Monthly Meeting: COP26 Implications on Business and Investment

 

BCM DECEMBER MONTHLY MEETING (DRAFT AGENDA)

COP26 Implications on Business and Investment

 

Date: 9 December 2021

Time: 09:00 – 12:00

Language: English (with simultaneous translation)

Location: Ballroom (III), Shangri-La Hotel

 

Purpose: 

Climate policy is becoming an increasingly important determinant of the business environment. The renewed and increasedambition of climate pledges that came out of COP26 will spur new regulations, support green innovation and make additionalfinancing available. This will lead to a significant transformation of global business in the coming decades. BCM Monthly meeting intends to help businesses and investors understand where and how climate pledges have the potential to change the business environment.

 

08:30 - 09:00 Registration 

09:00 - 09:10 Opening remarks by Mr. Ts.Tumentsogt, Chairman of the Business Council of Mongolia 

09:10 - 09:25 Presenting the summary of COP26 as a host country

                    Mr. Philip Malone, Ambassador of the United Kingdom of Great Britain and Northern Ireland

09:25 – 10:05 Ambassadors roundtable “Perspectives on COP26”

Advanced economies’ perspectives on how to prioritize climate change in their strategies, using innovative approaches to meet international commitments and face potential implications to further shape their policies in pursuit of these common goals. Also, reflections from Ambassadors' points of views on necessary conditions for optimizing private sector investments.

 

Panelists:

HE Ms. Axelle Nicaise, Ambassador and the Head of the European Delegation to Mongolia 

HE Ms. Catherine Ivkoff, Ambassador of Canada to Mongolia 

HE Ms. Regina Rutenberg, Chargé d'affaires of Germany to Mongolia 

Mr. Gregory May, Deputy Chief of Mission U.S. Embassy Ulaanbaatar 

HE.Mr. Philip Malone, Ambassador of the United Kingdom of Great Britain and Northern Ireland to Mongolia 

HE Mr. Sebastien Surun Ambassador Extraordinary and Plenipotentiary of the French Republic to Mongolia 

 

Chair:

Mr. B.Byambasaikhan, Vice Chair of the Business Council of Mongolia 

 

10:05 – 10:20     Q/A

10:20 – 10:30     New Members Certificate

10:30 – 10:45     Coffee and tea break

10:45 – 11:00     Paris Agreement and market mechanisms 

                         Dr. Z.Batjargal, Special Envoy of Mongolia on Climate change, National Focal Point of Mongolia  for the UNFCCC 

11:00 – 11:40    How will emerging markets benefit from new carbon trading rules?

At the COP26, amid pledges to phase out the use of coal and reduce methane emissions, world leaders agreed to reform global carbon markets and improve rules about carbon trading, seen as key tools in the transition towards decarbonization. Carbon trading rules could determine how an emissions reduction achieved in onecountry can be sold to another country and, potentially, to a company. Emerging markets will be benefiting fromthe increased renewables investment.

 

Panelists:

Mr. Irmuun Demberel, Advisor to the Prime Minister on Economic and Investment Policy 

Mr. Randolph KOPPA, Executive Vice Chairman at Trade and Development Bank 

Dr. Z.Batjargal, Special Envoy of Mongolia on Climate change, National Focal Point of Mongolia for the UNFCCC 

Mr. E.Orchlon, Vice Chair of the Business Council of Mongolia 

Mr. E. Munkhbayasgalan, Deputy director and Chief engineer, Everyday Farm LLC, Monnaran 10MW Solar Power Plant 

 

Chair:

Mr. M.Bold, CEO, Mongolian Green Finance Cooperation 

 

11:40 – 12:00      Q/A