Amsterdam as a centre for Sustainability and Finance Reiniera van Pallandt Financial Sector Advisor to the City of Amsterdam [email_address] 10 juni 2009

The Mayor of Amsterdam May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Sustainable Energy May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Climate Ambitions 40% CO2 reduction in 2025 compared to 1990 level Amsterdam Municipal organization climate neutral in 2015 – buildings, public lighting and public transport using sustainable energy or carbon setoffs Now already trams, metros and public lighting working on green electricity from Waste to Energy Plant 30% of cities energy is generated from renewable energy by 2025 Part of Clinton Global Initiatives; Connected Urban Development – investing in smart work centers and green data centers Establishment of Amsterdam Climate Office - monitor

40% CO2 reduction in 2025 compared to 1990 level

Amsterdam Municipal organization climate neutral in 2015 – buildings, public lighting and public transport using sustainable energy or carbon setoffs

Now already trams, metros and public lighting working on green electricity from Waste to Energy Plant

30% of cities energy is generated from renewable energy by 2025

Part of Clinton Global Initiatives; Connected Urban Development – investing in smart work centers and green data centers

Establishment of Amsterdam Climate Office - monitor

Sustainable Mobility May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Mobility Ambitions 40% of all transport movements done by bicycle, 60% in city center Focus on electrical transport; cars, scooters, taxis and hydrogen buses Considering environmental zone for cargo transport Encourage car sharing City together with multinationals set up plan to reduce rush hour kilometers by 10% in next 2 years

40% of all transport movements done by bicycle, 60% in city center

Focus on electrical transport; cars, scooters, taxis and hydrogen buses

Considering environmental zone for cargo transport

Encourage car sharing

City together with multinationals set up plan to reduce rush hour kilometers by 10% in next 2 years

Sustainable Buildings May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Building Ambitions Amsterdam Municipality climate neutral by 2015 All new buildings climate neutral by 2015 Climate neutral; no use of fossil fuels for heating or compensation Houses have some sort of own energy generating capacity Current buildings 40% CO2 reduction by 2025

Amsterdam Municipality climate neutral by 2015

All new buildings climate neutral by 2015

Climate neutral; no use of fossil fuels for heating or compensation

Houses have some sort of own energy generating capacity

Current buildings 40% CO2 reduction by 2025

Sustainability and finance May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Assets Under Management in Sustainable Investment Strategies Source: EUROSIF –European Social Investment Forum-, European SRI Study 2008 May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City Region or country Total SRI (Bln Euro’s) Europe 2,665 United States 1,917 Canada 334 Australia 41 Japan 6 Total 4,963

Amsterdam as a location of expertise for Sustainability and Finance May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City A Strong Track Record in Sustainable investing and associate businesses…. ASN Bank (1960), largest microfinance fund worldwide ABN AMRO leading founder of Equator Principles PGGM and APG world’s largest CSR investors

A Strong Track Record in Sustainable investing and associate businesses….

ASN Bank (1960), largest microfinance fund worldwide

ABN AMRO leading founder of Equator Principles

PGGM and APG world’s largest CSR investors

Amsterdam as a location of expertise for Sustainability and Finance May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City … Leads to the presence of a strong support Industry and NGO’s… SRI Rating Agencies, such as Sustainalitics (Dutch Sustainability Research Institute) Global Reporting Initiative (GRI) Headquarters and conference in Amsterdam TBLI located in Amsterdam

… Leads to the presence of a strong support Industry and NGO’s…

SRI Rating Agencies, such as Sustainalitics (Dutch Sustainability Research Institute)

Global Reporting Initiative (GRI) Headquarters and conference in Amsterdam

TBLI located in Amsterdam

Amsterdam as a location of expertise for Carbon Trading Dutch market share of 20% of worldwide carbon trading market (total of 40 billion Euro) Energy exchange (APX) Energy derivatives exchange (Endex) Physical clearing and settlement of Hydrocarbon contracts Expertise in legal, finance and insurance expertise May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City Amsterdam world leader in construction, standardization and certification of carbon emission rights

Dutch market share of 20% of worldwide carbon trading market (total of 40 billion Euro)

Energy exchange (APX)

Energy derivatives exchange (Endex)

Physical clearing and settlement of Hydrocarbon contracts

Expertise in legal, finance and insurance expertise

The creation of…. The Centre for Sustainability and Finance Participants: Government, NGO’s, Private Financial Institutions Role: Expertise centre Organiser of conferences and seminars Link between government and corporates NGO engagement platform Education and knowledge centre Communication centre May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Participants: Government, NGO’s, Private Financial Institutions

Role:

Expertise centre

Organiser of conferences and seminars

Link between government and corporates

NGO engagement platform

Education and knowledge centre

Communication centre

May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City CFS Board CFS Director CFS Operations Academia Universities Duisenberg School of Finance European Centre for Corporate Engagement Not for profit Point Carbon Carbon Expo Eurosif Dutch Banking Association Holland Financial Centre Global Reporting Initiative (GRI) Equator Principles Governmental body's UNEP-FI UN Global Compact Ministeries Supervisors City of Amsterdam Financial sector De Brauw Blackstone Westbroek Deloitte KPMG Rabobank ABNAMRO ING Fortis SNS Reaal PGGM ABP Robeco Centre Finance & Sustainability

Summary Amsterdam is a Green Capital Amsterdam is a centre for sustainability and finance To bundle our ambitions, we are creating the Centre for Finance and Sustainability QUESTIONS? May, 2009 TBLI Conference Yokohama Amsterdam Sustainable City

Amsterdam is a Green Capital

Amsterdam is a centre for sustainability and finance

To bundle our ambitions, we are creating the Centre for Finance and Sustainability

QUESTIONS?