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SESSION 3: WHAT SHOULD
BE THE OUTCOME FROM
THE 2019 HLPF SUMMIT?
F E L I X D O D D S : A D J U N C T P RO F E S S O R I N
E N V I RO N M E N TA L S C I E N C E S A N D
E N G I N E E R I N G U N I V E R S I T Y O F N O RT H
C A RO L I N A
WHAT TO DO ABOUT NEXT YEAR
1. How can we ensure that discussions in the lead-up and during the
2019 HLPF Summit serve as a catalyst for concrete action to
accelerate implementation of the 2030 Agenda?
2. What general guidance could the September 2019 HLPF
Summit provide on reform of the HLPF?
3. What elements should be included in the Political
Declaration to accelerate implementation?
4. Should the summit outcomes be such that they can lead to
concrete follow up?
2019 HLPF SUMMIT SERVE AS A CATALYST FOR
CONCRETE ACTION TO ACCELERATE
IMPLEMENTATION OF THE 2030 AGENDA
1. Link 2019 to 2020 โ€“ The SDGs and
the Paris Climate Agreement
2. A month per SDG โ€“ 16 months โ€“ 16
Goals Sept 2019 to Dec 2020
3. Focus on solutions, multi-
stakeholder partnerships to help
deliver the 2030 agenda
4. What are the key challenges to
implementation
2019 CRITICAL YEAR FOR SUSTAINABLE DEVELOPMENT?
โ€ข Jan to Aug 2019
โ€“ UNEA (March)
โ€“ WHO Assembly (May)
โ€“ UN Commissions on Status ofWomen, Social Development,
Population and Development, UN Forum on Forests
โ€“ HLPF (July) STI Forum (May)
โ€“ Too late for UNESCO, Rome based organizations?
โ€ข September 2019
โ€“ Secretary Generalโ€™s Climate Summit
โ€“ SAMOA Pathway Review
โ€“ 2030 Heads of State HLPF
โ€“ Finance for Development High Level Dialogue
And November 11-22 UNFCCC
Heads of State meetings 2019-2023-2027
Indicator review meetings 2020-2024-2028
An inter- linked agenda for Sustainable Development
WHAT GENERAL GUIDANCE COULD THE SEPTEMBER
2019 HLPF SUMMIT PROVIDE ON REVIEW OF THE HLPF?
1. A formal preparatory session of two weeks
for negotiating the HLPF Declaration
2. The new multi-year programme of work (2020-
2023) โ€“ People, Planet, Prosperity, Peace,
Partnership
3. Clear space to address issues in the 2030 Agenda
that are NOT in the SDGs and emerging
issues โ€“ we are not renegotiating the SDGs
4. A creative space for addressing the
interlinkage or Nexus issues each HLPF
5. Effective inclusion of preparatory work by the
Regional Commissions and the relevant UN
bodies
ELEMENTS SHOULD BE INCLUDED IN THE POLITICAL
DECLARATION TO ACCELERATE IMPLEMENTATION?
Means of Implementation
I. Financing
II. Capacity Building
III. Science, Innovation andTechnology
Development and Sharing
IV. Multi-stakeholder Partnerships and
Public Private Partnerships (protect
Public Goods)
V. Governance (Regional, National, Sub-
national)
ELEMENTS SHOULD BE INCLUDED IN THE POLITICAL
DECLARATION TO ACCELERATE IMPLEMENTATION?
VI. SDG Strategies โ€“
Voluntary national reviews
VII. How to address the 23
targets that will fall in
2020 and 2025
VIII. Interlinkages an trade offs
SUMMIT OUTCOMES THAT LEAD TO CONCRETE
FOLLOW UP
1. Finance
I. Credit Rating Agencies (95%)
II. Stock Exchanges
2. Governance (International.
National, Sub-national)
3. Capacity Building
4. Sustainable Development
Strategies andVNRs
5. Linking 2019 to 2020
Stock
Exchanges
4. Largest Asset Managers
Worldwide
(Willis Towers Watson, 2016)
1. BlackRock
2. Vanguard Group
3. State Street Global Advisors
4. Fidelity Investments
5. Allianz Group
6. J.P. Morgan Chase
7. Bank of New York Mellon
8. AXA Group
9. Capital Group
10. Goldman Sachs Group
2. Largest Investment
Consultants (Pensions &
Investments, 2016)
1. Mercer
2. Aon Hewitt
3. Russell Investments
4. Cambridge Associates
5. Callan Associates
A Few Players Control Much of the Flow
5. Largest Stock Exchanges
(World Federation of
Exchanges, 2016)
1. New York Stock Exchange
2. NASDAQ
3. Japan Exchange Group Inc.
4. Shanghai Stock Exchange
5. Euronext
6. Shenzhen Stock Exchange
7. LSE Group
8. Hong Kong Exchanges and Clearing
9. TMX Group
10. BSE India Limited
3. Largest Pension Funds
Worldwide
(Willis Towers Watson, 2016)
1. Government Pension Investment,
Japan
2. Government Pension Fund, Norway
3. Federal Retirement Thrift, US
4. National Pension, South Korea
5. ABP, Netherlands
6. National Social Security, China
7. California Public Employees, US
8. Central Provident Fund, Singapore
9. Canada Pension, Canada
10. PFZW, Netherlands
1. Best Broker Overall
(Extel, 2016)
1. Morgan Stanley
2. Bank of America Merrill
Lynch
3. UBS
4. Exane BNP Paribas
5. J.P.Morgan
6. Deutsche Bank
7. Citi
8. Credit Suisse
9. HSBC
10. Sociรฉtรฉ Gรฉnรฉrale
THANK YOU
Felix Dodds:
https://blog.felixdodds.net/
www.felixdodds.net
@felixdodds
felix@felixdodds.net
Adjunct Professor
in Environmental Sciences and
Engineering
University of North Carolina

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Session 3 felix dodds what should be the outcome from the 2019 hlpf summit

  • 1. SESSION 3: WHAT SHOULD BE THE OUTCOME FROM THE 2019 HLPF SUMMIT? F E L I X D O D D S : A D J U N C T P RO F E S S O R I N E N V I RO N M E N TA L S C I E N C E S A N D E N G I N E E R I N G U N I V E R S I T Y O F N O RT H C A RO L I N A
  • 2. WHAT TO DO ABOUT NEXT YEAR 1. How can we ensure that discussions in the lead-up and during the 2019 HLPF Summit serve as a catalyst for concrete action to accelerate implementation of the 2030 Agenda? 2. What general guidance could the September 2019 HLPF Summit provide on reform of the HLPF? 3. What elements should be included in the Political Declaration to accelerate implementation? 4. Should the summit outcomes be such that they can lead to concrete follow up?
  • 3. 2019 HLPF SUMMIT SERVE AS A CATALYST FOR CONCRETE ACTION TO ACCELERATE IMPLEMENTATION OF THE 2030 AGENDA 1. Link 2019 to 2020 โ€“ The SDGs and the Paris Climate Agreement 2. A month per SDG โ€“ 16 months โ€“ 16 Goals Sept 2019 to Dec 2020 3. Focus on solutions, multi- stakeholder partnerships to help deliver the 2030 agenda 4. What are the key challenges to implementation
  • 4. 2019 CRITICAL YEAR FOR SUSTAINABLE DEVELOPMENT? โ€ข Jan to Aug 2019 โ€“ UNEA (March) โ€“ WHO Assembly (May) โ€“ UN Commissions on Status ofWomen, Social Development, Population and Development, UN Forum on Forests โ€“ HLPF (July) STI Forum (May) โ€“ Too late for UNESCO, Rome based organizations? โ€ข September 2019 โ€“ Secretary Generalโ€™s Climate Summit โ€“ SAMOA Pathway Review โ€“ 2030 Heads of State HLPF โ€“ Finance for Development High Level Dialogue And November 11-22 UNFCCC Heads of State meetings 2019-2023-2027 Indicator review meetings 2020-2024-2028 An inter- linked agenda for Sustainable Development
  • 5. WHAT GENERAL GUIDANCE COULD THE SEPTEMBER 2019 HLPF SUMMIT PROVIDE ON REVIEW OF THE HLPF? 1. A formal preparatory session of two weeks for negotiating the HLPF Declaration 2. The new multi-year programme of work (2020- 2023) โ€“ People, Planet, Prosperity, Peace, Partnership 3. Clear space to address issues in the 2030 Agenda that are NOT in the SDGs and emerging issues โ€“ we are not renegotiating the SDGs 4. A creative space for addressing the interlinkage or Nexus issues each HLPF 5. Effective inclusion of preparatory work by the Regional Commissions and the relevant UN bodies
  • 6. ELEMENTS SHOULD BE INCLUDED IN THE POLITICAL DECLARATION TO ACCELERATE IMPLEMENTATION? Means of Implementation I. Financing II. Capacity Building III. Science, Innovation andTechnology Development and Sharing IV. Multi-stakeholder Partnerships and Public Private Partnerships (protect Public Goods) V. Governance (Regional, National, Sub- national)
  • 7. ELEMENTS SHOULD BE INCLUDED IN THE POLITICAL DECLARATION TO ACCELERATE IMPLEMENTATION? VI. SDG Strategies โ€“ Voluntary national reviews VII. How to address the 23 targets that will fall in 2020 and 2025 VIII. Interlinkages an trade offs
  • 8. SUMMIT OUTCOMES THAT LEAD TO CONCRETE FOLLOW UP 1. Finance I. Credit Rating Agencies (95%) II. Stock Exchanges 2. Governance (International. National, Sub-national) 3. Capacity Building 4. Sustainable Development Strategies andVNRs 5. Linking 2019 to 2020
  • 9. Stock Exchanges 4. Largest Asset Managers Worldwide (Willis Towers Watson, 2016) 1. BlackRock 2. Vanguard Group 3. State Street Global Advisors 4. Fidelity Investments 5. Allianz Group 6. J.P. Morgan Chase 7. Bank of New York Mellon 8. AXA Group 9. Capital Group 10. Goldman Sachs Group 2. Largest Investment Consultants (Pensions & Investments, 2016) 1. Mercer 2. Aon Hewitt 3. Russell Investments 4. Cambridge Associates 5. Callan Associates A Few Players Control Much of the Flow 5. Largest Stock Exchanges (World Federation of Exchanges, 2016) 1. New York Stock Exchange 2. NASDAQ 3. Japan Exchange Group Inc. 4. Shanghai Stock Exchange 5. Euronext 6. Shenzhen Stock Exchange 7. LSE Group 8. Hong Kong Exchanges and Clearing 9. TMX Group 10. BSE India Limited 3. Largest Pension Funds Worldwide (Willis Towers Watson, 2016) 1. Government Pension Investment, Japan 2. Government Pension Fund, Norway 3. Federal Retirement Thrift, US 4. National Pension, South Korea 5. ABP, Netherlands 6. National Social Security, China 7. California Public Employees, US 8. Central Provident Fund, Singapore 9. Canada Pension, Canada 10. PFZW, Netherlands 1. Best Broker Overall (Extel, 2016) 1. Morgan Stanley 2. Bank of America Merrill Lynch 3. UBS 4. Exane BNP Paribas 5. J.P.Morgan 6. Deutsche Bank 7. Citi 8. Credit Suisse 9. HSBC 10. Sociรฉtรฉ Gรฉnรฉrale
  • 10. THANK YOU Felix Dodds: https://blog.felixdodds.net/ www.felixdodds.net @felixdodds felix@felixdodds.net Adjunct Professor in Environmental Sciences and Engineering University of North Carolina