Christensen, Global Head of Responsible Investment, AXA Investment Managers, Paris, France (tbc)
  • Clifford Polycarp, Manager, Green Climate Fund (tbc)
  • Mirza Baig, Head of Investment Stewardship, Global Responsible Investment (tbc)

Organized in cooperation with UN Environment's Principles for Sustainable Insurance Initiative (PSI)


Insurers are major institutional investors with more than USD 30 trillion in global assets under management. Investments in renewable energy, green buildings, low-emission transportation, sustainable water management, sustainable agriculture, and climate and disaster-resilient infrastructure promote sustainable development.

This session will discuss the following:

  • How insurers are promoting climate and disaster-resilient, low-emission and resource-efficient cities in their investments;
  • Challenges and opportunities associated with green bonds, catastrophe and resilience bonds, and other innovations;
  • The investment implications of Nationally-Determined Contributions (NDCs) under the Paris Agreement on Climate Change or national climate action plans to achieve low-emission and climate-resilient development.