Investment Stakeholders Networking Session
“Energy efficiency initiatives in the residential sector in Mexico” – Development Bank of Mexico (NAFIN) and the Secretariat of Energy of Mexico (SENER):
Nacional Financiera (NAFIN), Mexico’s largest development bank, has fostered and supported green projects in renewable energy and energy efficiency even before the recently approved energy reform. For example, from 2003 to 2008, NAFIN, together with other federal government institutions, implemented the “Energy Saving Financing Program” which benefited 700,000 users, generated savings of 143 MW and 2,131 GW/Hrs, and created 1,950 direct employments and 9,325 indirect employments.
In February 2009, the Mexican institutions, NAFIN and the Ministry of Energy (SENER), started to operate the “Efficient Lighting and Appliances Replacement Programme” through a Mexican executing agency, FIDE (Trust fund for the Electric Power Saving). For this energy efficiency program, NAFIN and SENER became the borrowers, whilst KfW and the World Bank the lenders of the Clean Technology Fund and the Global Environmental Facility.
- Mr. Juan Pablo Newman, Deputy General Director of Treasury and Markets, Development Bank of Mexico [Download]
- Ms. Gabriela Reyes Andres, Director of Sustainable Use of Energy, Ministry of Energy [Download]
“Creating Shared Value and meeting our commitments” – Nestlé:
For a company to be successful in the long term and create value for shareholders, it must also create value for society. Nestlé calls this Creating Shared Value; and it is an approach adopted by the business as a whole. The concept aims to create superior, long-term value for shareholders by offering products and services that improve nutrition, health and wellness. Through the network of research centres and specialised business units it is also ensured that we invest in the future health and wellness of consumers. Good nutrition will play an ever more important role in the health and wellness of individuals and society. The firm’s Creating Shared Value programme also encompasses water and rural development. Water scarcity is a serious issue in many parts of the world and water is crucial for food security. On the rural front the wellbeing of farmers, rural communities, small entrepreneurs and suppliers is intrinsic to the long-term success of Nestlé’s business.
- Mr. John Bee, Public Affairs Communications Manager, Nestlé S.A
“Impact investing in Africa” – Symbiotics:
Africa holds enormous potential for investment, corresponding with strong economic growth on the continent. How can these investments reach out to people living at the base of the pyramid? Impact investing seeks to combine business decisions that make sense both from an investment perspective and social or environmental impact. The firm presented different strategies and approaches to impact investment.
Panel moderated by:
- Mr. Fabio Sofia, Director Investor Relations, Symbiotics [Download Presentation]
“Multi-stakeholder planning, monitoring and evaluation of sustainable development policies” – Millennium Institute:
The Millennium Institute presented its multi-stakeholder approach to policy planning, as well as its system dynamics model (Threshold 21), which is used to play out different scenarios to inform sustainable development targets and policies, including for the upcoming SDGs. The T21 model has unique features, which makes it an easy to learn and use tool by locally-trained users in government, civil society, development partners and private sector. The model links in a dynamic and holistic manner the three dimensions of sustainable development (environment, society and economy), bringing together the different branches of government, or any entity using the model, to create synergies across and within the branches and avoiding negative feedbacks. MI emphasizes the empowerment and ownership aspect of the approach and tools by the users, in the spirit of the 2000 Paris Declaration. Together with its partner, the Biovision Foundation, MI has engaged in a new program, Changing Course in Global Agriculture” (CCGA), as a follow-up of the IAASTD recommendation to have a national assessment of the agriculture and food system, to define new policies that will lead to sustainable agriculture and food security as reiterated in the Rio+20 Declaration. In this context, experiences from its country-level pilot projects were presented.