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2 May 2012
Responsible investing for foundations, institutions & individuals
The Liechtenstein Congress offers a global forum for new insights and best practices. The role of foundations and their responsible investment policy, accountability and legal discretion in sustainable action are in the spotlight. Foundations control large volumes of financial assets, beyond the realm of corporate decisionmaking, public policy and civic accounting frameworks. Herein lie great opportunities in the making of choices for the common good, while securing investments for foundation sponsors, contributors, investors and foundation boards.

Today most foundations keep their mission and their investment strategy apart. But they increasingly face criticism that some investments create confl icts with their missions, for example when health organisations invest in tobacco companies or coal production. Yet a number of pioneering foundations have come to the understanding that investments in line with their mission are not only possible, but also profitable and a perfect tool to finance development activities supported by grants.

The congress explores encouraging examples and discusses barriers for a broader implementation of mission based investments. Overriding challenges are posed by a global shift in resource policies, taking account of a decline in energy risks, climate change and broad natural resource depletion. Rising gaps between the wealthy and a growing worldwide class of poor, malnutrition and infant mortality are but some of the many equity challenges addressed by an increasing number of responsible foundations.


0830


Registrations and coffee





0900


Welcome by the Prime Minister, Klaus Tschütscher













The sustainable economy is a stable economy
Introduction, Peter Droege, Professor of Sustainable Spatial Development and Chair, University Senate, University of Liechtenstein





Global outlook 2020-2040 and the politics of climate change
Lord Anthony Giddens, Professor, London School of Economics









Positions and policies dialogue

Suzanne Biegel, Director, Catalyst at Large Ltd, London
Jon Cracknell, JMG Foundation, Liechtenstein
Cath Tillotson, Chief Investment Advisor, Scorpio Partnership, London






Sustainability in practice: strategic directions roundtable
Chair: Joachim Klement, Partner, Wellershoff & Partners Ltd.





1100



Morning Break





1130


Foundations for a sustainable world





Potential and evolution of foundations: rise of the ethical financial institution
Christa Velasquez, Senior Fellow, Initiative for Responsible Investment, The Hauser Center for Nonprofit Organizations, Harvard University





Responsible investments by foundations from a legal perspective
Dominique Jakob, Head of the Centre for Foundation Law and Chair in Private Law, University of Zurich





Sustainability in practice 2: action and practice forum Session speakers with:

Julia Balandina, Founder and Managing Director, JBJ Consult
Fredrik Gunnarsson, Administrative Chief, Mistra Foundation
Ivo Knoepfel, Founder and Managing Partner, OnValues

Chair: Francesco Schurr, Chair of Company, Foundation and Trust Law, University of Liechtenstein





1300



Lunch





1400


Climate and energy resilient investing





Breaking the funding deadlock:  financing the transition to a green global economy

Jakob von Uexkull, Founder and Chair, Management Board, World Future Council





Carbon based investment strategies
Christoph Sutter, CEO & Chairman, South Pole Carbon Asset Management Ltd





Renewable energy finance strategies
Olaf Weber, Director Environmental Affairs, KfW Bankengruppe









1530




Discussion
Chair: Ingeborg Schumacher, Director Responsible Investing, Kaiser Partner





1545



Afternoon Break





1615


Workshops





Workshop 1: sustainability frameworks for foundations

- Bernd Hammermann, Head Public Registry and Bureau of Foundation Compliance, Government of Liechtenstein
- Nicolas Vernier, Philanthropy adviser, Fondation de Luxembourg

Chair: Beate Eckhardt, Swissfoundations







Workshop 2: the carbon and microfinance perspective

- Richard Voegeli, University of Liechtenstein and LIFE Climate Foundation
- Fortunat Walther, Geschäftsführer, Medicor Foundation
- Peter Spinnler, Initiator, EMF Microfinance Fund
- Christoph Dreher, Managing Partner, CSSP and CEO MIL - Microfinance Initiative Liechtenstein

Chair: Jakob von Uexkull, World Future Council






Workshop 3: mission based and impact investments

‐ Julia Balandina Jaquier, JBJ Consult
- Suzanne Biegel, Director, London
- Fredrik Gunnarsson, Mistra Foundation
- Oliver Karius, LGT Venture Philanthropy Foundation

Chair: Oliver Oehri, Managing Partner, CSSP






Workshop 4: sustainable investment strategies for foundations

- Lukas von Orelli, Managing Director, Velux Foundation
- Tobias Reichmuth, Founder and CEO, SUSI Partners AG
- Ivo Knoepfel, Founder and Managing Partner, OnValues

Chair: Ingeborg Schumacher, Kaiser Partner






Workshop 5: investment behavior of foundations

- Marco Menichetti, Chair in Business Administration, Academic Director MSc in Banking and Financial Management, University of Liechtenstein
- Christa Velasquez, Harvard University
- Cornelius Pietzner Managing Director, Alterra Impact Finance GmbH, Zurich

Chair: Cath Tillotson, Scorpio Partnership






Workshop 6: sustainable investments from a legal perspective

- Rupert Count Strachwitz, Director, Maecenata Institute for Philanthropy and Civil Society
- Dominique Jacob, University of Zurich

Chair: Francesco Schurr, University of Liechtenstein






1730



Wrap-up and workshop end





1800


Commencement evening reception




All program elements are subject to change without notice