Forum 2: Financial Services for Managing Risk: Climate Change and Carbon Trading

On 31 October, Professor Ross Garnaut hosted the second of a series of public forums, titled Financial Services for Managing Risk: Climate Change and Carbon Trading. The public forums are designed to provide opportunities for discussion of research and policy on particular challenges posed by climate change at regional, national and international levels. The public forum is an opportunity for experts and the public to contribute to the work of the Garnaut Climate Change Review.

The public forum Financial Services for Managing Risk: Climate Change and Carbon Trading featured a number of speakers and panel discussions on the following topics:

• The Management of Risk: Emerging Approaches by Insurers
• Building Effective Carbon Trading Markets
• Positioning Australia as a Hub in the Asia – Pacific Carbon Markets

For further information please see the Introductory Note by Professor Ross Garnaut (PDF, 355kb) .

This forum has now concluded. Slides from the various presenters are available on this page.

Time	Programme	Papers	Slides
08.25	Registration	-	-
08.50	Introduction and overview Professor Ross Garnaut, Garnaut Review	-	-
09.00	Welcome from host The Hon. Phil Koperberg MP NSW Minister for Climate Change, Environment and Water	-	-
09.10	Session 1: The Management of Risk: Emerging Approaches by Insurers
	Climate Risk: Emerging Approaches by Insurers Sonia Powell, Sustainability Research Consultant, Insurance Australia Group	-	Presentation (PDF, 3,113kb)
	Insurance Panel Discussion Sonia Powell, Sustainability Research Consultant, Insurance Australia Group Karl Sullivan, General Manager Policy, Risk and Disaster Directorate, Insurance Council of Australia George Walker, Senior Risk Analyst, Aon Re International Asia Pacific Matthew Skinner, Partner, Allens Arthur Robinson	-	-
10.20	BREAK
10.40	Session 2: Building Effective Carbon Trading Markets
	Exposure of Australian Firms to Climate and Carbon Risk Dr Ian Woods, Senior Research Analyst, AMP Capital	-	Presentation (PDF, 234kb)
	Global Carbon Trading Markets Bruce Tozer, Global Head, Environmental PRoducts, JP Morgan	-	-
	Conditions for an Effective Carbon Trading Market in Australia Karel Nolles, Associate Director, Financial Products, Macquarie Bank, and Director Securities Industry Research Centre of Asia PAcifical - SEELab (SIRCA-SEELab)	Discussion Paper (PDF, 158kb)	Presentation (PDF, 468kb)
	Carbon Trading Markets Panel Discussion Anthony Collins, Director, Emerging Markets, ASX Marc Barrington, Manager, Carbon & Renewables, AGL Energy Ltd, and member of the Australia Fianacial Markets Association (AFMA) Carbon Markets Committee Peter Sherman, Lead Contract Trader, CS Energy Ltd, and member of the Australia Fianacial Markets Association (AFMA) Carbon Markets Committee Gary Cox, Manager, Environmental Derivatives, Firmat Australia, and member of the Australia Fianacial Markets Association (AFMA) Carbon Markets Committee	Discussion Paper (PDF, 190kb)	-
13.05	BREAK
13.50	Session 3: Positioning Australia as a Hub in the Asia-Pacific Carbon Markets
	Seizing the Opportunity: Positioning Australia as a Hub in the Asia-Pacific Carbon Markets Martijn Wilder, Partner, Baker and McKenzie	-	-
	Panel Discussion Bruce Tozer, Global Head, Environmental Products, JP Morgan Craig McBurnie, Director, Commodity Derivatives, ABN-AMRO Brian Price, Chairman of the Financial and Energy Exchange, Sustainable Investment MArkets Andrew Catchpole, General Manager, Communications and External Relations, Hydro Tasmania	-	-
15.00	Concluding Remarks Professor Ross Garnaut, Garnaut Review	-	-
15.15	CLOSE	-	-

To read PDF files, use Adobe Reader. If you would like a copy of this document in an alternative format, please call 03 9651 0631.