Overview
CEBDS – the Brazilian Business Council for Sustainable Development is the WBCSD branch in Brazil and will host a session dedicated to new economic instruments about the impact of climate change on agribusiness and the importance of the Task Force on Climate-related Financial Disclosures (TCFD) to increase the transparency in the agriculture sector. CEBDS has dedicated several efforts to implement TCFD recommendations in Brazil as well as Climate Smart Agricuture targets. In both agendas, the leadership of CEBDS has promoted a series of actions in and with the private sector. Therefore, this event creates the opportunity for a debate among agribusiness companies regarding the vulnerability to climate change, the opportunities for new economic instruments and the importance of the dissemination of climate risk information in organizations’ financial statements.
O CEBDS vem movendo diversos esforços para implementação das recomendações da TCFD no Brasil, também como representante do Climate Smart Agriculture (Inteligência Agroclimática) do World Business Council for Sustainable Development (WBCSD) no país. Em ambas as agendas, a liderança do CEBDS vem promovendo uma série de ações no setor privado. Este evento cria a oportunidade de debate entre as empresas do agronegócio em relação à vulnerabilidade às mudanças climáticas, as oportunidades de novos instrumentos econômicos necessários e a importância da divulgação das informações de risco climático no balanço financeiro das organizações. Será uma sessão dedicada aos novos instrumentos econômicos sobre o impacto do risco climático no agronegócio e a importância da Task Force on Climate-related Financial Disclosures (TCFD) para evolução da transparência no setor.
Agenda
- 2:00 pm – 2:30 pm
Welcome Lunch
- 2:30 pm – 2:40 pm
Opening Remarks
- 2:40 pm – 3:15 pm
Panel 1: The economic impact of Climate Change on Agribusiness in Brazil
Taking into consideration CEBDS member companies, we notice a strong focus on understanding and identifying the impacts of the companies on the environment and not the other way around – how much climate change can impact business, for instance. In other words, companies worry about estimating their GHG emissions and establishing emission reduction targets, but there is still little on potencial physical risks as well as opportunities related to climate change. In Brazil, this is particularly important for the agriculture sector, the activity that most emits GHG and is, at the same time, the most vulnerable to climate change.
Cassio Franco Moreira – IFC Agriculture Advisor and Executive Secretary of ACOB
Eduardo Brito Bastos – Executive Director of the National Association of Cocoa Processors Industries and representative of the Brazil Climate, Forests and Agriculture Coalition
Moderator: Ana Carolina Szklo – Director of Institutional Development of CEBDS- 3:15 pm – 3:45 pm
Panel 2: The role of TCFD’s recommendations to increase transparency in the agro sector
CEBDS’ study on the TCDF – Task Force on Climated related Financial Disclosure launched on Bloomberg’s event main results indicate that the sector which needs most to evolve on its adherence to the TCFD is the one that contains agriculture, forest products and food and beverages. Aware of the country’s dependance on this sector, CEBDS envisages to replicate for the agriculture sector, a global work undergone by WBCSD for other setcors. This panel will present such work and the methodology and approach undertaken for other sectors, but that could be applied for agriculture.
Guillermo Carvajal – Sustainability Leader LATAM for Syngenta
Marcos Baruselli – National Manager of Containment for DSM
Moderator: Luke Blower – Representative of the World Business Council for Sustainable Development- 3:45 pm – 4:40 pm
Working Groups at Tables
- 4:40 pm – 5:00 pm
Working Group Review and Close
When & Where
April 25th, 2019
2:00 pm – 5:00 pm
Bloomberg São Paulo
Infinity Building
Rua Leopoldo Couto Magalhães Jr. 700
3o andar
São Paulo – SP – Brazil
HOSTED BY
- CEBDS