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 |
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Registrations and coffee |
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| 0900 |
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Welcome by the Prime Minister, Klaus Tschütscher
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The sustainable economy is a stable economy
Introduction, Peter Droege, Professor of Sustainable Spatial Development and Chair, University Senate, University of Liechtenstein |
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Global outlook 2020-2040 and the politics of climate change
Lord Anthony Giddens, Professor, London School of Economics |
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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
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Sustainability in practice: strategic directions roundtable
Chair: Joachim Klement, Partner, Wellershoff & Partners Ltd.
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1100
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Morning Break |
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| 1130 |
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Foundations for a sustainable world |
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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
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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
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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 |
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1300
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Lunch |
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| 1400 |
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Climate and energy resilient investing |
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Breaking the funding deadlock: financing the transition to a green global economy
Jakob von Uexkull, Founder and Chair, Management Board, World Future Council
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Carbon based investment strategies
Christoph Sutter, CEO & Chairman, South Pole Carbon Asset Management Ltd
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Renewable energy finance strategies
Olaf Weber, Director Environmental Affairs, KfW Bankengruppe
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1530
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Discussion
Chair: Ingeborg Schumacher, Director Responsible Investing, Kaiser Partner |
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1545
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Afternoon Break |
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| 1615 |
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Workshops |
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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
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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
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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
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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
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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
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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
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1730
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Wrap-up and workshop end
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| 1800 |
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Commencement evening reception |
All program elements are subject to change without notice