In the 2nd IFC-Euro Finance Week Conference, “Emerging Markets and the New Normal,” on November 18 in Frankfurt, Miss Wandee Khunchornyakong was invited as one of panelists on the topic “Low-Carbon Growth in Emerging Markets: What Role for the Private Sector?” among top-level chairmen and experts in Renewable Energy field, for instance Mr. Bernard Raberger (Vice Chairman EnerjiSA), Mr. Caio Koch-Weser (Vice Chairman, Deutsche Bank) and Ms. Claudia Kenfert (Head of the Department of Energy, German Institute for Economic Research)
Ms. Rachel Kyte, IFC’s Vice President of Advisory Services, has moderated the session initiating a lively discussion based on the following issues;
• Low carbon growth cannot be achieved only with public sector financing
• What public-private mechanisms can reduce and share the risks of private investment in climate-friendly technologies and infrastructure (e.g. loss guarantees, insurance, backstop facilities, tariff guarantees)
• Does financing climate change require a new bond architecture What should be the role of climate change funds and other long term investment products?
Furthermore, Miss Wandee Khunchornyakong identified the key factors that have contributed the resurgence in investor interest in Renewable Energy, particularly the Thai solar power sub-sector in recent years. She also shed some light on the public-private partnership structure in catalyzing Renewable Energy development in Thailand. Last but not least, the panelist figured out the potential of solar power in playing a key role in Thailand's low-carbon growth strategy and the future of solar power expansion in other countries in Asia.
It is estimated that the 13th Euro
Finance Week attracted more than 10,000 visitors from 60 Nations. About
550 speakers from the international finance and insurance industry met
and discussed in this conference. In addition to German and European
press, international media partners International Herald Tribune and
CNBC provided media coverage during and in the lead up to the event.