About the symposium 2018



The host of The Ny-Ålesund Symposium 2018 is  Ms. Ine Eriksen Søreide, Minister of Foreign Affairs, Norway. International high-level participants will address the Symposium, including politicians, renowned scientists and business executives. Participation is limited to 45, by personal invitation only.

Navigating Climate Risk

September 17 - 19, 2018

Climate risk is a top concern for many investors. Extreme weather events orclimatic changes are affecting the bottom line of a growing number of corporations across the world. The past year, we experienced how hurricanes and floods in the US and Asia caused damage to infrastructure and interrupted supply chains. Scientists expect these extreme events to get worse because of climate change, while also slow-onset changes in temperature and sea level seem to be happening earlier and more broadly than anticipated.

Simultaneously, countries are tightening their climate policies in order to fulfil their
pledges under the Paris Agreement.

Across the world, new low-carbon technologies are rapidly developed and adopted, replacing fossil-fuel driven operations.

The financial impacts of these changes in the climate and the economy can be far-reaching, both negatively, e.g. infrastructure damage, and positively, e.g. new investing opportunities arising.

An increasing group of investors is divesting from assets like coal or Arctic oil, to avoid future financial losses, while at the same time, the global market for green bonds and sustainable investments  grows exponentially.

The Paris Agreement and the Financial Stability Board’s Task Force for Climate-Related Financial Disclosures have increased investors’ focus and transparency on climate risk.

The Ny Ålesund symposium offers a forum for high-level discussions with an exclusive group of up to 45 influential investors, business executives, decision makers and top scientists. The  research station of Ny Ålesund gives the opportunity to enjoy the breathtaking scenery but also to experience the consequences of climate change at close hand.

Discussion topics are climate scenario planning, green bonds as a way of limiting climate risk and extreme weather and the physical risk of climate change. The symposium is also an opportunity to explore how the dialogue between scientists, investors and decision makers on climate risk can be improved and sustained. 

Last updated: Sep 15, 2018