Jeff Gitterman
Financial Revolution in Global Waste Management
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.At FullCycle, Stephan Nicoleau and his team invest in a complete "rehaul" of the market to recalibrate with precision, at massive scale, around the world to combat Climate Change. Synova, for example, can take the municipal solid waste and other forms of waste, such as agricultural waste, and can create energy from these things that were formerly put into the ground. From energy conversion to re-use of plastic, these impact initiatives are how capital markets flow are re-aligning to the most ESG oriented investments possible.
Climate Risk Bonds
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Welcome back LIVE from the Javits Center in The Nest Summit at Climate Week NYC with Michael Lewis, from DWS. Michael breaks down an essential financial stability topic and climate change from liability risk, physical risk, and transition risk. Where is technology going, where is the government going, etc. are the risks for transitions covered by DWS in their analysis of climate change. Michael discusses portfolio risk, how to identity concentrations, and where you are the most vulnerable to apply a proper ESG lens to investing in the New World.
Climate Change Social Networking
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Welcome to The Nest Summit at Climate Week NYC, powered by FINTECH.TV, where we discuss social networking sites and how Ingmar Rentzhog founded We Don't Have Time as Donald J. Trump, President of the United States of America, drove him to this action. Ingmar saw the problem with people being scared away as they spoke the truth. He broke through the barriers and shows the world how we can all be part of the change needed on climate change with technology combined with our will - enough people to do it.
Science & Investing: Addressing the Climate Imperative
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Tackling the increasingly urgent issue of climate change will require enormous amounts of capital—invested smartly. In that effort, climate scientists and investors can learn a lot from each other, an idea behind the collaboration among the investment professionals at AllianceBernstein and Columbia University’s climate experts. At all levels of the firm, AB is dedicated to asking the right questions and uncovering evidence to understand climate-related issues, make rational decisions, and identify solutions for the planet and the investment landscape.
Simulating Grounded Hope for the Climate: An Interactive Experience
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.In this interactive session, Andrew Jones of Climate Interactive and Gerold Koch of DWS will guide Governor Bill Ritter in creating his vision of a positive climate future using the decision-maker-oriented En-ROADS computer simulation. They will explore system-wide global solutions to climate change, including renewable energy, oil policy, carbon removal, energy efficiency, carbon pricing, electrification, and other policies. The simulator was built by Climate Interactive and MIT Sloan and has been used in settings ranging from the US Congress to the U.N. Secretary-General’s climate team to HSBC. Climate Interactive and MIT Sloan previously developed “C-ROADS”, the climate simulation that was used by John Holdren, Jonathan Pershing, and John Kerry in support of the Copenhagen and Paris climate summits.
Climate Risk Analysis and Financial Services: Best Practices
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.The goal of the Climate Service is to help investors, companies, and communities to understand their risks from the changing climate, and the opportunities from the transition to a low-carbon economy. Backed by an Advisory Board including 4 IPCC Nobel Prize-winning scientists, and strategic partners including Aon, IBM, the AICPA, and LMI Consulting, our mission is to embed climate risk data into financial decision-making and facilitate the world’s transition to a lower-carbon economy. The Climate Service Climanomics® software platform enables climate risk reporting and disclosure consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. Outputs from the platform measure and report transition and physical risk and opportunities in financial terms under different climate scenarios. Trusted by clients including the world’s largest banks, asset managers, real estate investors, Fortune 500 firms, and public bodies including the Federal Government, the platform was recently identified as a leader in climate risk analytics by Forrester Research. Investors and regulators around the world have been refining guidance on climate risk and moving closer, in a variety of ways, to making climate risk and TCFD reporting mandatory. The UK just announced its largest pension funds must publish disclosures by the end of 2022. UK banks and insurers are required to do so by the end of 2021. The Canadian government recently tied COVID recovery loans to climate risk reporting, and more. Financial institutions worldwide are employing the Climanomics® platform to support scenario analysis, model physical and transition risks as well as opportunities. During this session, Joseph Lake will touch on key best practices for climate risk analysis in financial services. This address will be given by Joseph Lake, COO of The Climate Service.
Municipal Bond Data and Climate Risk
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Municipal bond issuers are where the rubber meets the road on climate risk in the US. At the same tie as they must fund and execute climate adaptation and resilience projects for their jurisdictions and customers, the property value, infrastructure, and populations that underpin their financial health represent exposures to climate risk that will only grow with climate change. With data specific to all bond issuers and obligors now available to assess the need for investment and the risks of not doing so, thought leaders in fixed income are now deploying and integrating this data into strategies, workflows, and decisions. The panelists; Andrew Teras and Chris Hartshorn couple the perspectives of risQ, the emerging municipal climate risk data, and analytics provider, with Breckinridge, an established leader in thematic ESG fixed income investing, and how the municipal bond ecosystem can maximize its value and impact on maximizing climate hygiene.
Inequality, Housing and Climate Change
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Climate change exacerbates inequalities for low-income families in developing countries and in industrialized, wealthy ones as the Mother transcends all borders, languages, religions, and regional environmental issues. The underprivileged are of particular importance when planning, experts say, due to the nature of how countries, economies, and communities develop, integrate, and evolve with complementary aspects of humanity. One way to reduce the immediate and long-term impact of a disaster on low-income renters is to ensure that the rental properties they live in (affordable housing) can remain functional throughout the disaster and bounce back to normal operations quickly afterward. Lisa Davis from PGIM Real Estate discusses with Jeffery Gitterman at the Nest Summit.
Climate Risk and the Capital Markets
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Climate change creates risks and opportunities for the private sector in emerging markets and may impact financial institutions' performance and the companies they invest in. During the last 10,000 years, our climate has been very stable, and now is becoming unstable. Financial models that we are using models that are missing variables as they were designed without considering the non-linear changes. Spencer Glendon helps us better understand the fundamental risk that capital markets have with the inability to consider climate changes.
Climate Change & Shareholder Engagement with Bruce Duguid and Mark Sherlock
In partnership with the Climate Group and FINTECH.TV, The Nest Summit is an official event of Climate Week NYC, dedicated to advancing sustainability in the US by convening the organizations, visionary researchers, and influential policymakers driving climate action and leading the way to a cleaner and safer environment.Nearly all companies have exposure to climate change; we must commit to zero the carbon emission at the highest level. Shareholder engagement had never been more crucial on climate change that now, taking ownership of the decision-making of climate change adaption will improve long-term sustainability and stakeholder buy-in of climate change adaption interventions. Bruce Duguid and Mark Sherlock explain the importance of investment and engagement rather than divesting, how significant climate change is for stewardship, and some notable companies are working towards zero carbon emission.
Bruce Duguid
Head of Stewardship
Federated Hermes
Mark Sherlock
Head of US Equities, Lead Portfolio Manager
Federated Hermes
Adam Lake
Head of Climate Week NYC
Climate Group
Alan Steel
President & CEO
Javits Center
Britton Jones
Founder & CEO
The Nest Summit
Vince Molinari
Founder & CEO
FINTECH.TV
Tom Steyer
NextGen America Founder & Co-Chair
California's Business and Jobs Recovery Task Force
Lynn Martin
President & Chief Operating Officer
ICE Data Services
Pat Mitchell
Media Executive, Producer, Curator
Connecting with Women to Create Change
Dr. Ayana Elizabeth Johnson
Founder
Urban Ocean Lab & Ocean Collective
Dr. Katherine Wilkinson
Author, Co-Founder & Co-Director
All We Can Save Project
Naima Penniman
Artist, Activist, Co-Founder & Co-Artistic Director
Climbing Poetree
CRE Outlook: Back Up The Truck
TheIMPACT focuses on ESG, Impact Investing, and advancing the 17 United Nations-supported Sustainable Development Goals (SDGs).
The show profiles people and companies committed to changing lives and creating a sustainable world.Read Time: 1 minute, 17 secondsOn this segment of FINTECH.TV's TheIMPACT, our host from New York City, Jeffery Gitterman, is joined by the good doctor, Ph.D. Director of Investor Relations at Edgewood Capital, Bruce Kahn, where they discuss what real estate looks like in a post-COVID world.
Ranging from the retail, hospital, restaurants, rental housing, industrial, and additional asset classes, the illiquid real estate industry that is also the world's largest - valued around $220T before the start of COVID. This is an interview for industry veterans gearing up on how best to allocate, deploy, and balance exposure among their portfolio holdings.Where there is a Great Reset, there exists an unprecedented and once-of-a-lifetime opportunity. Jeff and our guest, Bruce Kahn, unpack the particulars and explore states from North Carolina to Colorado to New York that are purpose-built, address climate change and augment IRR all at the same time!
Energy use consumption, water consumption, and additional considerations allow you to make smart decisions, incorporate physical risks, and engineer specific models that take renovation, new construction, and other strategies into account.
These data-driven approaches use highly sophisticated modeling that is discussed further in the interview.Bruce breaks-down the differential analysis on how climate and real estate investing work, how impact is measured, and the realities of causality as asymmetrical events occur. This interview is an exposure exercise in long-tail risk classification, measurement, and hedging strategies for New World ESG investors.
Bruce and Jeff had a great time on this exclusive interview on FINTECH.TV and we hope you will enjoy it just as much, learning how real estate rescue capital from Edgewood Capital Advisors will impact the next round of refinancing permanent capital after COVID.
Visit Edgewood Capital Advisors on the Web:
https://www.edgewoodcapital.com/
Follow Edgewood on LinkedIn:
https://www.linkedin.com/company/edgewood-capital-advisors/
Climate Risk in Real Estate Investing
TheIMPACT focuses on ESG, Impact Investing, and advancing the 17 United Nations-supported Sustainable Development Goals (SDGs).
The show profiles people and companies committed to changing lives and creating a sustainable world.Join our host, Jeff Gitterman, on TheIMPACT with Sam Adams, Co-founder & CEO of Vert Asset Management.
Sam Adams is an environmentalist and a capitalist (yes, it is possible to be both at the same time!). Sam is passionate about nature, enjoys spending time outdoors, and believes in defending it - whatever it takes.
As an investment professional, he is a believer in markets' power and ability to solve problems when provided with the right information.
He founded Vert Asset Management to enable investors to accelerate the transition to a more sustainable investment future.To address climate change, we must understand that real estate is a significant driver of our professional lives that map into the higher system at large. As we look at specific considerations in ESG real estate strategies, we must consider the data:
40% of energy comes from buildings/offices;
Typical Americans spend 90% of their life indoors;
33% of all greenhouse gas emissions come from real estate.
Sam launched the ESG Real Estate Strategy about three years ago, which resulted in detailed data maps, layering, and capabilities that amplified their exponential approach alining principles with assets. By looking at, for example, previous rainfall and future assumptions, along with frequencies of flooding events and similar "force majeure" style events, the approach granularity follows.
From the recent acquisition of 427 by Moody's to companies Vert Asset Management works with to understand real insurance risk, value at risk (VAR), and other metrics, it is clear the advantage lies with those that are ESG focused!Jeff states that with the matriculation of risk in the marketplace, the investor can de-risk their portfolios against climate exposure. Sam agrees there exists a clear differential of information that some investors are paying attention to, while others are not at all whatsoever to their eventual peril.
It's the ultimate arbitrage on knowing what datasets are even available, what should be used, and then the real standards of the future driven by exponential leaders such as Sam and his team at Vert.
To learn more about Sam Adams, Vert Asset Management, and how they are changing the real estate investing game with data-driven ESG modeling, watch the interview exclusively on FINTECH.TV.
To Learn More About Vert Asset Management:
http://vertasset.com/
To Learn More About Vert Fund:
http://vertfunds.com/