Conference Programmes

There has been a surge in demand for green assets, driven by environmental, social, and governance (ESG) considerations. Almost every bank seeks to invest in sustainable projects, leading to a decrease in scarcity value. Despite this demand, there is still no significant pricing advantage for green financing. The reason lies in the investor landscape—while there are dedicated ESG investors, their numbers remain insufficient to significantly impact pricing dynamics. Looking ahead, as we approach 2030, pricing constraints are likely to tighten further, affecting various project types. This keynote panel will discuss the supply-demand imbalance, and how or if mechanisms are needed to overcome it. 

Led by: Dr. Jelena Janjusevic, Associate Professor of Finance, Heriot Watt University, Dubai
 

Bruce Johnson, Director, Corporate Finance and Treasury, Masdar 
 

Bart White, Managing Director, EMEA Head of Energy Structured Finance, Santander 
 

Allan Baker, MD - Global Head of Energy Transition, Societe Generale
 

Hanan Bakr Sakr, CEO & Founder, Al Ard
 

Institutions face mounting pressure to set sustainability targets, particularly around how lenders manage financed emissions portfolios. These targets directly influence appetite to participate in certain sectors, such as less carbon-intensive investments versus being heavily involved in the high-emissions energy projects. Lenders are becoming more selective, but has the bar been set too low for what qualifies as green finance? Should requirements be raised, or could regulatory measures stimulate greater demand? And are there creative ways to bring private sector funding into the picture, such as no capital gains tax on decarbonisation investments or R&D tax credits?

Led by: Vikram Raju, Managing Director and Head of Climate Investments, Morgan Stanley Investment Management 
 

Athmane Benzerroq, Chief Strategy Transformation Sustainability Officer, ADNOC Distribution 
 

Karim Arslan, Executive Director, Green & Sustainable Finance Originator, Green & Sustainable Hub, Natixis Corporate and Investment Banking
 

Razvan Dumitrescu, Head of Sustainable Finance, Emirates NBD Capital 
 

Jens Nielsen, CEO, World Climate Foundation 
 

Transition finance sets out to provide transparency around how finance is mobilised to reduce emissions.  Banks and financial systems are focused on risk return, but the finance community wants to show that it is taking accountability of scope 3 emissions through financed emissions pathways. There is also recognition that financing just pure plays is not enough and needs to go beyond clean energy, meaning more needs to be done around transition finance and how capital is mobilised. Here, we discuss the changing role of transition finance in decarbonisation.

Led by: Hanan Bakr Sakr, CEO & Founder, Al Ard
 

Raul Alfaro Pelico, Director - Knowledge, Policy and Finance Centre, IRENA
 

Rawan Oueidat, CFA, Director, Corporate Ratings, S&P Global Ratings 
 

Lina Osman, MD and Head - Sustainable Finance, Standard Chartered Bank UAE 
 

Sarya Kudsi, Executive Director, Head of Sustainable Banking, MEA, Credit Agricole
Corporate and Investment Bank 
 

Mike Canfield, Head of EMEA Sustainability Research, Morgan Stanley 
 

David Ramos, Senior Manager, Sustainability – MENAT, HSBC 
 

Martin Nagel, Director, Responsible Investing, Mubadala 
 

Sam Shin, Senior Manager, Research & Policy, UAE Independent Climate Change Accelerators 
 

With strong links between Islamic finance and sustainability, this discussion will highlight how Shariah-compliant financial instruments can be used to fund green and environmentally friendly projects across different industries in the region. It will explore key principles of Islamic finance and how it fits with the major development plans in the region, the benefits shariah compliance can bring when mobilising green investments.

Led by: Naveen Raza, Net Zero Transition & Partnerships, HSBC 
 

Dr. Adnan Aziz, Chief Program Officer, Global Islamic Finance Program for
Climate, Nature, and Development 
 

Omar Sheikh, Managing Director, Global Ethical Finance Initiative
 

ClimateTech plays a pivotal role in our transition to a sustainable future. However, funding this critical sector remains a challenge. Many of the technologies needed for climate adaptation and mitigation, including AI-driven solutions, are either yet to be invented or lack sufficient financing to scale. What is required to bridge this gap - more flexible or innovative financing, regional cooperation, improved regulatory frameworks or more? 

Led by: Mikael Down, Executive Director, Head of EMEA Sustainable Solutions, Morgan Stanley 
 

Jana Elkova, Strategy & Entrepreneurship Expert, Ministry of Economy, UAE
 

Oliver Phillips, Regional Head of Sustainable Finance, Barclays Bank CIB 
 

Lucy Chow, Partner, Asian Impact Leaders Network
 

The mobilisation of capital in the Global South has many hurdles and challenges to overcome. Despite pledges, the Global North still sucks up most capital, and funds dedicated to the Global South can be slow to develop. Understanding the role of different components, such as grants, philanthropy and commercial investments, is crucial. What must the financial community do to reduces levels of frustration around the slow deployment of funds, how do they avoid accusations of greenwashing, and what regulatory changes would help this underserved market? 

Led by: Prof. Charilaos Mertzanis, Professor of Finance, Abu Dhabi University
 

Jean Morcos, Senior Investment Officer and Regional Sustainable and Climate Finance Lead, Infrastructure Department, International Finance Corporation 
 

Mazin Khan, CFO, Masdar
 

Tammer Qaddumi, General Partner, VentureSouq Management
 

Bharat Singh Rajput, Senior General Manager (Projects), Indian Renewable
Energy Development Agency