Resource Mobilization and Innovative Finance: Advancing Sustainable Bond Markets Through Strategic Partnerships in LAC
CAF- development bank of Latin America and the Caribbean, the United Nations Development Programme and the Permanent Mission of Uruguay to the UN invite you to participate in the event "Resource Mobilization and Innovative Finance: Advancing Sustainable Bond Markets Through Strategic Partnerships in LAC " that will take place on February 11th in the United Nations Headquarters in New York City.
Event date:
February 11, 2025
In person
The Fourth International Conference on Financing for Development (FfD4) highlighted the critical need for innovative financing mechanisms to achieve the Sustainable Development Goals (SDGs). The Addis Ababa Action Agenda remains a central guiding framework, emphasizing the importance of aligning financial flows with sustainable development objectives. With growing economic and environmental challenges, fostering innovative financial solutions has never been more critical to ensuring sustainable development in Latin America and the Caribbean (LAC). In this context, Sustainable Finance Instruments (SFIs) have emerged as powerful tools to mobilize resources for sustainable development in the region.
This roundtable aims to establish a foundation for strong partnerships among multilateral development banks (MDBs), UN entities, and investment banks (together, “global development institutions”), enabling innovative solutions and joint efforts to advance sustainable bond markets in LAC. By aligning expertise and resources, these collaborations can drive meaningful progress toward achieving the SDGs and fostering sustainable development across the region.
- Identify Critical Development Finance Needs in LAC: Facilitate a collaborative workshop with contributing global development institutions to identify critical needs in the LAC region and explore how SFIs can address funding gaps.
- Explore Collaborative Opportunities: Identify pathways for collaboration between UN entities, MDBs, and other stakeholders to innovate and expand SFIs.
- Support Bond Markets in LAC: Develop joint strategies for scaling up sustainable bond markets, leveraging expertise from global development institutions.
Date: February 11th, 2025.
Time: 10:00 - 11:30 (EST)
Location: Conference Room 6. United Nations Headquarters in New York City.
*Registration to attend is mandatory*
Key Discussion Points
1. Current Landscape of SFIs in LAC:
- Case studies of successful SFI projects in the region.
- Opportunities for expanding SFI issuances in LAC, including regional/national (green/sustainable) taxonomy considerations.
2. Innovative Finance Mechanisms:
- Blended finance as a tool for de-risking investments in SFIs.
- Thematic issuances and which themes (or SDGs) can be a priority for LAC (blue, biodiversity, social inclusion, etc.) and how these may impact market activity.
- Contributions from UN entities, MDBs, and investment banks, such as technical expertise or convening power, to enhance bond credibility.
3. Collaboration Among Key Stakeholders:
- Joint efforts to support SFI issuance by MDBs through capacity building and technical assistance.
- Potential alignment of SFIs with national development priorities, facilitated by engagement from UN entities and MDBs.
4. Challenges and Opportunities:
- Market barriers to scaling SFI issuance in LAC.
- Opportunities for regional cooperation and international partnerships to strengthen the market for SFIs.
Registration is now closed with a waiting list.
If a spot becomes available, you will be contacted directly by e-mail to receive a special pass to enter the United Nations.
Organized by
Programme
10:00 am – 10:10 am | Introduction
10:10 am – 10:35 am | Reimagining the Sustainable Capital Markets: Breaking Barriers & Scaling Innovation
10:35 am – 11:10 am | Solutions: Redefining Sustainable Finance Through Innovative Partnerships
11:10 am – 11:20 am | The Way Forward: Concrete Steps for Market Transformation
11:20am – 11:30 am | Event Closing Remarks & Informal Networking
Speakers
Herman Kamil
Director of the Sovereign Debt Management Unit at Uruguay’s Ministry of Economy and Finance
Uruguay
Paulo Barbieri
Thematic Debt Advisor, UNDP
María Paz Uribe
Principal Funding Officer, CAF
Michael Bellantoni
Vice President Sustainable Finance Capital Markets Americas, BNP Paribas:
Max Von Bonsdorff
Chief Partnership Officer, IFAD
Luciana Trindade de Aguiar
Senior Advisor for Private Finance for the SDGs, UNDP
Patricio Scaff
Principal Executive, Global Partnerships. CAF- Development Bank of Latin America and the Caribbean.
Roger Sánchez
Head of Securities Management at the Ministry of Finance of Honduras
Herman Kamil
Director of the Sovereign Debt Management Unit at Uruguay’s Ministry of Economy and Finance
Uruguay
Paulo Barbieri
Thematic Debt Advisor, UNDP
María Paz Uribe
Principal Funding Officer, CAF
Michael Bellantoni
Vice President Sustainable Finance Capital Markets Americas, BNP Paribas:
Max Von Bonsdorff
Chief Partnership Officer, IFAD
Luciana Trindade de Aguiar
Senior Advisor for Private Finance for the SDGs, UNDP
Luciana Aguiar is the Global Sustainable Finance Impact Manager in the Sustainable Finance Hub at the UNDP. She also coordinates the UNDP Sustainable Finance Hub efforts with the Regional Bureau for Latin America and the Caribbean. Luciana is an experienced specialist in helping the private sector contribute to development, impact management, business intelligence, innovation strategist, and a pioneer in implementing inclusive business solutions. Luciana holds a Ph.D. degree from Cornell University. As an entrepreneur, she co-founded a benefit company and was a partner in a business intelligence firm where she has held executive positions.
Patricio Scaff
Principal Executive, Global Partnerships. CAF- Development Bank of Latin America and the Caribbean.
Patricio Scaff serves as the External Relations Coordinator at CAF, where he leads efforts to drive a comprehensive agenda for fostering development partnerships, supporting resource mobilization, and promoting knowledge-sharing initiatives, such as through CAF Conferences. Before joining CAF, he worked as a Democratic Governance Specialist for Central America and the Caribbean at the French Ministry of Foreign Affairs, managing regional integration projects, particularly in health, security, and justice sectors. He also worked for the Fondation Nationale des Sciences Politiques and the French National Committee of UN Women, focusing on resource mobilization and building strategic partnerships, especially with the private sector. He began his studies at the School of Government and Public Management at the University of Chile and holds a BA and a master's degree in Political Science from Sciences Po Paris, with a specialization in Latin America and the Caribbean.
Roger Sánchez
Head of Securities Management at the Ministry of Finance of Honduras
