Sovereign Wealth and Pension Funds Dialogue

24 Oct 2018
15:30 – 18:00

Sovereign Wealth and Pension Funds Dialogue

Partnering for Long-term Sustainable Development

Sovereign wealth funds (SWFs) manage assets of over $6 trillion, and public-sector pension funds (PPFs) worldwide almost triple this figure. With a long-term investment horizon, these funds play a growing role as investors in SDG sectors, particularly in infrastructure, renewable energy, public health and education. However, only a small portion of their financial assets is currently dedicated to direct investment. This roundtable will bring together ministers, executives of SWFs and PPFs, other development financing partners, and investment experts to examine collaboration opportunities to mobilize more investment into SDG sectors.

Detailed Description:

The Sustainable Development Goals (SDGs), adopted by the United Nations Summit for Sustainable Development in 2015, constitutes an ambitious, overarching, universal action plan for sustainable development for the world by 2030. Achievement of the SDGs requires huge investment, in particular in key sectors such as infrastructure, food security and rural development, sustainable energy, public health and education. UNCTAD estimates that developing countries alone face an annual financing gap of $ 2.5 trillion for realizing the SDGs.

Sovereign wealth funds (SWFs) manage assets of over $6 trillion, and public sector pension funds (PPFs) worldwide almost triple this figure. With a long-term investment horizon, these funds, together with other development financing partners, such as the World Bank, regional development banks as well as other long-term institutional investors, have become important investors in SDG sectors, in particular in infrastructure, renewable energy, public health and education. However, only a small portion of the available ‘reservoir’ of their financial assets is currently dedicated to direct investment and most of these are in developed countries. Their potential contribution to sustainable development is far from being fully tapped.

The Dialogue will bring together ministers, executives of SWFs and pension funds, other development financing partners, and investment experts to engage in a dialogue to examine collaboration opportunities to mobilize more investment into SDGs, in particular in infrastructure development, and how sovereign wealth and pension funds, developing county governments, international organizations and other development partners can work together to facilitate these investments and maximize their development outcomes impact.

Issues for the debate:

  • What role can SWFs and PPFs play in promoting sustainable development through investment, particularly in infrastructure?
  • How can governments create a more conducive environment to encourage sustainable investment by these funds and maximize development benefits?
  • What role can international organizations such as UNCTAD play in facilitating investment by SWFs and PPFs in sustainable development?

Ms. Cate Ambrose

President & Executive Director, Latin American Private Equity & Venture Capital Association (LAVCA)

Mr. Deepak Bagla

Managing Director & CEO, Invest India

Mr. Magnus Biling

CEO, Alecta Pension, Sweden

Mr. Christopher Egerton-Warburton

Expert Advisory Board Chair, United Kingdom Global AMR Innovation Fund

Ms. Eva Halvarsson

CEO, The Second Swedish National Pension Fund (AP2)

Mr. Kevin Lu

Chairman of Asia, Partners Group, Singapore

H.E. Mr. Belachew Mekuria

Commissioner, Ethiopia Investment Commission

Ms. Renosi Mokate

Chair, Government Employees Pension Fund of South Africa

Mr. Shahmar Movsumov

Executive Director, State Oil Fund, Azerbaijan

Mr. Torben Möger Pedersen

CEO, Pension Denmark

Mr. Eugene O’Callaghan

Director, Ireland Strategic Investment Fund

Mr. Uche Orji

CEO, Nigeria Sovereign Investment Authority

Ms. Fiona Reynolds

CEO, UN Principles for Responsible Investment (UNPRI)

Dr. Mithilesh Kumar Sinha

CEO, IDFC Alternatives, India

Mr. Wang Yanzhi

Executive Director, Silk Road Fund, China

Mr. Laurent Zylberberg

Vice President, French Caisse des dépôts (CDC)