DAY 1

WEDNESDAY 29th MAY

To Conference agenda

To Day 2

To Day 3

The registration links provide access to all plenary sessions and parallel sessions A.
Streaming links for parallel sessions B and C are included in the programme below.

10:00-11:30

OPENING PANEL: A TRIBUTE TO DANIEL COHEN

11:40-13:10

Parallel Sessions 1

A- DEBT FOR NATURE SWAPS
B- THE CHALLENGE OF REDUCING DEBT (LINK TO LIVE STREAM)
C- CHINA AS A CREDITOR (LINK TO LIVE STREAM)

PANEL 2: Reemerging after a crisis - growth perspectives and financing

Chaired by Ishac Diwan, FDL

What happens after debt distress? As the number of countries in need of restructuring increases, it is essential to consider what life is like after default. What kind of growth dynamics can be expected, and what are the driving factors behind them? How do policymakers in distressed countries envision the aftermath of a crisis? What financing options are available after crises, and are the IMF and Multilateral Development Banks doing enough to support a return to a socially and financially sustainable growth path?

INVITED SPEAKERS:

Ishac Diwan, Director of Research, Finance for Development Lab, Paris School of Economics

Natalie A. Jaresko, EY-Parthenon Turnaround Strategy and Restructuring

Yannis Manuelides, Elmar Advisors Limited

Andrew Powell, Distinguished Visiting Professor, Williams College

Ishac Diwan

President, Finance for Development Lab

Natalie A. Jaresko

EY-Parthenon Turnaround Strategy and Restructuring

Debora Revoltella

Chief Economist, EIB

Starla Griffin

Stanley Advisors

Yannis Manuelides

Director, Elmar Advisors

Andrew Powell

Distinguished Visiting Professor, Williams College

15:40-17:10

Parallel Sessions 2

A- FROM THE 2001 DEFAULT TO JAVIER MILEI: A DISCUSSION OF ARGENTINA'S DEBT HISTORY AND CURRENT EVENTS
B- MONETARY AND FISCAL INTERACTION (LINK TO LIVE STREAM)
C- BILATERAL LENDING (LINK TO LIVE STREAM)

Panel 3: Debt sustainability in a warming world - new instruments?

Chaired by Amélie de Montchalin, Permanent Representative of France to the OECD

Debt and climate vulnerabilities are deeply interconnected. The investment needs for both mitigating and adapting to climate change will strain the balance sheets of governments, both in advanced and emerging economies. Climate-related shocks and slow-onset events will also make it difficult to repay debts, creating short- and long-term tensions. In June 2023, the "New Global Financing Pact" was established to propose solutions to this challenge. One year later, this panel will evaluate the progress made, promising solutions that should be expanded, and those that should be abandoned.

The panel will have a wide scope and will assess the progress of the global financial system in addressing debt issues in a warming world. Are new debt instruments like Sustainability-Linked Bonds and Loans, and labelled bonds capable of addressing these challenges? Will other contingent instruments help, and can they be adopted by the markets and official lenders? Do we require broader and deeper debt treatments? Panel participants will bring diverse perspectives to show how climate and financial vulnerabilities could reinforce each other.

INVITED SPEAKERS: