Parallel 4C

Nanno Kleiterp, Chairman of the Board, Andgreen Fund

Former CEO of the Dutch Development Bank (FMO) (2008-2016) where he worked for almost thirty years, Nanno is the Chairman of the Board at the &Green Fund, a blended finance fund that brings together private and public actors to encourage forest protection and restoration when financing agricultural commodities sourced from tropical landscapes. The &Green Fund’s impact targets include >US$ 2 billion in investments catalysed, 5 million hectares of tropical forest protected, conserved, or restored, and 500,000 households benefiting from the Fund with a focus along the value chain of commodity production in soy, livestock, palm oil, and forestry in tropical countries globally.

Nanno is also the independent Chairman of the European Development Finance Institutions (EDFI). The EDFIs manage a joint investment portfolio of more than US$ 50 billion from 15 European development banks financing private business in emerging markets in sustainable projects and companies. Nanno is also a Senior Fellow at the World Resources Institute where he advises on finance, business and the private sector in land restoration, land protection and food loss and waste.

Bas Rüter, Director of Sustainability, Rabobank

Bas Rüter has served as Director of Sustainability at Rabobank since February 2012. Rabobank’s US$ 1 billion blended finance sustainability fund – part of the Kickstart Food program – in partnership with UN Environment was launched in October 2017 and is a crucial platform to promote farmers’ transitions to more sustainable practices in food supply chain transparency. The programme, set to last three years, will mix grant and low interest rate loans with insurance products and provide regular monitoring of farmers’ activities along sustainability metrics. This initiative fits into Rabobank’s broader intention to increase support for food production efforts by 60% toward 2050 while reducing the sector’s environmental footprint by 50%.

Bas holds various Chairs and Board positions, including as Chairman of the Finance Committee of Climate Smart Agriculture at the World Business Council for Sustainable Development, Chairman of the Investment Committee at SHIFT Invest, and Chairman of the Supervisory Board at the Dutch Greentech Fund. Bas holds a Master’s degree in Biology from Wageningen University.

Juliana Santiago, Head of the Amazon Fund, BNDES

Juliana is the Head of the Amazon Fund at the Brazilian Development Bank (BNDES). Juliana has worked for BNDES for more than twelve years. Prior to joining BDNES, she worked on a variety of development financing projects in waste management, sanitation, urban infrastructure, and social inclusion.

Founded in 2008 (and thus celebrating its 10-year anniversary this week in Oslo), the Amazon Fund is a REDD+ mechanism which marshals financing to bring together conservation and development efforts in the Brazilian Amazon. The Fund supports projects related to sustainable forest management, environmental control, monitoring and inspection, ecological and economic zoning, preservation and sustainable use of biodiversity, and recovery of deforested areas. The Fund is currently supporting 97 projects with more than US$409 million disbursed and nearly US$700 million in Fund support.

Heidi Finskas, VP Corporate Responsibility, KLP

Heidi Finskas serves as the VP of Corporate Responsibility at KLP, one of Norway’s largest life insurance companies. In both her current and previous roles at KLP, Heidi manages the implementation and development of KLP’s responsible investment policy and ownership principles. She is Chair and Co-Founder of Norsif, the industry association of asset owners, managers, service providers, and industry associations interested in sustainable and responsible investment and is on the Board of the Karibu Foundation, which supports the critical analysis of narratives of power and development in the Global South.

KLP’s Corporate Responsibility policy recognises that delivering competitive returns for their owners does not need to come at the expense of investing responsibly. The UN’s Global Compact and its 10 principles inform KLP’s own sustainable development processes. Ethical filtering of all investments in securities has been completed since 2002 and a list of excluded companies is provided on the website. Given KLP is responsible for the pension assets of more than 500,000 Norwegians, they seek to advance responsible, transparent asset management through dialogue and disclosure.

Claudia Martínez, Director, E3-Ecologia, Econima y Etica / Board of Directors, & Green Fund

Claudia Martinez has more than 30 years of practical experience in sustainable development, finance and climate change. She is the Director of E3- Ecology, Economics and Ethics (www.e3asesorias.com), supporting innovating programs and actions to foster sustainable development, new economies and financial schemes in Colombia. She is also a member of the independent advisory Panel of the Green Climate Fund (GCF) where she has assessed all the projects presented to the fund since its inception.

For the last 7 years she was the representative of the Climate Knowledge Development Network (CDKN) in Colombia, supporting the climate finance strategy for the country and the green bond road map. She was Director of the Office of Sustainable Development and later Vice President for Social and Environmental Development at the Latin American Development Bank (CAF) managing a portfolio of innovative financial programs including the Latin American program on Carbon-PLAC.

She was Deputy Minister of Environment of Colombia coordinating the biggest loan for forestry ever taken by the country. She was an environmental officer for the Latin American Bureau of the United Nations Development Program (UNDP) in New York. She is currently in the board of directors of “and Green Fund” and was previously in the boards of CIFOR and CATIE.

Moderator: Per Fredrik Ilsaas Pharo, NICFI

Per is the Director of the Government of Norway’s International Climate and Forest Initiative (NICFI) at the Norwegian Ministry of Environment. He previously worked at McKinsey & Company’s Oslo office, at the Norwegian Ministry of Defence on security and defence transformation, and as a researcher at the Norwegian Institute of Defence Studies. He was recently honoured by Unilever’s CEO – Paul Polman – for his incredible contribution to the forests agenda.